Does Take Profit Automatically Close Trade on eToro?

Written by Nadav 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.