eToro is one of the world's largest social investment platforms with over 40 million users, offering commission-free stock and ETF trading. Connecting eToro to AlgoCloud lets you deploy your algo strategies directly to your eToro account — both paper (demo) and real money.

Login to your eToro account. If you don't have one yet, click Sign Up and create a free account.

Once logged in, click Settings in the left sidebar menu. On the Settings page, scroll down to the Trading section. You'll find API Key Management at the bottom of the page.

Click the green Create Your API Key button. Fill in the following fields:

Click Generate Key.

After generating, eToro displays your Private Key and Public Key:

⚠️ Important: Write down the Private Key and store it in a safe place. Once you close this dialog, the Private Key cannot be retrieved again. The Public Key can be viewed later in the API Key Management section.

You will need both keys in the next step:

In AlgoCloud, navigate to Trading → Broker connections in the left sidebar and click the Link account button.

A wizard will guide you through the connection:

1. Select broker — Choose eToro from the list and click Next.

2. Connection details — Fill in:

Click Next.

ℹ️ Note: The API key Environment (Real/Demo) you selected in eToro must match the Account type in AlgoCloud. A Demo key will not work for Live trading and vice versa.

3. Account protection — This optional feature protects your account from extreme losses. When enabled, AlgoCloud monitors your drawdown — if equity drops more than the set percentage from its peak, all trading stops and open positions are closed.

⚠️Warning: The actual drawdown may exceed your set protection level. Account protection checks your equity periodically — not on every tick. In fast-moving markets, prices can gap beyond your threshold before the system triggers. Treat this as a safety net, not a guarantee of a precise stop level.

Click Submit.

Your eToro account is now connected. AlgoCloud will automatically retrieve your account data, including the available balance.

With the broker connected, you can deploy any strategy from My strategies. Click the ⋮ menu next to a strategy and select Start trading.

The deployment wizard has 4 steps:

Set the deployed name, select your eToro account, and choose the traded instruments. For example, [[S&P 500]] as the main chart on D1 timeframe with SPY as the subchart. A green ✅ confirms the symbol is available on eToro.

Set execution settings: Entry at On Bar Open, Exit at On Bar Close.

Click the Main chart dropdown to select from available stock universes:

Configure how the strategy allocates capital:

Review the account protection settings.

Review the full strategy rules and deployment configuration. Read the risk disclaimer, then click Start Strategy.

After deployment, go to Trading → Demo trading (or Live trading). The Deployed strategies tab shows your active strategy, its status, the connected eToro account, and capital allocation.

Use the additional tabs to monitor activity:

Expand individual entries to see trade details — stock symbols, order types, prices, quantities, and timestamps.

For the most detailed view, open the Strategy log to see the raw execution log with every signal and action.

Before backtesting or deploying, make sure the commission settings match eToro's fee structure. In the Strategy Editor, click Settings and open the Commission dialog.

eToro offers commission-free stock trading, but there may be spread costs. Select the appropriate commission type based on your setup.