Wikitoro author Mike Druttman
Written by Mike Druttman
Wikitoro reviewer Nadav Zelver
Reviewed by Nadav Zelver

Sure, opening an eToro account is easy. But managing it effectively? That’s where most traders hit a few snags. Whether you're setting things up for the first time or figuring out how to shut it down later, there's more under the hood than meets the eye.

Here, I'll talk about the different account types on eToro and will also give you a few no-nonsense tips to get the most out of your setup.

Open your eToro account

61% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

 

eToro account details
👤 Account Types Personal (Retail), Professional, Corporate
🖥️ Demo Account ✔️
☪️ Islamic Account ✔️
👑 Club Tier Levels Silver, Gold, Platinum, Platinum+, Diamond

 

💻 Demo Account: Test Drive with the Virtual Portfolio

Not quite ready to trade with real money? No problem. eToro’s demo account called the “Virtual Portfolio” gives you $100,000 in virtual funds to play with. It’s a fully simulated environment that mirrors the live market, so you can test strategies without the stress of losing cash.

eToro's demo account (aka "Virtual Portfolio")
eToro's demo account (aka "Virtual Portfolio")

If you’re just starting out, this is where you should begin. It’s a safe way to get used to the platform, experiment with trades, and build confidence before jumping into the real-money pool.

 

🔐 Accessing Your Account

Need access to your eToro account? Just head to the login page (whether on desktop or mobile) and enter the following:

  • Username or Email – Either one works, as long as it's linked to your account.
  • Password – Use the secure password you created during sign-up.
eToro's login page
eToro's login page

Now this one's a no-brainer. The login process is clean and quick, whether you're on the app or browser.

 

☪️ Islamic Account: A Halal-Friendly Option

If you're a Muslim trader, there’s a tailored solution: the eToro Islamic account.

This version is interest-free, following the rules of Sharia law. That means no “Riba”, so no interest paid or earned.

What's really notable here is the effort to respect faith-based trading values. It’s a halal setup that offers peace of mind while using a modern platform.

 

⭐ The eToro Club: Exclusive Perks for Serious Traders

Think of the eToro Club as your reward system for being an active trader. It’s built for users who stick around, trade often, and keep their equity up. The more you trade, the more you get back.

We’re talking about benefits like lower fees, invites to exclusive events, and access to priority support. And it all scales with your activity.

The eToro Club dashboard
The eToro Club dashboard

The club has five levels:

  1. Silver
  2. Gold
  3. Platinum
  4. Platinum+
  5. Diamond

Here’s the good news: There’s nothing to apply for. As soon as your account hits the minimum equity for Silver, you’re in. From there, the perks start stacking.

 

Basically, these are the important things I’ve seen while using eToro accounts myself. The setup is simple, and switching between account types or learning what each one offers doesn’t take long, even if you’re just starting out.

Now that you’ve got a clearer view of how the different accounts work and what they bring to the table, you’re in a strong position to make the most out of your time on the platform, regardless if you're accessing it via your web browser or the mobile app.

 

 

eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.

Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 61% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.

This communication is intended for information and educational purposes only and should not be considered investment advice or investment recommendation. Past performance is not an indication of future results.

Copy Trading does not amount to investment advice.  The value of your investments may go up or down.  Your capital is at risk.

Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more.

Crypto investments are risky and highly volatile. Tax may apply. Understand the risks here https://etoro.tw/3PI44nZ.

eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which hasbeen prepared by our partner utilizing publicly available non-entity specific information about eToro.

 

Wikitoro author Mike Druttman About Mike Druttman

Mike Druttman, Head of Content at Wikitoro.org, has decades of expertise in marketing communications and business matching. Educated at the CAM Foundation and the Chartered Institute of Marketing, Mik...

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