eToro Demo

Detailed guide about eToro's demo account and how to open one

68% of retail CFD accounts lose money

9.7

Total Score

9.3

Minimum Deposit

9.5

Platforms

9.4

Tradable Assets

9.6

Payment Methods

9.7

Withdrawal Processing Time

9.5

Spreads

9.8

Customer Support

9.6

Education

The eToro demo account provides traders a platform where they can develop trading strategies risk free with the use virtual money and build a practice portfolio. The demo or the virtual account replicates the exact market conditions and features of the real trading account. It also gives traders access to a variety of real-world assets such as stocks, commodities, cryptocurrencies and more.

The practice account is one of the best ways to try out the platform risk-free. Opening one is fast and quick!
68% of retail CFD acc... 68% of retail CFD accounts lose money

While this was developed for beginner traders to hone their trading skills, even experienced investors are finding good use of the demo account because it adds to their knowledge about market trading. Plus, it is very easy to switch from the real eToro account to the demo account.

eToro demo account
eToro demo account

How to Set-up an eToro Demo Account?

Setting up an eToro account is very easy. Simply follow these steps:

  1. Log in to your eToro account
  2. On the dashboard's menu located below your name, click "Switch to Virtual".
  3. Access real-world market to start practicing and honing your trading skills without risking your real money.

Remember: You just need to click “Switch to Real" when switching back to your real account and do the same by selecting "Switch to Virtual" to go back to your demo account.

Switching to Virtual Portfolio

How Much Virtual Money Can You Use in eToro's Demo Account?

eToro provides users with a virtual money of $100,000. These funds don't expire and can be used any time you want to trade in practice mode.

Can You Use a Demo Account Virtual Money in Other Currency?

Yes. Although by default, eToro's virtual money is preloaded in US dollars, you can exchange it to a currency of your choice. Here are the available virtual money currencies other than the US Dollar:

Remember: Even though it’s a virtual money, it also follows real-time exchange rates.

Is It Possible to Increase the Demo Account's Virtual Money?

Virtual funds of $100,000 are automatically credited to a newly opened eToro account.

You can request for additional virtual money by opening a ticket with Customer Service. Just indicate how much you would like to add. eToro can add up to $100,000 to a virtual fund. Additionally, eToro can also remove virtual funds from your account, at your own request, down to a minimum of $2,000.

Benefits of Practicing with a Demo Accountt

Aside from improving your trading skills and developing an effective strategy, you can also quickly learn the following:

eToro Features You Can Study While Using the Demo Account

Here are the main features of eToro that you must explore using the demo account.

Remember: eToro CopyPortfolios is described by eToro’s Founder and CEO Yoni Assia as:

A unique investment instrument, which allows you to invest in a group of assets, bundled together according to different market strategies.

How Many and Which Financial Instruments I Can Trade Using the eToro Demo Account?

Similar to when you're using your Real Account, you will also have access to more than 3,000 financial instruments from different world markets on your demo account. These includes stocks, commodities, crypto, forex, ETFs and Indices.

Financial instruments in eToro's demo account
Financial instruments in eToro's demo account

Does the Demo Account Also Display Real-time Market Conditions?

Yes. When using your demo account, you will be trading in the same market conditions and environment as when using your real account. The only difference is you won't be risking any real money.

Are CFD Trading and Leverage Possible in the Virtual / Demo Account?

Yes. CFD trading and leverage functions the same in both the demo and real account.

Is Resetting a Demo Account Possible?

No, you cannot reset your demo account including your trading stats and history.

Now that you know everything about eToro's demo account, it's about time that you open one so you can start practicing!
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. 68% 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.