How to open an eToro Demo Account for Practicing
– Top Online Cryptocurrency Courses from $9.99 Get now!
After you sign up for eToro, you will receive a $100,000 virtual money account with which to experiment for free. This service enables you to hone your trading skills at your own pace. With your virtual account, you can:
- Open positions with a variety of assets: crypto, stocks, commodities, etc.
- Experiment with leverage, Stop Loss and Take Profit
- Test different trading strategies
- Practice copy trading
- Invest in CopyPortfolios
- Interact with the eToro community
Especially, the trading environment replicates exactly what you will encounter with an eToro live account, so you easily test the effectiveness of your trading strategy without risking your own fund.
Follow the steps below to use an eToro virtual account for trading practice.
1Log into the eToro platform or create an account for free
2Access the demo account by clicking on the drop-down menu below your profile picture and selecting “Virtual Portfolio”.
Then confirm your selection
Now you can practice trading live markets in real-time without risking any capital.
The only difference with an eToro demo account is that you are free to take all the risks you like. This all comes without the worry of losing any of your own money.
Until you are confident and ready to trade with your own fund, switch back to your live account by selecting “Real portfolio” instead.
To sum up, learning how to get the most out of your eToro demo account is a great starting step for your future trading.
Hence, before trading with eToro real account, you must practice on an eToro demo account first. This process is also straightforward and provides you a chance to test out your trading skills. Then, you can apply the learned theories into practice.
Investiki.com
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.