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(Of course you cant cash out winnings from a demo account since you dont have any real money deposits in the first place). Once done, the broker will request your initial deposit after they have confirmed your identity. These bonuses would increase your account size but, they also have corresponding trading requirements before you can cash out your money in some cases up to 250 times the bonus.
By placing demo trades your errors wont be as expensive. My only regret is that I didnt discover The Binary Options Experts earlier when I started trading binary options and having to recondition my mind from the habits I have picked up on the way (not so good habits).