Introduction

An eToro demo account is a simulated online trading account that will allow you to apply and practice your trading strategies and techniques without any risk of losing real money. This is a great tool particularly if you are a new user who wants to get a feel for the platform and test out your trading skills before trading with real money.

For starters: All traders of eToro who have an active account are also given access to a demo account. That means if you are already registered with this broker then you can immediately use a practice account.

eToro demo account facts infographic
eToro demo account facts infographic

Via this virtual portfolio, users have the liberty to browse through the platform and test its features risk-free since the demo account does not utilize the client's funds.

And speaking of test, here's an extensive review that we've done to further explore eToro's pros and cons.

 

🏷️ Demo Account Name Virtual Portfolio
⏳ Expiration Unlimited
🖥️ Platform Web, iOS, Android
💰 Virtual Fund $100,000
eToro Demo Account Details

Here's the deal: You can open a demo account right now!

78% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

Does eToro Offer a Demo Account?

Yes. eToro provides a demo account to any user who has successfully registered an account.

Take note: There's no need for clients to request for activation of the demo account because this is automatic when a real account has been opened.

Demo Facts

  • It is free to use and does not require any deposit of real money.
  • It is identical to the real trading platform, so you can get a feel for how the platform works and what it looks like before you start trading with actual money.
  • It is funded with a virtual balance of $100,000, which you can use to practice trading various assets.
  • You can use it to test out different trading strategies and see how they perform without the risk of losing real funds.
  • It is a great way for new traders to get familiar with the platform and the various trading tools and features that eToro offers.
  • You can switch between a real account and a demo account at any time, allowing you to easily transition from practicing to trading with real money.
  • It is a useful tool for learning and practicing, but it is important to remember that it is not the same as trading with real money and the performance of your trades in a demo account may not necessarily reflect the performance you would see in a real trading environment.

The $100,000 Virtual Money

So if there's a demo trading account, are you going to use real money? The answer to that is NO.

Since this is a virtual portfolio, it uses a separate virtual money and the account comes pre-loaded with free $100,000 credit.

eToro’s $100,000 virtual fund
eToro’s $100,000 virtual fund

How can you actually use this?
The virtual fund can be used to test out the platform or do practice trading without risking money or capital. Users can request to decrease the virtual balance on the account to as low as $2,000 if preferred.

Here is a screenshot on how the local currency can be changed via the web-based platform:

eToro’s Virtual Portfolio local currency options
eToro’s Virtual Portfolio local currency options

By default, the eToro demo account's currency is in US Dollars but users can have the option to choose from any of the following currencies:

 

North America Europe Asia Pacific Latin America Africa
US Dollar Euro NZ Dollar Mexican Peso South African Rand
Canadian Dollar Pound Sterling Japanese Yen
Swiss Franc Australian Dollar
Norwegian Krone Hong Kong Dollar
Swedish Krona Russian Ruble
Turkish Lira Chinese Yuan
Hungarian Forint Singapore Dollar
Polish Zloty
Czech Koruna
Romanian Leu
eToro demo account supported currencies grouped according to region

Take note:
When another currency is selected, the $100,000 virtual fund will be converted to the chosen currency. The virtual fund's value may fluctuate because it changes in real time based on the current exchange.

For example:
If you chose Euros, the $100,000 demo fund will be converted to €82,587.50 based on the exchange rate of 1 USD = 1 EUR.

Validity and Expiration

Fact: eToro's demo account does not expire.

Since it does not have a specific expiration date, you can use it for as long as you like. However, it is recommended that you use the demo account as a learning and practice tool, rather than relying on it as a long-term trading solution.

Additionally, it is worth noting that the virtual balance in your demo account may eventually run out. This means that you may need to refill this balance if you want to continue practicing your trades.

Adding Virtual Funds

What if the virtual equity has reached $0? What happens next? Once the virtual funds have all been used up, you will need to contact the customer support team and request for it to be topped up with your desired amount.

You can do this by opening a ticket on eToro's Customer Service Center page and inform them the amount that you would like to top-up to your virtual portfolio. A maximum of $100,000 additional virtual money can be credited to the demo account.

In general, demo account top-ups are usually allowed but this request is still subject for approval.

Reducing Virtual Funds

You can also ask to reduce the funds in your virtual account if that's your preference. This request can be done by sending a ticket to the customer support department and indicating the specific virtual fund amount that you'd like to keep. Take note that you are only allowed to reduce the demo funds to as low as $2,000.

Can You Reset the Demo Account?

Resetting an eToro demo account including the trading history and stats is not possible.

This broker doesn't offer the option to restart the virtual portfolio like a new one because it is linked directly the real portfolio.

Alternative option: new account
The only other option is to just open another eToro account but with a different username and email address as this will create a new virtual portfolio as well that has no trading history and stats, and will have the initial $100,000 virtual equity.

The Mobile App Version

eToro's demo account is also accessible via their mobile apps for iOS (iPhone and iPad) and Android.

eToro mobile app in Virtual Portfolio mode
eToro mobile app in Virtual Portfolio mode

What's the difference?
The demo features on the web-based version is similar to the mobile app version and the only difference is that the interface has been adjusted for smaller screens.

eToro Demo Account Login

The login for the eToro demo account is the same as the login for the real account or real portfolio.

When accessing the web-based platform, go to www.etoro.com/login to log in.

eToro login page
eToro login page

For eToro iOS and Android users, open the app and enter the login credentials (username or email and password).

eToro mobile app login screen
eToro mobile app login screen

Here's an alternative:
You can also log in via Apple ID, Facebook or Google if your account has been linked to the eToro account.

Alternative sign-in options for eToro’s virtual and real portfolio
Alternative sign-in options for eToro’s virtual and real portfolio

Is There a Basic Platform Demo?

There is no actual "platform demo" or sample interface which can be accessed by non-registered users.

The closest alternative to this is the standard demo account or "virtual portfolio" which requires a user to be registered with eToro and is logged in to the platform to be able to access this feature.

Can You Trade Real-Time Stocks on eToro's Demo?

Yes. eToro's virtual portfolio displays live quotes and there's no difference on the prices of stocks and other instruments that are shown on the real portfolio.

If you will open the platform in demo mode, you will notice that the instrument prices are changing and the values are based in real-time market data.

Real-time market prices displayed on eToro’s demo account
Real-time market prices displayed on eToro’s demo account

Method of Accessing

So how do you access the demo account? Here are the basic steps to follow in order to get into the eToro demo account:

If you’re using the web-based platform, follow these steps:

  1. Log in to the eToro platform.
    eToro login page
    eToro login page
  2. Once the platform has loaded, find the dropdown menu below the username and switch from "Real Portfolio" to "Virtual Portfolio".
    Switching to Virtual Portfolio in eToro's platform
    Switching to Virtual Portfolio in eToro's platform
  3. A pop-up will appear notifying that the account will be switching to the Virtual Portfolio. Click the "Go to Virtual Portfolio" button.
    eToro Virtual Portfolio switch notification
    eToro Virtual Portfolio switch notification
  4. The account is now in demo or practice mode.
    eToro web-based platform in Virtual Portfolio mode
    eToro web-based platform in Virtual Portfolio mode

If you’re using the mobile app (iOS and Android), these are the basic steps:

  1. Log in to the eToro app.
    eToro mobile app login screen
    eToro mobile app login screen
  2. Once the platform has loaded, find the dropdown menu below the username and switch from "Real Portfolio" to "Virtual Portfolio".
    Switching to Virtual Portfolio in eToro mobile app
    Switching to Virtual Portfolio in eToro mobile app
  3. A pop-up will appear notifying that the account will be switching to the Virtual Portfolio. Click the "Go to Virtual Portfolio" button.
    eToro mobile app Virtual Portfolio switch notification
    eToro mobile app Virtual Portfolio switch notification
  4. The account is now in demo or practice mode.
    eToro mobile app in Virtual Portfolio mode
    eToro mobile app in Virtual Portfolio mode

Demo Account for UK Traders

eToro traders who are based in the UK can access the demo account just like any eToro client from another country.

There are no specific instructions for British clients and they can login to their virtual portfolio via the web-based platform or the mobile apps.

How About the Demo Account for Traders From Other Countries?

The same thing applies for eToro traders who are based in any country such as Australia, Austria, Bahrain, Denmark, Finland, France, Germany, Saudi Arabia, Spain, Switzerland, United Arab Emirates and other countries they support.

eToro Fact

A Demo Requires an Active Account - Did You Know?

As long as you are an eToro client, you can access the virtual portfolio through their web-based platform or the mobile apps.

How to Practice in Demo Mode?

Users in demo mode can use the virtual funds to practice trading on the eToro platform.

Via the virtual portfolio, clients can follow and copy other traders or execute trades on their own for training.

How Do You Copy Trade Using eToro Demo Account?

The steps in copying a trade via eToro’s demo account is the same as how it is done via the live account.

To copy a trade in practice mode, follow these steps:

  1. Open the eToro web-based platform or mobile app and login to the account.
    eToro login page
    eToro login page
  2. Once the platform has loaded, locate the dropdown menu below the username and switch it to "Virtual Portfolio".
    Switching to Virtual Portfolio in eToro's platform
    Switching to Virtual Portfolio in eToro's platform
  3. This will open a pop-up with a notification that the account will switch to the Virtual Portfolio. Click the "Go to Virtual Portfolio" button to proceed.
    eToro Virtual Portfolio switch notification
    eToro Virtual Portfolio switch notification
  4. The platform will now be in demo mode. Click "Discover".
    Clicking "Discover" on eToro
    Clicking "Discover" on eToro
  5. Scroll down and until you see the "Copy Top Investors" section. Click on the "View All" button.
    'Viewing all investors in the eToro platform
    Viewing all investors in the eToro platform
  6. The platform will load a list of investors and a summary of their portfolios. Browse through these users and choose your preferred eToro trader by clicking on his or her profile.
    eToro's Copy People page in demo mode
    eToro's Copy People page in demo mode
  7. Once you have decided to copy a user’s trade, click on that user's "Copy" button and configure the trade amount.
    Copying a trader in eToro in demo mode
    Copying a trader in eToro in demo mode
  8. After configuring the trade settings, click on the "Copy" button and wait for the trading results.
Learn

eToro Demo Video

eToro Frequently Asked Questions (FAQ)

Below are commonly asked questions about eToro's demo account the relevant answers.


Is the eToro Demo Free?

eToro's demo trading account is free and can be accessed by any user of eToro who has an active account.

There are no prior requirements for a user to be eligible for the virtual portfolio because this is an unrestricted feature.

Remember: One does not have to make a deposit in order to use the demo. Using the live account or real portfolio for trading however will require a deposit.

Can I Switch Between a Real and a Demo Account on eToro?

Yes, you can switch between a real and a demo account on eToro. If you already have a real account on eToro, you can switch to a demo account by logging into your account and selecting the "Virtual Portfolio" option from the main menu. This will allow you to access your demo account and start practicing your trading skills without risking any real money.

If you don't have a real account on eToro yet, you can open a demo account by going to the eToro website and clicking on the "Try Demo Account" button. This will take you to a sign-up page where you can enter your personal details and create a demo account. Once you have completed the sign-up process, you will be able to access your demo account and start practicing your trading skills.

Overall, switching between a real and a demo account on eToro is a simple and straightforward process that allows you to test out the platform and its features without risking any real money.

How Is an eToro Demo Account Different from a Real Account?

An eToro demo account is different from a real account in several key ways. The main difference is that a demo account allows you to practice your trading skills without risking any real money. This is because a demo account is funded with virtual money, which you can use to make trades and test out different trading strategies without any financial risk.

Another key difference between a demo and a real account on eToro is the level of access to the platform's features. A demo account allows you to access most of the same features as a real account, including the ability to trade a wide range of assets, copy other traders, and use the eToro trading platform. However, some advanced features may not be available on a demo account, such as certain trading tools or the ability to trade on margin.

Overall, a demo account on eToro is a useful tool for practicing your trading skills and testing out different strategies without risking any real money. It is a good way to familiarize yourself with the eToro platform and its features before you start trading with real money.

Can I Fund an eToro Demo Account with Virtual Money?

Yes, you can fund an eToro demo account with virtual money. When you create a demo account on eToro, it will automatically be funded with a certain amount of virtual money that you can use to practice your trading skills and test out different trading strategies. This virtual money is not real and cannot be withdrawn or traded for real money. It is simply a tool that allows you to practice your trading skills without any financial risk.

You can use the virtual money in your demo account to make trades on a wide range of assets, including stocks, currencies, commodities, and more. You can also use the eToro trading platform to access a variety of trading tools and features, such as the ability to copy other traders or use the platform's social trading features.

Overall, the ability to fund your eToro demo account with virtual money is a valuable feature that allows you to practice your trading skills and test out different strategies without risking any real money. This can be a valuable learning experience for anyone who is new to trading or wants to improve their skills without any financial risk.

Can I Lose Real Money on an eToro Demo Account?

No, you cannot lose real money on an eToro demo account. A demo account on eToro is funded with virtual money, which is not real and cannot be traded for real money. This means that you can use your demo account to practice your trading skills and test out different strategies without any financial risk.

How to Open a Demo Account?

So how to get a demo account in eToro and what are the steps involved?

This can be done via the regular registration process so you are basically signing up for an eToro account:

Signing up via the website:

  1. Open a web browser and enter www.etoro.com on the address bar. This will load the homepage.
    eToro homepage
    eToro homepage
  2. Click on the "Join Now" button. This will open the eToro registration page.
    eToro registration page
    eToro registration page
  3. Enter your preferred username and password and the email address that you would like to use for this account and then click the "Create Account" button.
    eToro registration form
    eToro registration form
  4. Once the registration process is completed, the demo account will also be activated.

Signing up via the mobile app:

  1. Open the eToro mobile app and click on "Sign Up". This will open the eToro registration screen.
    Sign up link on eToro mobile app
    Sign up link on eToro mobile app
  2. Enter your preferred username and password and the email address that you would like to use for this account and then click the "Create Account" button.
    eToro mobile app registration screen
    eToro mobile app registration screen
  3. Once the registration process is completed, the demo account will also be activated.

Ready to test eToro's demo account?


eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.

Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 78% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.

Past performance is not an indication of future results. Trading history presented is less than 5 complete years and may not suffice as basis for investment decision.

Copy trading is a portfolio management service, provided by eToro (Europe) Ltd., which is authorised and regulated by the Cyprus Securities and Exchange Commission.

Cryptoasset investing is unregulated in some EU countries and the UK. No consumer protection. Your capital is at risk.

eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.

VISIT ETORO 78% of retail CFD accounts lose money