Having an Etoro demo account comes with the benefit of not being afraid to make mistakes whilst getting familiar with the platform.
On this page, I explain how to get one if you do not have one yet. I also show how to use your etoro demo account if you do have one.
1. I do not have an Etoro account yet
Not to worry, I wrote a specific guide on how to start creating an account at Etoro that you can follow.
Alternatively, you can use the below link to visit Etoro and create one without my guide.
| Broker name | Type | Review | Rating | Broker site |
|---|---|---|---|---|
| Etoro | Investor & Trader | Link | 4.6 | Visit broker |
*eToro is a multi-asset investment platform. The value of your investments may go up or down. Your
capital is at risk.
2. I already have an Etoro account
That’s great! In that case, simply log in to your account and click the ‘switch to Virtual’ button on the bottom left side of your screen. A confirmation should show up confirming you will now be taken to the demo environment:
Do not worry about using this link, as you can switch back to your ‘real’ account at any time.
You will know you are in the virtual environment (demo account) when the bottom of your screen shows a 100K USD cash balance and the ‘Switch to virtual’ link has been changed for a ‘Switch to real’ link:
3. Ready to demo Etoro
From here you can go to ‘Discover’ and place some demo trades carefree. This is perfect to test out strategies, get to know the platform & start copy trading without risking any of your hard-earned money.
3.1 Demo copy trading
In ‘discover’ mode you get to pick copy traders that fit your strategy. You can directly choose from the top earners shown & start copying them.
*Past performance is not an indication of future results.
Alternatively, you can click ‘view all’ to select copy traders based on country, product, gain & timeframe:
*Past performance is not an indication of future results.
Now simply hit copy on any of the copy traders you believe fits your strategy & choose the following:
- The total amount you wish to invest. Remember, you are in Etoro’s demo account. Feel free to test different amounts.
- Your stop loss. At what amount should all trades be sold, if it should drop that low? This can be between 5% and 95% and depends on your risk tolerance.
- Copy this investor’s current trades (current portfolio) or only new trades from now on.
Then click ‘Invest’ and you are now copy-trading someone else’s activity.
*Past performance is not an indication of future results.
3.2 Demo smart portfolios
Another option to invest with Etoro is through smart portfolios. You can demo this experience as well by navigating to ‘discover’ once more.
This time, we will select ‘view all’ on the smart portfolio section.
*Past performance is not an indication of future results.
For this example, I picked the gold portfolio which is a golden standard to hedge inflation. Pun intended!
In the below view, you can analyze the overall performance, and key statistics, see the portfolio’s underlying assets & use charts to derive patterns.
*Past performance is not an indication of future results.
3.3 Demo community trading
A third option to get familiar with using your Etoro demo account, is community choice.
We once again start at ‘Discover’ but scroll down until we see ‘community choice’ and click on ‘see all’.
*Past performance is not an indication of future results.
We then get a long list of instruments with the daily price change, buy & sell exact price, 52-week high and low plus overall sentiment.
Although it’s no guarantee that instruments bought by many perform well, it can be a good start when testing out the platform functionality in the demo state.
*Past performance is not an indication of future results.
I feel ready to invest
You have unlimited time & fake money to use, test, and learn from with your own personal etoro demo account.
This is extremely valuable to use until you feel comfortable starting for real.
Once you do, simply switch back to the real Etoro account environment & fund your account.
| Broker name | Type | Review | Rating | Broker site |
|---|---|---|---|---|
| Etoro | Investor & Trader | Link | 4.6 | Visit broker |
*eToro is a multi-asset investment platform. The value of your investments may go up or down. Your
capital is at risk.
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. 81% 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 does not amount to investment advice. The value of your investments may go up or down.
Your capital is at risk.
Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection.
Tax on profits may apply.
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.