Demo account on eToro There is no need to register separately from the real account. You only need to register once to have an account on this reputable Forex platform and then simply convert your real account to a Demo account to use. The following article will guide you how to effectively convert and use Demo account in trading.
Why should you use a Demo account on eToro?
Demo Account allows you to use the same features and services as if you were trading with a real account. This is how you experience trading and practice your skills in a completely risk-free environment. This is one of the advantages that traders often mention in eToro reviews.
The amount you use to trade is the virtual currency the exchange offers. With an amount of up to 100,000 USD and unlimited trading positions, you will learn many trading methods, how to connect with professional traders, how to activate the trade copy function of a trader or many other traders, how to configure scale parameters of trading, how to use eToro features and tools…
The Demo account is not only useful at the beginning when you are new to trading, it is also a means for you to study and practice new trading strategies to support real money trading. In addition, you also have the opportunity to try copying the activities of other investors in the security of the Demo account. With the above benefits, the Demo account is definitely an indispensable choice for beginners and even experienced traders.
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Instructions for using a Demo account on eToro
To use a Demo account on eToro, you must first register an account on this exchange. If you don't know how to create an account, you can consult our eToro registration guide. After successfully registering an eToro account and confirming your email, log in to your eToro account. Be sure to convert the language to Vietnamese for easy operation and use!
In your personal area, click on the small button below your profile picture and username. This is a radio button that allows you to switch between “Real Portfolio” and “Virtual Portfolio”. In this case, select “Virtual Portfolio” to access your Demo account.
After that, the system will notify you about the change to the virtual portfolio. Click “Go to Virtual Directory” to confirm.
Then you were transferred to your eToro virtual account and received a virtual deposit of 100,000 USD to start trading and testing the features.
Exceptional Demo Account Features on eToro
Using the Demo account, you will discover the outstanding features of this account type. Featured features in this account can be mentioned as:
- Trade Market: Access all the assets you can trade.
- Copy People: Visit the eToro community and discover all traders you copy manually or automatically.
- Invest in Copy Portfolios: Diversify your investment with the eToro CopyPortheadsios feature.
With an eToro Demo account, you are allowed to trade with a secure and private virtual profile, and the eToro community can only view the public profile in the real account portfolio.
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Conclusion
Above are instructions on how to convert and use Demo account on eToro. If you are already proficient in trading and consistently profitable, you can switch to trading on a live account. You can refer to our other articles on this page for more interesting information about the eToro exchange.
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