Admiral Markets stops $ deposits, withdrawals via Skrill

Admiral Markets stops $ deposits, withdrawals via Skrill

- in All News, Featured News, Forex Brokers
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It appears that the forex broker Admiral Markets has changed its mind regarding the Skrill payment system yet again.

After initially announcing it is discontinuing support for Skrill and Neteller as payment options in July, then restoring the service in August, now Admiral Markets announced it has stopped processing deposits and withdrawals via Skrill. The broker cannot state how long the change will last, but it seems it is a temporary measure.

According to the broker, all deposits made through Skrill before October 18, 2016 will be returned to the source, i.e. the sender’s Skrill wallet. Withdrawn funds will also be sent to the Skrill accounts.

Admiral Markets offers several other deposit options: Neteller, bank deposit (takes 1-3 business days to go through) and the instant German payment service SOFORT, available for clients in Germany, Austria, Belgium, France, the Netherlands, the UK, Italy, Spain, Poland, Hungary, Slovakia, Czech Republic. Another option is credit card, for a small fee. The UK branch of Admiral Markets also accepts deposits via PayPal.

Withdrawal is available through Neteller and bank transfers.

Admiral Markets is an online trading provider, offering trading in forex and CFDs on stocks, indices, precious metals and energy and is regulated by UK’s Financial Conduct Authority (FCA). It offers several types of account, with minimum deposit requirement starting from $250 and leverage of up to 1:500.

The company also has an Estoniabased sister company, Admiral Markets AS, which is a white label provider regulated by the Estonian Financial Supervision Authority (EFSA). The Admiral Markets group also consists of Australia-regulated Admiral Markets Pty and Cyprus-regulated Admiralex.

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