CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Between 54-87% of retail CFD accounts lose money. Based on 69 brokers who display this data. *Availability subject to regulation.
Skrill is an online payment service provider that allows users to quickly and securely pay or receive payments online.
Skrill is one of the most popular choices for making online payments due to its convenience, security, speed and low fees of only 1%. With their popularity, the majority of online forex brokers have adopted Skrill as a online payment method for making withdrawals and deposits. Skrill is trusted by millions around the world for quick and safe global payments.
(Regulated by The Financial Conduct Authority, UK #525164)
Why traders prefer Core Spreads:
The majority of brokers will not charge any fees for making deposits or withdrawals with Skrill.
As with any withdrawal method, the brokers will generally required to verify clients before they allow you to make any withdrawals. These are usually set out by the regulator for example the Financial Conduct Authority in the UK.
Once registered payments and withdrawals are simple and take only a few days.
Different brokers may have different requirement so it would be best advised to check what your chosen broker requires before you are allowed to make any withdrawals.
Some brokers will even offer a bonus just for depositing using Skrill including:
eToro, up to $1,000 eToro credits.