{
  "schemaVersion": 1,
  "kind": "demoOffering",
  "id": "etoro-web-uk",
  "urls": {
    "html": "/demo-accounts/etoro-web-uk.html",
    "json": "/demo-accounts/etoro-web-uk.json",
    "markdown": "/demo-accounts/etoro-web-uk.md"
  },
  "policy": "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.",
  "record": {
    "checked": "2026-10-14",
    "tested": false,
    "funds": 100000,
    "currency": "USD",
    "fundsLabel": "$100,000 virtual funds",
    "fundsNote": "Advertised starting virtual balance.",
    "expiryType": "unknown",
    "expiry": "Requires Verification",
    "expiryNote": "A fixed duration or inactivity rule was not established in the reviewed demo page.",
    "evidence": "documented",
    "signup": "Create an eToro account, then choose Virtual Portfolio. Demo/unfunded service is with eToro Group Limited, not a regulated UK client account.",
    "note": "Requires Verification: expiry/inactivity, UK onboarding allocation, detailed fill modelling and simulated costs.",
    "regions": [
      "UK"
    ],
    "region": "UK",
    "regionLabel": "United Kingdom",
    "platform": "web",
    "product": "CFD",
    "regulation": null,
    "id": "etoro-web-uk",
    "broker": "eToro",
    "entity": "eToro Group Limited (demo); eToro (UK) Limited (live service)",
    "researchScope": "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.",
    "platformLabel": "eToro Virtual Portfolio (web)",
    "terms": "Virtual Portfolio includes currencies and leveraged CFDs where eligible.",
    "fundingReset": "Ask Customer Service to adjust the virtual balance; published limits apply.",
    "deposit": "Virtual Portfolio uses virtual funds; funding changes the contractual client relationship.",
    "evidenceNote": "Demo FAQ and current-linked UK agreement reviewed; no registration or trading test.",
    "eligibility": "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.",
    "sources": [
      "add-etoro-demo",
      "add-etoro-legal",
      "add-etoro-uk-terms",
      "add-etoro-signup"
    ],
    "visit": "add-etoro-demo",
    "signupLink": {
      "kind": "portal",
      "note": "Create an account, then switch to Virtual Portfolio. Demo/unfunded customers are with eToro Group Limited; UK live client protection does not yet apply.",
      "status": "Official entry route",
      "url": "https://www.etoro.com/accounts/sign-up",
      "sourceUrl": "https://www.etoro.com/trading/demo-account/",
      "checked": "2026-10-14",
      "tested": false
    },
    "execution": {
      "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.",
      "tested": false,
      "role": {
        "value": "Agent",
        "status": "Documented",
        "note": "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.",
        "sources": [
          "add-etoro-uk-terms"
        ],
        "checked": "2026-10-14"
      },
      "arrangement": {
        "value": "UK agency routing to affiliate or other executing broker",
        "status": "Broker-reported",
        "note": "The UK service ordinarily instructs eToro Europe to enter the trade, with discretion to use another affiliate or external executing broker.",
        "sources": [
          "add-etoro-uk-terms"
        ],
        "checked": "2026-10-14"
      },
      "demo": {
        "value": "Simulated trades using live market conditions",
        "status": "Documented",
        "note": "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.",
        "sources": [
          "add-etoro-demo"
        ],
        "checked": "2026-10-14"
      },
      "review": {
        "checked": "2026-10-14",
        "outcome": "Official demo and legal sources reviewed. Live UK agency and separate unregulated demo operator documented. No account opened or trade tested.",
        "remainingChecks": [
          "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."
        ]
      }
    },
    "markets": {
      "scope": "UK-resident Virtual Portfolio research; demo/unfunded service under Group Limited, funded UK trading service separate.",
      "tested": false,
      "forexCfd": {
        "status": "Documented",
        "note": "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.",
        "sources": [
          "markets-etoro-demo",
          "markets-etoro-uk-terms"
        ],
        "checked": "2026-10-14"
      },
      "cryptoCfd": {
        "status": "Retail restricted",
        "note": "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.",
        "sources": [
          "markets-etoro-uk-restrictions",
          "markets-etoro-demo",
          "markets-uk-fca-crypto"
        ],
        "checked": "2026-10-14"
      }
    },
    "api": {
      "status": "Requires Verification",
      "type": null,
      "route": "Not established for this offering",
      "note": "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.",
      "sources": [],
      "docs": [],
      "checked": null,
      "tested": false
    }
  },
  "sources": {
    "add-etoro-demo": {
      "title": "eToro demo account and Virtual Portfolio FAQ",
      "url": "https://www.etoro.com/trading/demo-account/",
      "owner": "Broker",
      "checked": "2026-10-14",
      "locator": "Virtual funds; currencies; FAQ simulated trades and CFDs; reset instructions",
      "access": "Official page opened and read; no registration submitted or trading tested."
    },
    "add-etoro-legal": {
      "title": "eToro entity terms and conditions index",
      "url": "https://www.etoro.com/customer-service/terms-conditions/",
      "owner": "Broker",
      "checked": "2026-10-14",
      "locator": "UK Terms and Conditions link",
      "access": "Official page opened and read; no registration submitted or trading tested."
    },
    "add-etoro-signup": {
      "title": "eToro account signup entry",
      "url": "https://www.etoro.com/accounts/sign-up",
      "owner": "Broker",
      "checked": "2026-10-14",
      "locator": "Destination of Open a demo account CTA",
      "access": "Followed official demo-page CTA; destination returned no extractable form text. Onboarding not tested."
    },
    "add-etoro-uk-terms": {
      "title": "eToro UK Terms and Conditions, August 12, 2026",
      "url": "https://www.etoro.com/wp-content/uploads/2026/03/etoro_UK_TnC_Publication_2026-08-12_Clean-1-1.pdf",
      "owner": "Broker",
      "checked": "2026-10-14",
      "locator": "Clauses 3.1, 3.5 and 12.5; Schedule A CFD scope",
      "access": "Current legal index UK link opened and read; demo service and funded UK service distinguished."
    },
    "markets-etoro-demo": {
      "title": "eToro Virtual Portfolio markets",
      "url": "https://www.etoro.com/trading/demo-account/",
      "owner": "Broker",
      "checked": "2026-10-14",
      "locator": "Currencies market category; FAQ on CFD and leverage access",
      "access": "Official source opened and read on 14 October 2026. No account opened or demo trade tested."
    },
    "markets-etoro-uk-restrictions": {
      "title": "eToro UK resident trading limitations",
      "url": "https://help.etoro.com/s/article/What-is-the-eToro-trading-experience-for-UK-residents?language=en_GB",
      "owner": "Broker",
      "checked": "2026-10-14",
      "locator": "Crypto section: UK and UK-resident Europe clients cannot open crypto CFD positions",
      "access": "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."
    },
    "markets-etoro-uk-terms": {
      "title": "eToro UK Terms and Conditions, 12 August 2026",
      "url": "https://www.etoro.com/wp-content/uploads/2026/03/etoro_UK_TnC_Publication_2026-08-12_Clean-1-1.pdf",
      "owner": "Broker",
      "checked": "2026-10-14",
      "locator": "Clause 12.5: demo or unfunded account service under eToro Group Limited",
      "access": "Official source opened and read on 14 October 2026. No account opened or demo trade tested."
    },
    "markets-uk-fca-crypto": {
      "title": "FCA Handbook COBS 22.6: retail cryptoasset derivative restrictions",
      "url": "https://handbook.fca.org.uk/handbook/cobs22/cobs22s6",
      "owner": "Regulator",
      "checked": "2026-10-14",
      "locator": "COBS 22.6.1 and 22.6.5; current section last updated 1 January 2026",
      "access": "Official source opened and read on 14 October 2026. No account opened or demo trade tested."
    }
  }
}