Skrill (formerly known as Moneybookers) is a British electronic payment, storage and money transfer system that is operated by Skrill Group, which is owned by Optimal Payments Plc. Skrill was was founded as Moneybookers in 2001 and by its functionality is a competitor of other popular payment system PayPal. Like PayPal, Skrill does not offer any electronic currency, but the account balance can be uploaded and is measured in the common currency units.
Since September 2011, Moneybookers changed its brand name to Skrill, completing the transition process by 2013.
Skrill requires mandatory account owner verification, which can be done via confirming the credit card, the bank account or the physical address. All three methods can be used together to increase the transfer limits that are active for all customers.
Skrill charges fees for sending the funds, which is usually quite convenient for the sellers and providers of the various paid on-line services.
Skrill is less popular in the world than PayPal or WebMoney, but is a convenient electronic payment system to use with the Forex brokers. It is a secure payment system that is not anonymous and complies with the British anti-fraud laws. Unlike PayPal, Skrill is fully available to the residents of nearly all countries in the world, making it potentially more widespread system.
Here is the short list of the Forex brokers that accept Skrill:
To open account with Skrill, please visit https://www.skrill.com.