Skrill on Quotex — Deposit & Withdrawal Guide
Skrill Quotex — At a Glance
| Feature | Detail |
|---|---|
| Minimum deposit | $10 USD |
| Maximum single deposit | $10,000 |
| Deposit time | Instant |
| Fees from Quotex on deposit | 0% |
| Fees from Skrill on deposit | 0-2.5% depending on funding source |
| Withdrawal time | 1-24 hours |
| Withdrawal fees from Quotex | 0% |
| Country availability | 200+ countries (US restricted) |
Setting Up a Skrill Account
- Step 1 — Go to skrill.com; click 'Register Now'
- Step 2 — Enter email, password, country, name
- Step 3 — Verify email link
- Step 4 — Upload ID for KYC (passport or national ID + selfie)
- Step 5 — Wait 24-48 hours for KYC approval
- Step 6 — Fund Skrill account via card, bank transfer, or crypto
Depositing to Quotex via Skrill
- Step 1 — Log into Quotex; click Deposit
- Step 2 — Select 'Skrill'
- Step 3 — Enter amount in USD
- Step 4 — You're redirected to Skrill login
- Step 5 — Confirm payment in Skrill with PIN/2FA
- Step 6 — Redirected back to Quotex; deposit instant
Withdrawal to Skrill
Withdrawals to Skrill are among the fastest on Quotex. Typical processing: 1-24 hours after KYC complete. First withdrawal requires Quotex KYC verification (24h). Subsequent withdrawals are fast.
- Minimum withdrawal: $10
- Maximum daily: $10,000 after KYC
- Processing time: 1-24 hours typical
- Fees: 0% from Quotex
Skrill Fees (NOT Quotex fees)
Skrill charges its own fees separately from Quotex. Common Skrill fees that may apply:
| Skrill Activity | Skrill Fee (NOT Quotex) |
|---|---|
| Fund Skrill account by card | 1-2.5% |
| Fund Skrill account by bank transfer | 0% (free) |
| Fund Skrill account by crypto | 1% |
| Pay Quotex from Skrill balance | 0% (free, Skrill internal transfer) |
| Withdraw Skrill to bank card | 1-2.5% |
| Currency conversion within Skrill | 3.99% above mid-market |
| Inactivity fee (no logins 12+ months) | €5/month |
Skrill FAQ
Why use Skrill if my local payment method is free?
Use local methods (UPI, PIX, JazzCash) if available — they're faster and free. Skrill is most useful when: (1) local methods aren't available in your country; (2) you want a single wallet for multiple platforms (Skrill works with hundreds of brokers); (3) you trade larger volumes and want consolidated KYC/AML across services.
Is Skrill safe?
Skrill is regulated by FCA UK (Financial Conduct Authority) under Paysafe Group. Client funds are segregated. From a regulator perspective, Skrill is safer than offshore-only payment options. However, Skrill itself doesn't insure against Quotex platform risk — if Quotex has issues, Skrill won't recover your trading balance for you.
Can US residents use Skrill for Quotex?
Skrill suspended US consumer accounts in 2017. US residents cannot open Skrill consumer accounts. (Also, Quotex doesn't accept US residents regardless.)
What if my Skrill account is in EUR but I want to deposit to Quotex in USD?
Skrill auto-converts at deposit time at their mid-market + 3.99% spread. To avoid this fee, fund Skrill account in USD (request USD account if not default) and deposit to Quotex in USD.
Can I use Skrill 1-Tap?
Yes — once you've made a Skrill deposit to Quotex once, future deposits can use Skrill 1-Tap (saves your Skrill payment method, skips login). Convenient for frequent depositors.
How long does Skrill withdrawal take to actually reach my bank?
Two-step process: (1) Quotex → Skrill: 1-24 hours; (2) Skrill → your bank card: 0-2 business days. Total: typically 1-3 days. If you want money fastest, withdraw from Quotex to Skrill, then use Skrill for shopping/payments rather than withdrawing to bank.
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