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ETORO DEMO ACCOUNT GUIDE AND OVERVIEW
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ETORO DEMO ACCOUNT GUIDE AND OVERVIEW
eToro Demo account is a great way to experience how online trading works without risking any of your hard-earned savings. Once you open the account you’ll be awarded $100,000 of virtual cash, which you can invest in any asset available on the platform.To get more news about eToro Demo Account, you can visit wikifx.com official website.
After you invest in the virtual assets, you'll be able to track the success of your portfolio and determine if online trading is for you. To help you get started, in this eToro demo account article we will explain:
Opening an eToro Demo account is a relatively simple affair. All you need is an email and 5 minutes of your time. No credit card data is required.Step 1: Visit eToro's website
Step 2: Click the “JOIN NOW” button and complete the registration process
Once you are there, all you need is to click the “JOIN NOW” button in the top right corner.Once you do that, you will be sent an email from eToro to the email address you provided.Now all you have to do is log into your email account and confirm the email by clicking on the “Verify Your Email” green button.
STEP 3: Switch to Virtual Portfolio
This will take you straight to eToro's online platform.However, there's one more step before you can start your virtual trading journey.To do this, click on the “REAL” green text below your profile picture and choose “Virtual Portfolio” and then just click “Go to Virtual Portfolio”
STEP 4: Get to know the platform
Viola! Now you are using eToro's online platform and you can start experimenting. However, it's worth having a look at the basic features of the platform before making your first virtual trade.
Watchlist — this is a list of assets you follow but you may or may not virtually own them. You can freely remove or add them to your watchlist. eToro creates a watchlist of the most popular assets automatically for you.
Portfolio — this is a list of assets that you virtually bought. Here you can track your profits and losses. Once you buy an asset it will be added to your portfolio, and once you sell it, it will be removed.
Copy people — eToro is one of the brokers that popularized copy trading. This button lets you review and choose traders to copy.
Available funds — they represent the virtual money that you haven't spent on any asset, or in other words, you did not invest it yet.
Total allocated funds — this is the total amount of the virtual $100,000 you received that you invested in anything on the platform.
Profit — this is how much virtual money you would make or lose if you would sell all assets immediately.
Virtual Equity — this is the sum of Available funds, Total allocated funds, and Profit. In other words, that's the amount of virtual $ you would have if you would sell all assets.