Forex Glossary
What Is Take-Profit?
An order that auto-closes a position at a target price to lock in profit.
A take-profit auto-closes the position at your target, preventing emotions from derailing the plan.
Risk warning. Leveraged forex trading carries high risk and in Türkiye may only be offered by SPK-authorised intermediaries; leverage is capped at 1:10 (half of that may apply if the initial margin at account opening is below TRY 50,000). This content is not investment advice; user statements belong to their authors.
What a take-profit order does
A take-profit auto-closes a position when your target price is reached. Its function is not to grow profit but to make the decision in advance: it removes the "maybe a bit higher" debate at the screen.
Used together with a stop-loss, both ends of a trade are set from the start. A risk/reward ratio can only be computed once both distances are known.
How to choose the level
FXŞikayetvar gives no investment advice; what can be stated here is mechanics. Target distance is set in pips, but to be meaningful its money value must be known — which depends on lot size.
The fill price is not guaranteed: if liquidity is thin or the price gaps, the order can fill at a different level. This slippage can go either way.
Warning sign: profit that never closes
A common pattern on unauthorised platforms: profit grows on screen but the position cannot be closed, or once closed the money cannot be withdrawn. The problem is not the order type but whether the counterparty is connected to a real market at all.
If the profit screen grows while withdrawal requests are perpetually delayed, stop depositing and verify whether the platform is SPK-authorised; the steps are in our complaint guide.