Can you withdraw money from a demo account on HYCM?

Asked 4 years ago

So I'm confused. I've read some articles where they say demo accounts allow you to trade with paper money and that it's not real. Others say that you can actually make money with a demo account. I'm currently practicing with HYCM's demo account. Is this real money or not, and can I withdraw it?

Demo account Money withdrawal Henyep capital markets (hycm)

Osasere Okunloye

Tuesday, July 13, 2021

No, you can not withdraw from a demo account. As you said, the money on a demo account is not real money, it is just virtual money. Trading on a demo account is intended for learning and for practising new strategies, it is not for making profit or losing.