eToro Demo Account

Wikitoro is not an official wiki of eToro. The purpose of this website is to share knowledge and any other information that might be relevant for traders and interested users.

For starters: All clients 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.

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

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.

67% 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.

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.

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:

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:

eToro demo account supported currencies grouped according to region

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

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.

Signing Up for a Demo Account: The Process

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

2. Click on the "Join Now" button. This will open the 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

   
   
   
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

   
   
   
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

   
   
   
3. Once the registration process is completed, the demo account will also be activated.

The Demo Account: It's 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.

Validity and Expiration

Fact: eToro's demo account does not expire.

And because of that, clients can utilize this feature without any time restrictions.

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.

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.

The Mobile App Version

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

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.

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

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.

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.

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

   
   
   
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

   
   
   
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

   
   
   
4. The account is now in demo or practice 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

   
   
   
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

   
   
   
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

   
   
   
4. The account is now in demo or practice 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.

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

   
   
   
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

   
   
   
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

   
   
   
4. The platform will now be in demo mode. Click on "Copy People" from the menu.
   
   
   

   "Copy People" link in eToro’s platform

   
   
   
5. 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

   
   
   
6. 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

   
   
   
7. After configuring the trade settings, click on the "Copy" button and wait for the trading results.

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. 67% 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.

Cryptoassets are volatile instruments which can fluctuate widely in a very short timeframe and therefore are not appropriate for all investors. Other than via CFDs, trading cryptoassets is unregulated and therefore is not supervised by any EU regulatory framework.

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.