Skrill Forex Brokers Regulated by the CySEC
Skrill is a simple, quick, and safe digital payment transfer. Formerly known as "Moneybookers", they have served businesses of all sizes. Skrill's focus is on low-cost international money transfers made possible through the internet. It's an online wallet where you can fund or withdraw your trading balances.
As one of the most favorable forex brokers to trade with are those regulated by CySEC (Cyprus Securities and Exchange Commission), here we provide you a list of CySEC forex brokers providing Skrill payment.
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The CySEC, also known as the Cyprus Securities and Exchange Commission, is a government-owned financial regulatory body based in Cyprus. Since Cyprus is a member state of the European Union, all states listed as members of the European Union recognize financial companies licensed by CySEC.
CySEC might happen to be the largest government-owned regulatory agency of forex and binary options brokers in the world. The agency is responsible for granting as well as monitoring operation licenses to brokerage firms.
Continue Reading at Comparing CySEC Vs FCA Regulation
Skrill was founded in 2001, originally known as Moneybookers. It is a British online payment service company similar to PayPal. The company offers various services including payment options, digital wallets, and most importantly, smooth money transfers online. Not only that, Skrill also supports prepaid MasterCard.
Today, its service is available in most countries in the world with more than 20 million users worldwide. More than that, Skrill is now owned by Paysafe Group, which is also the parent company of one of Skrill's biggest competitors, Neteller.
Continue Reading at Top Brokers for Stock Trading that Accept Skrill
What are the pros of using Skill?
The Pros:
- Supports an impressive number of countries and currencies.
- Under the regulation of the FCA, Skrill is only obliged to partner up with other licensed and safe businesses.
- Easy to use. Skrill is fully online-based and the integration between its service and other services has been optimized to work smoothly. Once you've linked your Skrill account to your trading account, the process of buying stocks becomes simple and easy.
- All transactions are performed almost instantly in just a matter of minutes, while in comparison, using a credit card will take up at least 24 hours and bank transfers can take up to several business days.
Continue Reading at Top Brokers for Stock Trading that Accept Skrill
How to buy stocks with Skrill?
There are at least four important things that you must do to buy stocks with Skrill:
- Open a Skrill account and deposit some money.
- Choose a broker for stock trading that you like, and make sure that they support Skrill as a payment method.
- Open a trading account with said broker.
- Fund your trading account using Skrill and start buying stocks.
Continue Reading at Top Brokers for Stock Trading that Accept Skrill
