Skrill Forex Brokers Regulated in the UK
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.
Additional FAQ
How much does it cost to get broker license in UK?
The Financial Conduct Authority (FCA) is in charge of regulating the UK's financial market. A registered capital requirement of GBP100,000 and a licensing cost of GBP22,000 are required for registration, which can take up to two years to complete.
Continue Reading at Top Countries to Apply for Brokerage Licenses
The FCA has the objective of ensuring that financial markets work well in accordance with the regulation. By doing so, the FCA strives for:
- Protecting customers.
- Enhancing the integrity of the UK financial system.
- Promoting fair competition in the interests of customers.
Continue Reading at What are the Top UK Financial Regulators?
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
Highly recommended among its peers, Skrill is a secure and simple online payment system. It is a popular digital payment system previously known as Moneybookers.
Skrill is used by forex traders from many countries. Every trader, of course, needs a quick and safe transaction, especially if it deals with a big amount of money. Accommodating the need, Skrill is managed and operated by the best accounting specialists and financial leaders so it won't put you at high risk.
Continue Reading at Skrill for Forex Traders: Benefits and Brokers to Choose