What is Take Profit?

A Take Profit (TP) is an instruction to close a trade at a specific rate if the market rises, to ensure your profit is realized and goes to your available balance. Note, take profit orders are not available on stocks in the US.

Take Profit instructions are optional, and you can set it once your trade is already open.

To set a Take Profit order:

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1. Click the relevant trade in your Portfolio to open the Edit Trade window.
2. Click TAKE PROFIT and then Set TP.
3. Set your Take Profit according to a specific rate in the market, or click AMOUNT to set it as a monetary amount.
4. You can go back and adjust the Take Profit at any time while the trade is open, or remove it by clicking No TP.
5. Click Update to save your Take Profit setting.

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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 Take Profit.
4. Set the Take Profit value.
5. To edit a Take Profit you have already set, tap the field labeled 'Take profit' and select a new value.
6. To confirm, tap Apply.

If the market rises to your requested rate and you have gained the predetermined amount, the Take Profit order will trigger and automatically close your position.

Under normal market conditions, the set Take Profit is not guaranteed. When the market is volatile, the Take Profit rate you requested may not be traded in the market. In this case, the Take Profit will trigger at the next available rate. The result is that you could gain more than you expected on the trade.

The maximum Take Profit for manual positions is 1,000% of your invested amount +/- 1,000% of your current P/L. This means that you will be able to update your Take Profit level continually as your profits increase.