Home » Forex Reviews » What is better: to open free demo trading account with Tickmill or a live account with Tickmill

What is better: to open free demo trading account with Tickmill or a live account with Tickmill

tickmill-forex-broker-logo_cupoforexA beginner who decided to trade on Forex should understand the complicity of this activity. And if the Forex market pros often understand the risk in the trading, novices don’t always understand the responsibility. The main mistake of the beginners is an opening of a real account with adding real money to with absence of experience and skills in trade. In most such cases people lose their first deposit, because a novice doesn’t even know how to buy in and out.

There is only one difference between the two kinds of accounts with Tickmill: a live and a demo one. It is in the following: you will trade a real dollar balance, not a virtual one.

Now a few words about what is a Forex demo account.

Before you register a real account we recommend a user to open a Forex demo account, functionality of which has practically no differences from a trading account. The difference is all income and loss are virtual.

The Forex demo account itself is just an ordinary training account (simulator) of a real trade on Forex market. The trade on such a Forex account is done through virtual money. It means that the user shouldn’t deposit their own money. That’s why a risk of financial loss is practically made impossible. Usually a trader can add himself some virtual (gaming) money to his account as needed.

Open free demo trading account with Tickmill, as it is really the best way to start work on the Forex market. Surely, you can at once register a real trading account, put some real money to it and start operating. However, such a way can be recommended only to those who is absolutely sure is his knowledge and skills, has a well a robust trading strategy and work experience on Forex money market on real accounts.

One should understand that Forex demo account for learning how to trade on a currency market has no difference from a real account which is offered for making real operations. One and the same program is used with the both types.

Well, if you want to become a successful trader, try to use the Tickmill demo account. When you feel yourself confident in your work, you may then open the live account with Tickmill.  Then you will be trading real money.

It is free and easy to use the Tickmill demo account. While using the Tickmill demo account you will see the same that you see while using the Tickmill live account. It is free and very easy to use. So you may start using the Tickmill demo account right now and see how it works. You may practice Forex and CFD trading. While using it you will get the following profit:

  • Real-time prices and Real-time volatility
  • A powerful trading platform MetaTrader 4 that is easy to work with
  • 64 currency pairs and metals and 9 CFDs

If you wish, you may have both demo and live accounts working at the same time. You will just have to install the MetaTrader 4 platform for each of the accounts on your computer. To use both accounts simultaneously, you will have to install the two copies in different folders.

You can also change the demo account balance if you need.

Trading conditions on both live and demo accounts are absolutely the same.

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