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The demo is a practice account


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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

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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.

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