Updated October 17, 2026 · VaultCue Editorial Team
eToro vs Skrill
eToro
Skrill
Higher score in this comparison
Where eToro and Skrill differ
| Compare | eToroReviewVisitVisit | SkrillReviewVisitVisit |
|---|---|---|
| Monthly fee | $0 | €0 |
| Currency conversion fee | 0%Lower | 3.99% |
| Currencies | 5 | 47Higher |
| Transfer fee | SEPA transfers in and out free; withdrawals from local currency account free, USD investment account $5 | Skrill to Skrill 2.99% (min EUR 0.50); Skrill Money Transfer by bank transfer zero fees; international transfer up to 4.99% incl. exchange rate mark-up |
| Licence type | Not confirmed | E money |
| Free ATM withdrawals | £2,000 to £10,000 | Not confirmed |
Same on both: Deposit protection (EU DGS up to EUR 100,000).
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Key differences
- Skrill scores higher overall: 9.0 vs 8.9.
- Founded is lower at Skrill: 2001 vs 2007.
- eToro is licensed in 4 more countries.
- eToro is available in 8 more countries.
- Currency conversion fee is lower at eToro: 0% vs 3.99%.
- Currencies is higher at Skrill: 47 vs 5.
- Support channels: only Skrill offers Email, Phone.
Our verdict on each
eToro
The retained provider fee page attributes the UK GBP account to eToro Money UK Ltd.
Skrill
Skrill suits expats, travellers and businesses who want many currencies and no monthly charge, with the monthly fee at €0 and 47 currencies. The trade-off is the pace and cost of moving money: international transfers land in 24 - 72 hours and conversion costs 3.99% on top.
Score breakdown
| Area | eToro | Skrill |
|---|---|---|
| Cost | 9.0Higher | 8.7Cost is the weak side: 3.99% to convert, a fee set on the amount sent for transfers, and a mark-up of 4.99% on international ones. |
| Offer | 8.7 | 9.6HigherOffer is strong: 47 currencies, EU deposit protection of EU DGS up to EUR 100,000 and support on help centre, email and phone. |
| Trust | 9.0Higher | 8.9 |
Where each is licensed and available
| Country | eToro | Skrill |
|---|---|---|
| United Kingdom | ||
| United States | SIPC SIPC member 70212 | |
| Australia | Not confirmed | |
| Cyprus | Cyprus Securities and Exchange Commission (CySEC) MiCA CASP 213800GIFQMSV7HROS23 | Not confirmed |
| Ireland | Not confirmed | IE_CBI PSD_EMI IE_CBI!C184986 |
| Malta | Not confirmed | |
| Seychelles | Not confirmed | |
| United Arab Emirates | Not confirmed |
Available in 2 countries for both. Additional countries for eToro: 10. Additional countries for Skrill: 2.
Spending 1,000 abroad
eToro
0
0% of 1,000
Skrill
39.9
3.99% of 1,000
eToro comes out 39.9 lower in this example.
Worked out from the stated prices and rates; your own total depends on how you use it. Facts checked September 26, 2026.
Which one suits you
Pick eToro if cost and currency conversion fee matter most.
Pick Skrill if offer and currencies matter most.
How they place
| Ranking | eToro | Skrill |
|---|---|---|
| Multi-currency accounts | 1 of 348 | 4 of 348 |
Every fact side by side
| Fact | eToro | Skrill |
|---|---|---|
| Audience | Not confirmed | Expats, Travelers, Business |
| Pricing model | No monthly fee | No monthly fee |
| Features | Free ATM | Not confirmed |
| Legal entity | eToro (Europe) Ltd | Paysafe Payment Solutions Limited |
| Headquarters | Cyprus | Ireland |
| Founded | 2007 | 2001Lower |
| Support channels | Help centre | Help centre, Email, PhoneCovers more |
Money transfer
| Fact | eToro | Skrill |
|---|---|---|
| Exchange rate markup | Not confirmed | 4.99% |
| Delivery time | Not confirmed | 24 - 72 hours |
| Payout methods | Not confirmed | Bank, Card, Wallet |
| Fee to send 1,000 | Not confirmed | €0 |
Where each stands against the rest
| Fact | eToro | Skrill | Median |
|---|---|---|---|
| Currency conversion fee | 0%below the median | 3.99%highest quarter | 0.5% |
| Currencies | 5at the median | 47highest quarter | 5 |
| Free ATM withdrawals | £2,000 to £10,000highest quarter | Not confirmed | £0 |
Median across 536 listed accounts.
Pros and cons
eToro
Pros
- Access to shares, funds and crypto through one platform
- Fractional shares for smaller purchases in higher priced companies
- Data and analysis tools alongside views from the investor community
Cons
- Investment values can fall, so holdings may end below their starting value
- Copying other investors can bring risks that are hard to judge
Skrill
Pros
- The monthly fee is €0, the same as Starling Personal Account Debit Card at £0, so the wallet costs nothing to keep open.
- The stated audience covers expats, travelers and business, so expats, travellers and businesses are the groups the service is built around.
- 47 currencies sit in one wallet, well above the site median of 5.
Cons
- Currency conversion costs 3.99%, against 0% at AXI Card Tarjeta y Credito and 0.5% at XTB.
- An exchange rate mark-up of 4.99% can be added to international transfers on top of the fee.
- The currency conversion fee ranking puts it at 297 out of 312, so exchange is the weak spot.
Who each suits
eToro
Who it suits
- Readers identifying the provider named for eToro’s UK GBP account.
Who should look elsewhere
- People who need savings protected from market moves
- Investors who prefer a single product with a fixed return
Skrill
Who it suits
- Expats and travellers who need to hold and send money in several currencies, with 47 available.
- Businesses paying suppliers abroad that want no monthly charge, since the monthly fee is €0.
- People who want help on a stuck transfer, since support covers help centre, email and phone.
Who should look elsewhere
- Readers who convert money often, since AXI Card Tarjeta y Credito charges 0% to convert against 3.99% here.
- People hunting for the lowest exchange cost, who would find XTB's 0.5% conversion fee easier to weigh.
Current offers
Skrill
Current offer
Bonus
Final Score: Up to EUR 10,000 every week
6 matches, 6 predictions; free to play; get all 6 right to win EUR 10,000; log in or register; T&Cs apply
Source, checked September 26, 2026
Country by country
| Country | eToro | Skrill |
|---|---|---|
| Australia | Yes | No |
| Brazil | No | Yes |
| Cyprus | Yes | No |
| Gibraltar | Yes | No |
| Guernsey | Yes | No |
| Ireland | No | Yes |
| Isle of Man | Yes | No |
| Jersey | Yes | No |
8 of 14 countries where either is available.
Questions about each
eToro
What kinds of assets can investors reach?+
Investors can reach shares from many exchanges around the world, along with exchange traded funds and crypto assets. Fractional shares open higher priced companies to smaller purchases. Each holding can be sized around personal goals, with the data and analysis tools offering context for those choices.
Where does the company operate and who holds the accounts?+
The company serves a global community of investors across many markets. Its licences cover key markets, so the local status of an account depends on the country involved. Anyone thinking of investing should confirm which company entity holds their account before depositing money.
Skrill
How much does it cost to keep a Skrill account?+
The monthly fee is €0 and the account is sold as no monthly fee, so holding the wallet costs nothing each month. A bank transfer through Skrill Money Transfer is free, while a transfer to another Skrill wallet takes a fee set on the amount sent and an international transfer can cost more.
What does it cost to change currency?+
Converting between currencies costs 3.99%, and an exchange rate mark-up of 4.99% can apply on international transfers on top. AXI Card Tarjeta y Credito lists 0% for conversion and XTB lists 0.5%, so a wallet holding a single currency costs far less to change.
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