Web Trader MT5
TP is the short label commonly shown beside the price at which a platform should close a trade in profit. It refers to the same instruction as take profit or T/P, but the platform view makes its practical use clearer. A trader may attach the TP when opening the position or add it later. Some platforms also allow part of the position to be closed at one target while the rest remains open. The level should not be confused with the profit shown on screen, since that amount continues changing until the order is filled. A price touching the level does not always guarantee an identical execution price in a fast market.
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.
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