Trade forex online
Popular with Forex traders around the world, the Skrill account is ideal when you need to move money fast across Forex platforms worldwide.
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Reasons why Skrill is for Forex traders
- Speed – Trade forex online with a range of deposit options
- Secure – Keep your financial details private every time you pay
- Anytime, Anywhere – Download the Skrill app and trade forex on the go
- VIP Programme – The Skrill VIP programme gives you lower fees, 24/7 support and other extra benefits
How does Skrill work for forex trading?
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Create your Skrill account
Opening a Skrill account takes minutes and lets you bring all your payment details together in one place.
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Upload funds quickly
A Skrill wallet lets you transfer funds from bank accounts, cards or prepaid vouchers almost instantly. This means you never miss a trade.
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Trade forex online fast
With a Skrill account, you are always ready to react to the market quickly. Move funds instantly and efficiently to popular Forex platforms.
Access the latest trading offers in one place
FAQs
What you need to know to get started successfully trading forex with Skrill.
Forex trading is becoming more and more popular. That's why now is a good time to learn more about forex trading with Skrill.
Find out with Skrill how to trade currencies on forex markets.
What is Forex Trading?
The word "forex" is simply the shortened version of "foreign exchange".
Forex trading is the trading of one currency against another - usually with the aim of making a profit from the trade. It takes place on the foreign exchange market - also called the FX market or forex market.
This is a global marketplace for exchanging national currencies against each other.
Due to the global expansion of trade, commerce and finance, the foreign exchange markets are among the largest and most liquid investment markets in the world.
Where does forex trading take place?
Forex trading takes place exclusively online. All transactions run via computer networks between forex traders around the world, rather than through a central exchange.
To trade yourself, you need a forex broker.
They provide traders with access to a platform where they can buy and sell foreign currencies. You can choose from many brokers who provide trading software.
Simply Google recommended brokers and also pay attention to the transaction fees - because there is a fee for every forex trading transaction on forex markets.
A Skrill account is also ideal. This will save you money right from the start.
How do you trade Forex markets?
Your broker has trading software that you should familiarise yourself with if you want to trade forex. This software contains everything you need to place forex trading bids and make your trades.
Important: before you start, you need to understand how your forex trading platform works and have a solid trading strategy in place.
Furthermore, you should make sure you are comfortable with reading trading charts.
This is how you pay to trade forex
Best you set up an online wallet like the Skrill Wallet which you can use to deposit and withdraw money fast for your trades on the forex markets without having to share your bank details.