How do I set a Trailing Stop Loss?

You have the option to set a Trailing Stop Loss (TSL) as soon as you open a trade or at any time thereafter.

etoro app and web

1. Click Stop Loss in the Open or Edit Trade window.
2. Tick the TSL checkbox that appears underneath it.
3. Click Open Trade if you are opening the position, or Update if the trade is already open.

etoro AI

1. In your Portfolio, tap the asset, then tap the position to open the 'Position Info' screen.
2. At the bottom left of the screen, select Edit SL/TP.
3. Switch the toggle to activate the Stop Loss.
4. On the next screen, set the value and activate the Trailing Stop Loss.
5. Tap Confirm
6. Tap Apply

You can enable or disable TSL for an existing trade at any time.

Every time you edit your Stop Loss manually while TSL is enabled, the pip distance between your Stop Loss rate and the current market rate is updated accordingly.