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Trade Examples

How does a trade work (no leverage)?
Let's walk through a trade on DXS. 
Clicking ‘market buy’ on the below screen goes long (buy) $100 on Apple (at 1x leverage). This requires a margin of 1.77 BSV:
Next, you’re asked to confirm and pay the margin amount of 1.77 BSV to DXS:
Pressing the button sends 1.77 BSV from your HandCash wallet to DXS. This secures your Apple position.
The summary of the live position is below:
The position is closed:
The trade summary can be displayed:
When the position is closed, the margin balance (less any loss and holding fees and loyalty fees) is returned to the HandCash wallet:
1.77 BSV left the wallet and opened a long position on Apple. The Apple long position was closed at a loss and the margin amount was returned instantly to the wallet.
How does a trade work (with leverage)?
Using 10x leverage, the margin balance that is required to collateralize a $100 position is $10 or 0.177 BSV (10% of the total position size):
The trade is opened:
The summary of the live position is below:
The position is closed:
The summary of the closed position is below. Notice the ‘Liquidation Price’. This is the price at which the position would be closed automatically by DXS. This is the price at which 80% of the committed margin of $10 would have been eroded.
HandCash wallet movements are shown below:
How does a closing a profitable trade work?
There is one key difference between closing out a profitable trade vs closing out a losing trade. 
When you make a loss, you get your margin returned to you immediately (less losses and holding fees and loyalty fees).
When you make a profit, you get your margin returned to you immediately (less holding fees and loyalty fees). You then have to wait until the end of the 8 hour trading session to receive your profit.