Web Trader MT5
A take-profit order tells the platform to close a position once the market reaches a chosen profitable price. A trader who buys at $50 may place T/P at $55. If the market reaches that level, the platform sends an order to close the trade. For a sell position, the target would normally be below the opening price. The instruction removes the need to watch the market continuously, but the exact closing price can differ during gaps or very fast movement. Take profit locks in a gain only after the position is successfully closed.
Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Start trading with A globally leading broker
Want to start trading?
We use cookies to understand how you use our website and to give you the best possible experience. You can find out more by viewing our Cookie Policy.
