Yes, it does. What’s more, it doesn’t matter what country you’re based in. Skrill deposits are instant and eToro supports deposits via this e-wallet in USD, GBP, EUR, and AUD. There is a $10,000 deposit limit of this method. You don’t need more than an active Skrill account with a sufficient balance. Your funds don’t have to be in the actual balance either. They can be available on a bank card linked to your Skrill account.
eToro charges a conversion fee if your account is denominated in a currency that’s different from the default one in USD. This fee will be deducted when you withdraw. The exact amount depends on your account currency. It is calculated in pips.
Likewise, the amount you withdraw determines the spread fee. The broker charges $5 per withdrawal. In general, eToro’s fees are relatively low. The broker offers a large number of payment methods to users. The minimum deposit required is set at $200, EUR 200, or 200 units of some other currencies. The list is available at eToro’s site.
Steps to make a deposit
Go to Deposit Funds and click on Skrill under the methods of payment. After that, decide how much you want to deposit. Then, press Continue. You’ll be redirected to the login page, where you enter your login information. After having the transaction verified, you click on Pay. Skrill transfers are near instant. Most users report they see the funds in their account immediately. If the transaction fails, you’ll receive notification by email.
Apart from Skrill, there are many deposit methods available. The most popular one is still bank transfer. There’s also WebMoney, Neteller, Sofort, Rapid Transfer, UnionPay, debit cards, and credit cards. Users can deposit funds as soon as they open a trading account. You must wait for the broker to verify your account before you start trading. eToro also has a demo account with virtual funds, which you can use to learn the ropes before wagering real funds.