The demo is a practice account

[maspluto]

For demo accounts it is important for us to use and learn, with demo accounts we can practice directly how to trade correctly and be free from the existing risk problems. Believe me as long as we want to learn it will be carried out there will definitely be results that can be obtained in trading later with Tickmill

[pradegxs]

A demo account, for example from HFM, is primarily a practice account where you can trade in real-time market conditions with virtual money. It’s great for testing out strategies, getting familiar with the trading platform, and building confidence without risking real capital. Backtesting, on the other hand, involves applying your trading strategy to historical data to see how it would have performed in the past. While both are useful, demo trading helps you experience real-time decision-making, whereas backtesting is more about refining your strategy’s effectiveness.

[Hanan Öberg]

Starting with a demo account is a smart move for new traders, as it allows practice without risking real money. It’s a great way to get familiar with the markets and develop trading strategies in a risk-free environment. For those looking to trade with a reliable and well-regulated broker, LQDFX offers excellent support, competitive spreads, and a range of accounts to suit all experience levels.

[maspluto]

Gaining profits in forex is not easy, therefore it is important for traders to be able to maximize their trading activities as expected when using a real Tickmill account.

[Nilde Lucchese]

Many beginners lose their accounts because they use excessively high leverage, exposing themselves to unnecessary risk and rapid losses. I prefer trading with small leverage to keep my exposure controlled and my decisions clearer. Developing strong risk-management psychology before entering live trades is essential. When traders understand risk, set limits, and stay disciplined, they protect their capital and improve their long-term chances of success in the Forex market.

[Zeologic]

High leverage without strong emotional control tends to lead to excessive greed, ultimately resulting in significant losses. Practicing on a demo account is great, but real emotions only come from live trading with a real account.