CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. The vast majority of retail client accounts lose money when trading in CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Take Profit (T/P)

Definition of Take Profit (T/P)

A market order which automatically closes the position of a profitable security or financial instrument when it reaches a predetermined price level that is suitable for the trader. A T/P can be used in both long (buy) and short (sell) positions.

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