Browse all research recordsJSON recordMarkdown record

Research checked 2026-10-14 · Unknown fields require verification.

UK/non-US CFD research scope only. Clause 12.5 places demo/unfunded users with unregulated eToro Group Limited; regulated UK/Europe client protections do not apply until funding. US product excluded.

Virtual funds: $100,000 virtual funds
Advertised starting virtual balance.

Expiry: Requires Verification
A fixed duration or inactivity rule was not established in the reviewed demo page.

View in the interactive finder

Account conditions

Research checked
2026-10-14
Testing status
Not tested
Recorded virtual amount
100000
Recorded currency
USD
Expiry category
unknown
Evidence category
Documentation reviewed
Signup requirements
Create an eToro account, then choose Virtual Portfolio. Demo/unfunded service is with eToro Group Limited, not a regulated UK client account.
Notes and remaining checks
Requires Verification: expiry/inactivity, UK onboarding allocation, detailed fill modelling and simulated costs.
Research region codes
  • UK
Research region code
UK
Research region
United Kingdom
Platform code
web
Product
CFD
Record ID
etoro-web-uk
Broker
eToro
Legal entity
eToro Group Limited (demo); eToro (UK) Limited (live service)
Research scope
Virtual Portfolio for UK CFD research. Demo/unfunded customers belong to eToro Group Limited under UK terms clause 12.5; funded UK service is separate.
Platform
eToro Virtual Portfolio (web)
Documented terms
Virtual Portfolio includes currencies and leveraged CFDs where eligible.
Balance reset or adjustment
Ask Customer Service to adjust the virtual balance; published limits apply.
Live account or deposit
Virtual Portfolio uses virtual funds; funding changes the contractual client relationship.
What the evidence establishes
Demo FAQ and current-linked UK agreement reviewed; no registration or trading test.

Official entry route

Open registration portal

Route type
portal
Notes and remaining checks
Create an account, then switch to Virtual Portfolio. Demo/unfunded customers are with eToro Group Limited; UK live client protection does not yet apply.
Evidence status
Official entry route
Research checked
2026-10-14
Testing status
Not tested

Execution and demo realism

Contractual capacity and execution arrangement are separate. ECN/STP labels do not establish agency. Simulated fills do not verify live execution quality.

Scope
UK live trading service role, with a separate demo operator: eToro Group Limited serves demo/unfunded users. Do not treat a Virtual Portfolio as a regulated UK client account.
Testing status
Not tested
Contractual role
Finding
Agent
Evidence status
Documented
Notes and remaining checks
UK terms clause 3.5 makes eToro UK the live service agent, normally arranging a trade with eToro Europe as counterparty; alternative executing brokers are permitted. This is not a role claim for the demo operator.
Research checked
2026-10-14
Execution arrangement
Finding
UK agency routing to affiliate or other executing broker
Evidence status
Broker-reported
Notes and remaining checks
The UK service ordinarily instructs eToro Europe to enter the trade, with discretion to use another affiliate or external executing broker.
Research checked
2026-10-14
Demo realism
Finding
Simulated trades using live market conditions
Evidence status
Documented
Notes and remaining checks
The FAQ expressly describes simulated trading. Its same-as-live marketing does not verify fills or cost modelling; it also says Virtual Portfolio trades carry no fees.
Research checked
2026-10-14
Research review
Research checked
2026-10-14
Review outcome
Official demo and legal sources reviewed. Live UK agency and separate unregulated demo operator documented. No account opened or trade tested.
Remaining checks
  • Requires Verification: UK residence-to-entity onboarding and CFD availability in the actual Virtual Portfolio.
  • Requires Verification: expiry/inactivity and detailed demo fill/charge behaviour; no live-fill equivalence established.

Demo markets

Scope
UK-resident Virtual Portfolio research; demo/unfunded service under Group Limited, funded UK trading service separate.
Testing status
Not tested
Forex CFDs
Evidence status
Documented
Notes and remaining checks
The Virtual Portfolio page lists currencies and confirms CFD practice. The existing UK record distinguishes Group Limited's demo service from funded UK service. Residence-specific onboarding and exact pair coverage were not tested.
Research checked
2026-10-14
Cryptocurrency CFDs
Evidence status
Retail restricted
Notes and remaining checks
eToro's UK help excludes crypto CFD positions for UK clients and UK residents at its Europe entity; FCA retail restrictions apply. The Virtual Portfolio's generic crypto category does not establish UK crypto CFD demo access, which Requires Verification. Spot crypto is a separate product.
Research checked
2026-10-14

API access

Evidence status
Requires Verification
Type
Requires Verification
Access route
Not established for this offering
Notes and remaining checks
API access has not yet been established for this legal entity and demo platform. This does not mean it is unavailable.
Requirements
Confirm the account, platform and regional requirements with the broker.
Supporting sources

No supporting source recorded for this field.

Official documentation

No supporting source recorded for this field.

Research checked
Requires Verification
Testing status
Not tested

Entity and regulatory research

Requires Verification. No regulatory assessment has been completed for this record; this does not establish that the firm is unregulated.

Reading the evidence

Documentation research, not account or execution testing. Research regions do not establish residence eligibility. Requires Verification is an evidence gap, not proof of unavailability. Source conflicts and product/entity qualifications must remain attached to claims. Demo results do not establish live trading performance.

Official sources

eToro demo account and Virtual Portfolio FAQ

Source owner: Broker

Research checked: 2026-10-14

Source locator: Virtual funds; currencies; FAQ simulated trades and CFDs; reset instructions

Source access note: Official page opened and read; no registration submitted or trading tested.

Source ID: add-etoro-demo

eToro account signup entry

Source owner: Broker

Research checked: 2026-10-14

Source locator: Destination of Open a demo account CTA

Source access note: Followed official demo-page CTA; destination returned no extractable form text. Onboarding not tested.

Source ID: add-etoro-signup

eToro UK Terms and Conditions, August 12, 2026

Source owner: Broker

Research checked: 2026-10-14

Source locator: Clauses 3.1, 3.5 and 12.5; Schedule A CFD scope

Source access note: Current legal index UK link opened and read; demo service and funded UK service distinguished.

Source ID: add-etoro-uk-terms

eToro Virtual Portfolio markets

Source owner: Broker

Research checked: 2026-10-14

Source locator: Currencies market category; FAQ on CFD and leverage access

Source access note: Official source opened and read on 14 October 2026. No account opened or demo trade tested.

Source ID: markets-etoro-demo

eToro UK resident trading limitations

Source owner: Broker

Research checked: 2026-10-14

Source locator: Crypto section: UK and UK-resident Europe clients cannot open crypto CFD positions

Source access note: Official help article substantive text retrieved in search index on 14 October 2026; direct open rendered only help shell. The independent FCA restriction was opened directly.

Source ID: markets-etoro-uk-restrictions

eToro UK Terms and Conditions, 12 August 2026

Source owner: Broker

Research checked: 2026-10-14

Source locator: Clause 12.5: demo or unfunded account service under eToro Group Limited

Source access note: Official source opened and read on 14 October 2026. No account opened or demo trade tested.

Source ID: markets-etoro-uk-terms

FCA Handbook COBS 22.6: retail cryptoasset derivative restrictions

Source owner: Regulator

Research checked: 2026-10-14

Source locator: COBS 22.6.1 and 22.6.5; current section last updated 1 January 2026

Source access note: Official source opened and read on 14 October 2026. No account opened or demo trade tested.

Source ID: markets-uk-fca-crypto