Can I Practice Cryptocurrency Trading on eToro Demo?

Written by Mike Druttman

Reviewed by Nadav Zelver

Yes, eToro offers a demo account that allows you to practice cryptocurrency trading without risking real money.

This demo feature is particularly beneficial for beginners who want to familiarize themselves with the platform and develop their trading strategies.

This virtual account from eToro provides a simulated trading environment where you can trade various cryptocurrencies using virtual funds. This setup allows you to gain practical experience and confidence before transitioning to live trading.

To get started, you'll need to create an account on eToro. During the registration process, you might be required to complete a Trading Knowledge Assessment. This assessment checks that you have at least a basic understanding of trading concepts and the risks involved. Once your account is set up, you can switch between the demo and real trading modes as needed.

And did you know?

Using this demo account is the perfect way to practice crypto trading without any risks. The account comes with $100,000 virtual funds which you can use to test different strategies. I suggest that you take advantage of this and once you become comfortable with the platform's features, then you should go for live trading.