|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.
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.
If you're already interested to do a test drive of eToro's practice account, you just need to click the button below and you'll be taken to the demo account sign-up page.
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.
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:
|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|
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.
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.
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:
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.
Fact: eToro's demo account does not expire.
And because of that, clients can utilize this feature without any time restrictions.
But 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.
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.
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.
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.
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.
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.
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.
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:
If you’re using the mobile app (iOS and Android), these are the basic steps:
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.
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.
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.
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:
If you're ready to register for a practice account right now with eToro, you can click the button below and you'll be taken to the demo account sign-up page.
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.