? How trading works ▾
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Go long or short. A long makes money when the price goes up; a short makes money when it goes down. So you can bet either direction — or short one asset to hedge another.
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You size trades in dollars. Type how much exposure you want — the position size ($) — and the platform works out the rest at the live price. There are no “lot” tables to memorise: $10,000 means $10,000 of exposure whether the asset trades at $46 or $760. The number of units (shares/contracts) you control is simply Units = Position size ÷ live price, shown live in the preview.
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Leverage (1×–5×) and margin. Leverage lets you control a bigger position with less cash. The cash actually locked is the margin = Position size ÷ leverage. At 3×, a $9,000 position locks only $3,000 of your cash — and your gains and losses are then 3× as big relative to that margin.
Worked example — long Gold (GLD) at $398, 3× leverage
Position size (exposure)$10,000
Units controlled25.13 units
Margin locked from your cash$3,333
If price rises 5% → P&L+$500
Return on the cash you put up+15%
Units = 10,000 ÷ 398 = 25.13 · Margin = 10,000 ÷ 3 = 3,333 · a 5% move on $10,000 exposure = $500 = 15% of the $3,333 margin.
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Stop-loss & take-profit (optional). Set a price where the position closes itself — a stop-loss to cap a loss, a take-profit to lock in a gain. They’re checked every time prices refresh.
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Liquidation. If a leveraged position loses as much as the margin you put up, it closes automatically. You can never lose more than a position’s margin. The preview shows the exact liquidation price before you open.
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Indices & commodities trade via tracking funds. Gold, Oil and the index assets (S&P 500, Nasdaq 100, DAX, Euro Stoxx 50) are quoted through their US-listed ETFs — Gold via GLD, S&P 500 via SPY, DAX via DAX, and so on. So the price you see is the fund’s dollar price (e.g. Gold ≈ $398, not the $4,300 spot ounce), and it moves the same percentage as the asset it tracks — which is what your P&L is based on.
Prices update about once a minute while markets are open (every 5 min otherwise), so stop-losses close at the next update — not instantly.