What is take profit?

Take profit is an order to close a previously opened position at a price more profitable for the client than the price at the time of placing the take profit. When the take profit is reached, the order will be closed. Please note that you need to leave certain distances from the current market price when you set up stop/limit orders. For further details about the distance in points for each currency pair, please view the limit and stop levels here.

Take Profit points are always set below the current ASK price on SELL, or above the current BID price on BUY.

You can also view this video tutorial for a more detailed explanation.

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