{"id":822799,"date":"2024-01-08T18:31:43","date_gmt":"2024-01-08T16:31:43","guid":{"rendered":"https:\/\/www.etoro.com\/?page_id=822799"},"modified":"2024-03-03T09:25:18","modified_gmt":"2024-03-03T07:25:18","slug":"competition","status":"publish","type":"page","link":"https:\/\/www.etoro.com\/en-us\/options\/competition\/","title":{"rendered":"Virtual Trading Competition"},"content":{"rendered":"\n
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Why <\/strong>compete?<\/h2>\n\n\n\n
\n
\n
\"Gain
Gain experience<\/div>
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Learn new skills to become a more well-rounded investor<\/p>\n<\/div><\/div><\/div>\n<\/div>\n\n\n\n

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\"Get
Get inspired<\/div>
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See what makes a successful trade by following our leaderboard or social feed<\/p>\n<\/div><\/div><\/div>\n<\/div>\n\n\n\n

\n
\"Earn
Earn rewards<\/div>
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Go head to head with other traders to compete for the grand prize<\/p>\n<\/div><\/div><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div><\/section>\n\n\n\n

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What<\/strong> can you<\/span> earn?<\/strong><\/h2>\n\n\n\n
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$2,500<\/strong><\/h2>\n\n\n\n

First place<\/p>\n<\/div>\n\n\n\n

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$1,000<\/strong><\/strong><\/h2>\n\n\n\n

Second place<\/p>\n<\/div>\n\n\n\n

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$500<\/strong><\/h2>\n\n\n\n

Third place<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div><\/section>\n\n\n\n

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Who <\/strong>will <\/strong>win the prizes?<\/h2>\n\n\n\n

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.<\/p>\n\n\n\n

\nGet Started<\/a>\n<\/div>\n<\/div>\n\n\n\n
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\"Options<\/figure>\n<\/div>\n<\/div>\n<\/div><\/section>\n\n\n\n
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HOW TO ENTER THE COMPETITION<\/span><\/h2>\n<\/div>\n<\/div>\n<\/div><\/section>\n\n\n\n
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Create your account*<\/strong><\/h2>\n\n\n\n

Sign up or sign into the eToro Options app using your credentials<\/p>\n\n\n\n

*Terms and conditions apply<\/a><\/u><\/p>\n\n\n\n

\nGet Started<\/a>\n<\/div>\n<\/div>\n\n\n\n
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\"\"<\/figure>\n<\/div>\n<\/div>\n\n\n\n
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\"\"<\/figure>\n<\/div>\n\n\n\n
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Select your draft option<\/strong><\/h2>\n\n\n\n

Choose a put or call, set your parameters, click \u2018Save as a draft\u2019 and then select \u2018Enter into Virtual Trading Competition\u2019 <\/p>\n<\/div>\n<\/div>\n\n\n\n

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Track your results<\/strong><\/h2>\n\n\n\n

Keep track of where your option stands on our leaderboard<\/p>\n<\/div>\n\n\n\n

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\"\"<\/figure>\n<\/div>\n<\/div>\n<\/div><\/section>\n\n\n\n
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Get more chances to win<\/strong><\/h2>\n\n\n\n

Every eToro Options user is entitled to one entry only \u2014 so make it count! However, you can earn more entries by joining our\u00a0Options session<\/a>\u00a0(1 entry), making your first deposit (2 entries) or referring a friend (1 per friend, up to 10).<\/p>\n\n\n\n

\nRefer a Friend<\/a>\n<\/div>\n<\/div>\n\n\n\n
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\"\"<\/figure>\n<\/div>\n<\/div>\n<\/div><\/section>\n\n\n\n
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\"\"<\/figure>\n<\/div>\n\n\n\n
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How can draft trading help you trade options?<\/strong><\/h2>\n\n\n\n

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 \u201cSave as Draft,\u201d then watch its value change in real time. The funds may not be real, but your earned experience is.<\/p>\n\n\n\n

\nTry Draft Trading<\/a>\n<\/div>\n<\/div>\n<\/div>\n<\/div><\/section>\n\n\n\n
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FAQ<\/h2>\n<\/div>\n<\/div>\n\n\n\n
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What qualifications are required to enter the virtual trading competition? <\/dt>
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You must be qualified to trade options in order to access the trading competition. This means you\u2019ll need to ensure you answer questions about your risk tolerance and upload your identification docs for approval.<\/p>\n<\/dd><\/div>\n\n\n\n

What draft trades are considered valid for the competition?<\/dt>
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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 \u201cTrading Competition\u201d screen.<\/p>\n<\/dd><\/div>\n\n\n\n

When will the winners be announced?<\/dt>
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Winners will be announced shortly after the competition end date.<\/p>\n<\/dd><\/div>\n\n\n\n

How do I track my standing in the competition?<\/dt>
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Navigate to the \u201cTrading Competition\u201d main screen in the eToro Options app. There you can review your \u201cOpen Entries\u201d, \u201cSubmitted Entries\u201d and the \u201cLeaders\u201d. Remember, in order for your draft trade to be officially submitted and appear in \u201cSubmitted Entries\u201d, it needs to be closed or expired before the last day of the competition.<\/p>\n<\/dd><\/div>\n\n\n\n

How are the winners calculated?<\/dt>
\n

Winners are calculated based on draft trades with the highest return on investment (%).  <\/p>\n<\/dd><\/div>\n\n\n\n

When I click on \u201csave as draft\u201d I don\u2019t see the button to submit to the competition. Why?<\/dt>
\n

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.<\/p>\n<\/dd><\/div>\n\n\n\n

When is the deadline for submission? <\/dt>
\n

You can enter into the competition up until the final day. <\/p>\n<\/dd><\/div>\n<\/dl>\n<\/div>\n<\/div>\n<\/div><\/section>\n","protected":false},"excerpt":{"rendered":"

Why compete? 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…<\/p>\n","protected":false},"author":119,"featured_media":827342,"parent":508672,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"inline_featured_image":false,"sticky_cta_settings":"","footnotes":""},"asset_type":[],"class_list":["post-822799","page","type-page","status-publish","has-post-thumbnail","hentry"],"acf":[],"yoast_head":"eToro Options Virtual Trading Competition<\/title>\n<meta name=\"description\" content=\"Win up to $4,000 by trading options, risk-free\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.etoro.com\/en-us\/wp-json\/wp\/v2\/pages\/822799\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta 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