Does Take Profit Automatically Close Trade on eToro?

Written by Nick Zelver

Reviewed by Mike Druttman

Yes. On eToro, setting a Take Profit (TP) will automatically close your position once the market price hits your chosen target. This feature helps you lock in profits without the need to constantly monitor the market.

How Take Profit Works on eToro

A TP level is your exit plan. You’re telling eToro, “When it gets here, I’m done.” As soon as that price is reached, eToro places a market order to close the trade. That means the platform will sell (or buy, depending on your direction) at the best price available at that moment.

If markets are volatile, the closeout price might not match your exact TP level. It could be a little better (or worse), depending on how fast prices move when your trigger hits.

Setting and Adjusting Your TP

You’ve got two options here:

1. At Trade Entry: When placing your trade, just punch in your TP either as a price or a dollar amount you want to pocket.
2. On an Active Position: Head over to your portfolio, find the trade, click "Edit Trade," and tweak your TP settings.

One heads-up: if the market never touches your TP, the trade stays open. It’ll keep running unless you close it manually, or unless another order like a Stop Loss kicks in.

A few more things you should know before using TP

• Price Gaps Happen: In fast-moving markets, the price may leap over your TP level. That means your trade closes at the next available price, not always the one you hoped for.
• Partial Closures Are a Thing: You don’t have to exit the whole position. eToro lets you close part of your trade, take some profits off the table, and leave the rest to run. I tend to do this when a trade is already in profit and getting close to my target—or when the market starts acting up and I want to reduce risk without exiting entirely.

eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.

Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 51% 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.

This communication is intended for information and educational purposes only and should not be considered investment advice or investment recommendation. Past performance is not an indication of future results.

Copy Trading does not amount to investment advice.  The value of your investments may go up or down.  Your capital is at risk.

Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more.

Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which hasbeen prepared by our partner utilizing publicly available non-entity specific information about eToro.