Why compete?
Learn new skills to become a more well-rounded investor
See what makes a successful trade by following our leaderboard or social feed
Go head to head with other traders to compete for the grand prize
What can you earn?
$2,500
First place
$1,000
Second place
$500
Third place
Who will win the prizes?
The draft trades with the highest return on investment will win the competition. Just remember to close your trade before March 29, 2024 as only trades that are closed or expire before then will be counted toward the competition.
HOW TO ENTER THE COMPETITION
Create your account*
Sign up or sign into the eToro Options app using your credentials
Select your draft option
Choose a put or call, set your parameters, click ‘Save as a draft’ and then select ‘Enter into Virtual Trading Competition’
Track your results
Keep track of where your option stands on our leaderboard
Get more chances to win
Every eToro Options user is entitled to one entry only — so make it count! However, you can earn more entries by joining our Options session (1 entry), making your first deposit (2 entries) or referring a friend (1 per friend, up to 10).
How can draft trading help you trade options?
Draft trading is a tool that can help you try before you trade. Set up your call, put, or spread as you would normally, hit “Save as Draft,” then watch its value change in real time. The funds may not be real, but your earned experience is.
FAQ
- What qualifications are required to enter the virtual trading competition?
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You must be qualified to trade options in order to access the trading competition. This means you’ll need to ensure you answer questions about your risk tolerance and upload your identification docs for approval.
- What draft trades are considered valid for the competition?
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Only draft trades that are entered into the competition are considered valid. Your trade must be closed (sold or expired in order to calculate the P/L) to be officially submitted to the competition. It will appear in the “Submitted Entries” section of the “Trading Competition” screen.
- When will the winners be announced?
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Winners will be announced shortly after the competition end date.
- How do I track my standing in the competition?
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Navigate to the “Trading Competition” main screen in the eToro Options app. There you can review your “Open Entries”, “Submitted Entries” and the “Leaders”. Remember, in order for your draft trade to be officially submitted and appear in “Submitted Entries”, it needs to be closed or expired before the last day of the competition.
- How are the winners calculated?
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Winners are calculated based on draft trades with the highest return on investment (%).
- When I click on “save as draft” I don’t see the button to submit to the competition. Why?
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You must have the latest version of the eToro Options app downloaded. Please visit the app store to make sure your app is up to date. Please note, you can only enter a draft trade into the competition during market hours.
- When is the deadline for submission?
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You can enter into the competition up until the final day.