MY experience with Skrill..BEWARE!
Mitglied seit Apr 24, 2014
212 Posts
Jun 30, 2014 at 13:01
So As I venture into forex, I chose Skrill as my payment processor for forex ventures. What a mistake that was. I was looking for something with low fees as My balance is small and also won't annihilate me in charges (uk resident trading/dealing in usd)
Funding the skrill account is simple so was sending money to broker but receiving money (from broker to skrill account)
money randomly disappears. I withdrew 126 I get 124 something, Its is random. They take money from you as they feel like it although it explicitly says on their site its free to receive money! my advice is stay away from them.
I am looking around for alternative ways to do forex online, any suggestions? I think webmoney fees are low but it looks overly complicated so I don't know.
Funding the skrill account is simple so was sending money to broker but receiving money (from broker to skrill account)
money randomly disappears. I withdrew 126 I get 124 something, Its is random. They take money from you as they feel like it although it explicitly says on their site its free to receive money! my advice is stay away from them.
I am looking around for alternative ways to do forex online, any suggestions? I think webmoney fees are low but it looks overly complicated so I don't know.
Get rich or just die
forex_trader_159154
Mitglied seit Oct 29, 2013
4 Posts
Jun 30, 2014 at 14:58
it is not random
check broker withdrawal specs
i have been with moneybookers / skrill for the last 4 years -- never had ANY issue
i am also using their card
best regards
raul
check broker withdrawal specs
i have been with moneybookers / skrill for the last 4 years -- never had ANY issue
i am also using their card
best regards
raul
forex_trader_29148
Mitglied seit Feb 11, 2011
1916 Posts
Jun 30, 2014 at 16:40
i'm with them since a long while too ,it's not a free service ,withdraw only when it's du ,don't do that often
Mitglied seit Apr 24, 2014
212 Posts
Jun 30, 2014 at 20:01
My broker takes the hit on charges for most methods including skrill it can do that because it is also a bank. I contact both parties customer services and they both assured me they never charged me. A little bit of googling turns out since money bookers switched to skrill they use intermediary banks and they take the money off the account at their own will!
Regards
Regards
Get rich or just die
Mitglied seit Oct 28, 2009
1424 Posts
Jun 30, 2014 at 20:40
(bearbeitet Jun 30, 2014 at 20:41)
I've lost a fair amount on exchange scalping with Skrill. I try not to use them unless I absolutely have to. I'd try and find brokers that you can find with credit/debit card or bank wire.
You'll especially lose a lot if you are moving from GBP to USD in Skrill, sending it to the broker and then changing it back from USD to GBP on withdrawal.
If you're trading in USD - which isn't the best idea if you're living in UK - then you might want to look into getting a USD bank account and using CurrencyFair.com to change your cash GBP into USD through there before sending it via a payment portal. Although they also charge so you need to be using reasonable amounts to not lose out on their transactions, but for larger amounts it's definitely worth the 2-3% that Skrill scalp on the exchange.
Best regards Steve
You'll especially lose a lot if you are moving from GBP to USD in Skrill, sending it to the broker and then changing it back from USD to GBP on withdrawal.
If you're trading in USD - which isn't the best idea if you're living in UK - then you might want to look into getting a USD bank account and using CurrencyFair.com to change your cash GBP into USD through there before sending it via a payment portal. Although they also charge so you need to be using reasonable amounts to not lose out on their transactions, but for larger amounts it's definitely worth the 2-3% that Skrill scalp on the exchange.
Best regards Steve
11:15, restate my assumptions: 1. Mathematics is the language of nature. 2. Everything around us can be represented and understood through numbers. 3. If you graph these numbers, patterns emerge. Therefore: There are patterns everywhere in nature.
forex_trader_25447
Mitglied seit Dec 21, 2010
131 Posts
Jun 30, 2014 at 21:00
I use broker that support Neteller
(https://www.forex4you.com/en/account/withdrawal-and-deposit-conditions/).
There is NO FEE for :
- transfer to Broker;
- transfer from Broker;
- using prepaid card on POS-terminal.
I pay only fee for deposit to system,
but there are few possibility without fee.
https://www.neteller.com/fees/
And by the way everything is INSTANT.
(https://www.forex4you.com/en/account/withdrawal-and-deposit-conditions/).
There is NO FEE for :
- transfer to Broker;
- transfer from Broker;
- using prepaid card on POS-terminal.
I pay only fee for deposit to system,
but there are few possibility without fee.
https://www.neteller.com/fees/
And by the way everything is INSTANT.
Mitglied seit Apr 24, 2014
212 Posts
Jun 30, 2014 at 22:32
(bearbeitet Jun 30, 2014 at 22:41)
stevetrade posted:
I've lost a fair amount on exchange scalping with Skrill. I try not to use them unless I absolutely have to. I'd try and find brokers that you can find with credit/debit card or bank wire.
You'll especially lose a lot if you are moving from GBP to USD in Skrill, sending it to the broker and then changing it back from USD to GBP on withdrawal.
If you're trading in USD - which isn't the best idea if you're living in UK - then you might want to look into getting a USD bank account and using CurrencyFair.com to change your cash GBP into USD through there before sending it via a payment portal. Although they also charge so you need to be using reasonable amounts to not lose out on their transactions, but for larger amounts it's definitely worth the 2-3% that Skrill scalp on the exchange.
Best regards Steve
Yea I know its not best of ideas but I don't plan on withdrawing back the dollars anytime soon if they make profits and returns only reinvestments.
Lesson learnt, Halifax(my bank)is horrible for forex dealing, whether international payments or foreign currency conversions. I mean atrocious lol 😲
StoneHeart posted:
I use broker that support Neteller
(https://www.forex4you.com/en/account/withdrawal-and-deposit-conditions/).
There is NO FEE for :
- transfer to Broker;
- transfer from Broker;
- using prepaid card on POS-terminal.
I pay only fee for deposit to system,
but there are few possibility without fee.
https://www.neteller.com/fees/
And by the way everything is INSTANT.
wow, that sounds too good to be true..but then how do they make their money to stay in business? how long have you used them for , any problems?
Get rich or just die
forex_trader_25447
Mitglied seit Dec 21, 2010
131 Posts
Jun 30, 2014 at 23:06
This is BEST payment system, I've ever use.
No any problem. Extremely hi level of security.
(@VIP) You even can visit office in UK : https://www.neteller.com/about/
And ... it is not may business , now do they win, if do not pay them.
Probably someone else did : brokers, bookmakers, casino .
No any problem. Extremely hi level of security.
(@VIP) You even can visit office in UK : https://www.neteller.com/about/
And ... it is not may business , now do they win, if do not pay them.
Probably someone else did : brokers, bookmakers, casino .
Jul 01, 2014 at 06:43
Been using moneybookers/skrill for around 3 years now. Never had issues with them until Moneybookers became Skrill. During Moneybookers' time, withdrawal was only around 1-2 days. Now they are consistent at 5 exact days! :) I've also noticed the extra $$ lost during the withdrawal transactions when they became Skrill.
Recent withdrawal:
$121.7
-$4 (Skrill fee)
= $119.7 (effective amount to be transferred)
Arrived:
~$104.7
I've lost around $15 in between. I don't know where it went so I just assumed that the transaction cost between banks ate it.
My previous $300 withdrawal even cost me around $60!
Recent withdrawal:
$121.7
-$4 (Skrill fee)
= $119.7 (effective amount to be transferred)
Arrived:
~$104.7
I've lost around $15 in between. I don't know where it went so I just assumed that the transaction cost between banks ate it.
My previous $300 withdrawal even cost me around $60!
Mitglied seit Apr 24, 2014
212 Posts
Jul 01, 2014 at 06:53
StoneHeart posted:
This is BEST payment system, I've ever use.
No any problem. Extremely hi level of security.
(@VIP) You even can visit office in UK : https://www.neteller.com/about/
And ... it is not may business , now do they win, if do not pay them.
Probably someone else did : brokers, bookmakers, casino .
I see thanks I will research them further just So I don't get screwed again like with skrill! how long have you been using them?
harin posted:
Been using moneybookers/skrill for around 3 years now. Never had issues with them until Moneybookers became Skrill. During Moneybookers' time, withdrawal was only around 1-2 days. Now they are consistent at 5 exact days! :) I've also noticed the extra $$ lost during the withdrawal transactions when they became Skrill.
Recent withdrawal:
$121.7
-$4 (Skrill fee)
= $119.7 (effective amount to be transferred)
Arrived:
~$104.7
I've lost around $15 in between. I don't know where it went so I just assumed that the transaction cost between banks ate it.
My previous $300 withdrawal even cost me around $60!
Dang, that's alot..yea I am definitely not loading any money on it any more. I was going to get their card once things get rolling ahwell squashed plans now😑
They eating my money from broker back to my skrill account, I don't want to know how much they will eat bringing the money home into my bank!
Get rich or just die
Mitglied seit Jun 09, 2014
138 Posts
Jul 03, 2014 at 21:18
Thanks for the neteller tip!
Jul 04, 2014 at 02:32
(bearbeitet Jul 04, 2014 at 02:32)
raulgherman posted:
it is not random
check broker withdrawal specs
i have been with moneybookers / skrill for the last 4 years -- never had ANY issue
i am also using their card
best regards
raul
I have transferred over 20k usd using skrills (so long ago it was called moneybookers) and never had an issue. What occurs most time is that your broker doesn't send the money, or if you have it sitting to long on your computer you run the risk of getting hack. When I have money in skrills, I send it to where it has to go right away. This way any issues, and it is a phone call away. I simply call them on skype, and get the issues resolved. One time I was sending money to my bank account, and it took 3 weeks to get to me, but only because of issues with my bank. Once skrills sends it, it is out of their hands, but they do have the ability of investigating any issues you may have. I for one love skrills, especially for forex.
Mitglied seit Apr 24, 2014
212 Posts
Jul 04, 2014 at 06:19
(bearbeitet Jul 04, 2014 at 06:19)
AmberLynn posted:raulgherman posted:
it is not random
check broker withdrawal specs
i have been with moneybookers / skrill for the last 4 years -- never had ANY issue
i am also using their card
best regards
raul
I have transferred over 20k usd using skrills (so long ago it was called moneybookers) and never had an issue. What occurs most time is that your broker doesn't send the money, or if you have it sitting to long on your computer you run the risk of getting hack. When I have money in skrills, I send it to where it has to go right away. This way any issues, and it is a phone call away. I simply call them on skype, and get the issues resolved. One time I was sending money to my bank account, and it took 3 weeks to get to me, but only because of issues with my bank. Once skrills sends it, it is out of their hands, but they do have the ability of investigating any issues you may have. I for one love skrills, especially for forex.
People were saying online that since they changed their name to skrill and stuff they basically went to shit. Introduced intermediary banks that takes charges randomly and at will.
Get rich or just die
Mitglied seit Apr 30, 2013
55 Posts
Jul 08, 2014 at 18:35
I never had any issues with Skrill. Good service, and ofcourse I need to give them a fee, like any other e-payment service they need to earn money as well. In return I have a good support from them as well as a ATM card.
60% of my clients pay the performance fee of my signalprovider every month to my PayPal, and the other 40% to my Skrill.
Skrill and PayPal are both connected to my bankaccount(s) so withdrawal is made easy, although I love the Skrill ATM card!
60% of my clients pay the performance fee of my signalprovider every month to my PayPal, and the other 40% to my Skrill.
Skrill and PayPal are both connected to my bankaccount(s) so withdrawal is made easy, although I love the Skrill ATM card!
forex_trader_295635
Mitglied seit Jan 04, 2016
4 Posts
Jan 04, 2016 at 13:26
Hello,
My account at Skrill was hacked and I lost $11,400!!! I notice unauthorized transactions and notified Skrill immediately by phone, about an hour after that transaction was made, I sent them everything they asked and they didn't help me. I got after 8 days an email where they saying that the money left their system and they can not assist further.
My account at Skrill was hacked and I lost $11,400!!! I notice unauthorized transactions and notified Skrill immediately by phone, about an hour after that transaction was made, I sent them everything they asked and they didn't help me. I got after 8 days an email where they saying that the money left their system and they can not assist further.
forex_trader_29148
Mitglied seit Feb 11, 2011
1916 Posts
Jan 04, 2016 at 15:44
(bearbeitet Jan 04, 2016 at 15:46)
murphy81 posted:
Hello,
My account at Skrill was hacked and I lost $11,400!!! I notice unauthorized transactions and notified Skrill immediately by phone, about an hour after that transaction was made, I sent them everything they asked and they didn't help me. I got after 8 days an email where they saying that the money left their system and they can not assist further.
why did you keep 11400$ sitting there? between 2 transactions i hope you will reply
4
forex_trader_295635
Mitglied seit Jan 04, 2016
4 Posts
Jan 05, 2016 at 07:27
rob559 posted:murphy81 posted:
Hello,
My account at Skrill was hacked and I lost $11,400!!! I notice unauthorized transactions and notified Skrill immediately by phone, about an hour after that transaction was made, I sent them everything they asked and they didn't help me. I got after 8 days an email where they saying that the money left their system and they can not assist further.
why did you keep 11400$ sitting there? between 2 transactions i hope you will reply
Why I kept the money is not relevant at this point. The point is that the money must be safe no matter what the amount is in question. And if there are unauthorized transactions or theft, the customer should be refunded.
forex_trader_29148
Mitglied seit Feb 11, 2011
1916 Posts
Jan 05, 2016 at 16:00
murphy81 posted:rob559 posted:murphy81 posted:
Hello,
My account at Skrill was hacked and I lost $11,400!!! I notice unauthorized transactions and notified Skrill immediately by phone, about an hour after that transaction was made, I sent them everything they asked and they didn't help me. I got after 8 days an email where they saying that the money left their system and they can not assist further.
why did you keep 11400$ sitting there? between 2 transactions i hope you will reply
Why I kept the money is not relevant at this point. The point is that the money must be safe no matter what the amount is in question. And if there are unauthorized transactions or theft, the customer should be refunded.
i don't believe you pal
forex_trader_295635
Mitglied seit Jan 04, 2016
4 Posts
Jan 06, 2016 at 08:19
rob559 posted:murphy81 posted:rob559 posted:murphy81 posted:
Hello,
My account at Skrill was hacked and I lost $11,400!!! I notice unauthorized transactions and notified Skrill immediately by phone, about an hour after that transaction was made, I sent them everything they asked and they didn't help me. I got after 8 days an email where they saying that the money left their system and they can not assist further.
why did you keep 11400$ sitting there? between 2 transactions i hope you will reply
Why I kept the money is not relevant at this point. The point is that the money must be safe no matter what the amount is in question. And if there are unauthorized transactions or theft, the customer should be refunded.
i don't believe you pal
It is not important to me whether you believe me or not, I certainly will not give the evidences to you. Skrill got all the evidence from my side. And fortunately, they took again the case for review, will see what will happen.
