On eToro, the maximum Take Profit (TP) limit for most manual trades is set at 1,000% of your invested amount, plus or minus 1,000% of your current profit or loss (P&L). This means you can adjust your TP up to ten times your original investment, depending on how your position is performing.
It's important to note that this TP cap is generally applied to leveraged trades. For non-leveraged buy positions, you have the option to remove the TP limit entirely, which allows for unlimited profit potential. However, when leverage is involved, eToro enforces this restriction as a risk management measure.
To modify your TP settings, go to your open trade, click on "Edit Trade," and adjust the TP level as desired. If you're trading without leverage, you can set the TP to "No TP" to remove any profit cap.
Keep in mind that this TP limit is designed to help manage risk so that profits are secured within a reasonable range, especially in volatile markets. You need to clearly understand how to use this feature to match your trading strategy with your financial goals.
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.
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