View Full Version : Which better? Skrill or Paypal
number1
09-27-2013, 07:53 AM
I have used both these payment processors and I found out Skrill is better. I'm a online business man and I often use e-currency and the first one I used was Paypal. It is very good till the day I decide to enter to forex market. My broker HotForex doesn't support Paypal and I have to switch to Skrill and I found out Skrill is better than Paypal too much. Faster withdrawal, lesser fee, better conversion rate. Nothing to complain.
How's about your ideas?
number1
10-24-2013, 07:58 AM
Thanks for your information, however I found out Skrill charged fee higher than Paypal but the exchange rate and processed time are better. Does anyone see it?
samuel_p80
10-27-2013, 04:54 AM
I think that paypal is better than skrill..
But in paypal, sometimes we could get "limit" and its very disturbing us..
I never make payment process on forex using paypal, because the brokers that i've joined do not use paypal. I hope liteforex using paypal as one of their payment processor.
Currently, i've use local withdraw and local deposit on liteforex to make transaction, it's very very fast. it only took 4-5hours....
orni308
10-30-2013, 01:59 PM
yeah liteforex cards are best for making deposits and withdrawals....
number1
11-04-2013, 08:24 AM
So is there any better payment processor than PP and Skrill, guys? I found out on HotForex site PM, Neteller and WebMoney, are they good?
danny
01-21-2014, 08:35 AM
i think skrill is better than paypal. because paypal usually limit balance. we must wait a few month for it. skill upload fund is easy. paypal you must have some exchange for it. so i always choos skrill
casama
02-09-2014, 05:04 AM
i think skrill is better than paypal. because paypal usually limit balance. we must wait a few month for it. skill upload fund is easy. paypal you must have some exchange for it. so i always choos skrill
yeah . think so . i like visa card. it linked to skill
number1
02-13-2014, 08:39 AM
But it's only for Europe citizen, I am in Asia so it's imbossible.
vic84
02-20-2014, 02:50 PM
one of the most widely used system is paypal so its better, lot of big companies trust their services....
number1
03-04-2014, 09:05 AM
yeah, Paypal is the most popular and reliable payment service on the world. But not too many brokers support Paypal. Almost well-known brokers support Skrill but no Paypal.
PipRebate
03-05-2014, 03:12 AM
Skrill is better.
frenship
03-17-2014, 11:29 AM
Paypal is the best payment processor guys...!!
This processor will never bankrupt.
number1
03-20-2014, 07:19 AM
I just made a withdrawal again, it's long time I don't withdraw from this payment processor. Hope its exchange rate and processed days are better than Paypal.
casama
03-26-2014, 10:56 AM
imthink skill will be better . but now i use local deposit for forex market
number1
04-08-2014, 08:51 AM
what's local deposit?
number1
08-13-2014, 08:26 AM
Is there anyone using both these pp, just share your experience here.
I am using Skrill for withdraw from hotforex and it's good sometimes while I am using PP for delivering other client's payment. Both are acceptable but hearing another real experience is better.
number1
09-10-2014, 08:03 AM
Anyone used Skrill or Paypal, share your exp here.
shade
11-30-2014, 03:26 PM
Anyone used Skrill or Paypal, share your exp here.
i dont use paypal, it's almost 2 years since i use Skrill for deposit/withdrawing from my account with armada markets, not having any problem at all, they paid in time most request done below 1 hours. but for cash out to my local bank it need 2-3 days, fee are much lower than wire transfer fee. using skrill are definetly secure while they're regulated by FCA.
olga99
03-19-2015, 04:26 PM
I do not use paypal for making financial prosess in forex broker, because my broker do not support with this payment system.
number1
03-27-2015, 08:44 AM
So does your broker support Skrill?
shade
04-05-2015, 09:51 PM
So does your broker support Skrill?
consider the brokers reputation,trading condition and the withdrawal and deposit system. this what I consider before opening my account with Tickmill last years ago, reputable one, even this not the only thing to consider, any website review sometimes just had their own odd issue, I'd prefer to make sure by my own experience. these where i found TM trading condition are very competitive, as for payment they had wide range method but at secure line of payment methods, I primarly use Skrill with them.
bulalakaw
04-10-2015, 04:49 AM
I trade with hotforex they do offer skrill i used them before but settled with payneer, there are other option popular such as webmoney and netteller.
danny
04-14-2015, 02:22 AM
i think use can use skrill it is better. i use it for deposit and withdraw with liteforex. it's working effective . we wasn't limit account. it's easy to use.
PipRebate
04-14-2015, 06:59 AM
So does your broker support Skrill?
Hello
You can see list of forex brokers support Skrill payment at below link
http://www.1forexbroker.com/G/Skrill-Forex-Brokers
number1
06-01-2015, 08:00 AM
Hello
You can see list of forex brokers support Skrill payment at below link
http://www.1forexbroker.com/G/Skrill-Forex-Brokers
Thanks for your list. I have searched on Skrill website but nothing return.
Ao hao
06-24-2015, 08:36 AM
I'm also using hotforex and skrill to withdraw, it's cheaper and faster, in my country skrill just take one or two days to account. So what you should do?
number1
06-29-2015, 01:22 PM
it's cheaper and faster than what?
cautiousedf
08-13-2015, 07:59 AM
I think that depends (your choice between PayPal or Skrill) on the location and your broker.
Paypal is more popular and works in most countries.
bulalakaw
08-14-2015, 09:29 AM
man paypal is a bit over rated! it can be good for other stuff like ebay maybe yeah, but damn they doo have crazy tendencies to simple freez an account with out properly investigating, get a couple of dozen complaints even it its fake against any big account it ends up frozen! thats not good for business! thats why most forex brokers avoid paypal! some smaller broker might offer it but pretty sure it wont last! lets just say their fortes are diffferent thats all with all due to paypal im one of their users anyway! :)
vincom
08-28-2015, 07:05 PM
I think that depends (your choice between PayPal or Skrill) on the location and your broker.
Paypal is more popular and works in most countries.
Yes, my current broker Vinson Financials did support Paypal several months ago but as Gambling, Paypal doesn't play with Forex any more even it brings many benefits. However, Skrill and wire transfer are good choices for traders.
number1
10-01-2015, 07:35 AM
In Forex, Skrill is much better than Paypal.
bulalakaw
10-02-2015, 09:13 AM
i would avoid any paypal usage in forex trading, its really risky, and account could be frozen instantly..
bulalakaw
10-02-2015, 09:15 AM
another thing, i noticed some late reply from skrill lately through email. and there are some added restrictions, im vouching for payoneer or netteller im using payoneer but have some good feen about netteller and webmoney im planning to test
vincom
12-11-2015, 06:43 PM
i would avoid any paypal usage in forex trading, its really risky, and account could be frozen instantly..
Indeed, my current broker did support Paypal but suddenly stopped. I think Paypal is not a reliable payment method in Forex trading because it could vanish in one day.
number1
12-17-2015, 07:18 AM
My broker hotforex support these payment options: Master/Visa, Skrill, Visa Electron, Neteller, CashU, FastPay, WebMoney, PaySafeCard. I think only good broker can support multiple payment methods.
sumarjan
03-28-2016, 03:41 PM
I've been using SKRILL and WEbmoney for withdrawing my profit from liteforex broker, its fast and secure payment system. I like it so much.
number1
03-31-2016, 08:52 AM
Skrill and WebMoney are very popular with most forex brokers. I haven't used WebMoney becaused of its complicated wallet system, Skrill is similar with Paypal and very simple, fast and secure.
blueberry
05-13-2016, 09:09 AM
I am using skrill for almost five years and it is easier to transfer funds to my broker however i would like to use paypal too but it is not available in my region.
number1
11-23-2016, 05:59 PM
Skrill now is very terrible, seems it's not my best choice any more. Many fees were born in 2016, I know the CEO and shareholders want to buy more yatch but it's too much for a user as me.
bulalakaw
11-29-2016, 12:50 PM
skrill is going through some trouble, since its a eur based company, EUR is doing really bad, its really low since 2002. and its losing big with its USD clients.. they are making drastic changes.. even neteller is doing the same and its not looking good, it will take a couple of years i guess to restore the quality of their business. lets hope for the best
blueberry
06-12-2017, 03:04 AM
Skrill now is very terrible, seems it's not my best choice any more. Many fees were born in 2016, I know the CEO and shareholders want to buy more yatch but it's too much for a user as me.
I have noticed that they (Skrill) have revised their charges as well as the services are also improved a bit.
1ForexForum
07-17-2017, 12:42 PM
Hi all
I think Paypal is better.
asad321
07-17-2017, 12:45 PM
hello
both payments close our account without any reason!!
number1
07-21-2017, 07:32 AM
Did you violate their policies? I have used both Paypal and Skrill for over 4 years and both they are active forever and I never faced an issue. I thought it's yours fault, not their weakness.
number1
09-26-2017, 06:51 PM
Anyone still using Skrill? It's long time I don't withdraw Skrill, can someone update its exchange rate when withdraw?
Robert Edwards
12-06-2017, 03:18 PM
I say Bitcoin is the BEST. In fact, now days, it is pretty much evident that not only Bitcoin but all other Cryptos are at peak of their powers. The best part is that one can get Debit cards and all that through it. Right now, I have ordered The Bitcoin Card from Bank By Bitcoin (https://bankbybitcoin.com), it is the cheapest you could get at 10 bucks. It is not just about the card but it comes with FREE shipping and name inscription and even is preloaded with little amount of Bitcoin, if this is not enough then there is nothing else.
number1
05-22-2018, 08:57 AM
Bitcoin could be a good option while some brokers as hotforex is supporting it. However, it's quite complicated and its fee could be an obstacles with many traders. So I still recommend Skrill for Forex or other online business.
number1
01-03-2019, 07:27 PM
Long time I don't reply in this thread but Bitcoin is not a good choice anymore for payment processor. Please use Skrill or Neteller.
number1
02-25-2019, 08:27 AM
Is there any available payment method beside Skrill and Paypal for forex payment?
Annette Ashley
05-29-2019, 06:11 PM
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blueberry
04-09-2020, 04:37 PM
Since paypal does not offer services in many regions and my area is among one of them so i have left with no other option but to use skrill for transactions.
Jamal Molla
08-31-2021, 11:44 AM
From my point of view, PayPal is much better than Skrill cause Skrill always charge 1% that is absolutely very high where PayPal send money is totally free.
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