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Skrill Forex Brokers Regulated in the UK

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Skrill is a simple online payment system allowing traders to pay/send and receive payments through the internet in a secure and quick process. It is also commonly called an e-wallet. Based in the United Kingdom and founded in 2001 as Moneybookers, Skrill has been authorized by FCA.

Nowadays, many forex brokers are accepting Skrill for their payment method. Since forex brokers regulated by the FCA (Financial Conduct Authority) are mostly chosen by forex traders, the list below provides forex brokers that accept Skrill with FCA regulation.


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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

If we look more closely, the FCA has three main objectives:

  1. Protecting consumers,
  2. protecting and enhancing the integrity of the UK financial system, and
  3. promoting healthy competition between financial services providers in consumers' interests.

These objectives were based on the Financial Services and Markets Act 2000 and amended by the Financial Services Act 2012.

Continue Reading at FSA Vs FCA: Exposing the Differences and the History

The FCA's main responsibility is to regulate the conduct of financial services in the UK. In a broader scope, the FCA's responsibilities include:

  • Regulating standards of conduct in retail and wholesale markets.
  • Supervising trading infrastructures that support those markets.
  • Supervising prudential regulation on firms that are not regulated by the PRA.
  • Regulating securities markets

Continue Reading at What are the Top UK Financial Regulators?

There are at least four important things that you must do to buy stocks with Skrill:

  1. Open a Skrill account and deposit some money.
  2. Choose a broker for stock trading that you like, and make sure that they support Skrill as a payment method.
  3. Open a trading account with said broker.
  4. Fund your trading account using Skrill and start buying stocks.

Continue Reading at Top Brokers for Stock Trading that Accept Skrill

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