By opening a free account thru the pelican app you will automatically receive a DEMO account credited by Pelican with 10’000 £/$/€.
Trade your DEMO account exactly the same way you would trade your REAL money account. Learn to apply your risk and money management strategy and stick to it until you can produce constant profit.
If you run into a possible negative curve with a large amount of contracts your equity WILL decrease rapidly and you could run into a situation where you find yourself with margin calls and Pelican will automatically close a position avoiding further losses.
If you can’t be profitable on a demo account do not start trading real money or you are guarantied to lose it all.