CFD exit strategies
Why are exit strategies important?
Exit strategies help you plan how and when to close a Contract for Difference (CFD) position. They help manage risks and lock in profits.
CFDs are leveraged products, meaning losses and gains can grow quickly. Having clear exit plans in place helps you stay in control during market swings.
Whether you're aiming for a profit target or protecting against losses, setting an exit strategy in advance removes guesswork and helps you stick to your trading plan.
How do I set up exit strategies?
- Go to 'Invest' on the bottom menu
- Scroll down to your CFD account
- Tap 'Trade'
- Select the CFD you want to buy or sell
- Next to 'Exit Strategy' tap 'Set up'
What is a take-profit order?
A take-profit (T/P) order automatically closes your position when the price, profit amount, or % gain reaches your target. It locks in profits for you, so you don’t have to monitor the market constantly.
Example: you buy gold at $1,900 and set a T/P at $1,950. If the price hits $1,950, the trade closes and you lock in your profit
What is a stop-loss order?
A stop-loss (S/L) order automatically closes your position if the price, loss amount, or % move goes against you to a set level. It helps limit losses and protect your investment.
Example: you go long on oil at $75 and set a S/L at $70. If the price drops to $70, your trade is automatically closed to prevent deeper losses
During periods of significant market volatility, T/P and S/L orders are typically executed near the specified level, though execution at the exact price cannot be guaranteed.