How to Take Profit on eToro Without Closing Position?

Written by Nadav Zelver

Reviewed by Wikitoro Team

You can take profits on eToro without fully closing your position by using the platform's partial close feature.

Here's how to do it:​

How to Partially Close a Position on eToro

1. Access Your Portfolio: Log in to your eToro account and go to the 'Portfolio' section.​
2. Select the Trade: Click on the specific position you wish to partially close.​
3. Initiate the Partial Close: Click on the 'Close' button. In the dialog box that appears, you'll see an option to close only part of the position.​
4. Specify the Amount: Enter the amount or percentage of the position you want to close. Verify that both the portion you’re closing and the remaining position meet eToro’s minimum trade size requirements. ​
5. Confirm the Action: Review the details and confirm to execute the partial close. The realized profit from the closed portion will be added to your available balance, while the remaining position stays open.​

This feature has helped me lock in profits while keeping a position open when I thought there was still room for more. Based on experience, here are a few quick tips to keep in mind:

Take Profit Orders: The TP feature automatically closes a trade at a specified price level to secure profits. However, TP orders apply to the entire position and cannot be set for just a portion of it. ​

Manual Monitoring: Since partial TP orders aren't available, you'll need to monitor your positions and manually execute partial closes when your profit targets are met.​

Market Conditions: Be aware that in volatile markets, the execution price may differ from the expected price due to rapid price movements.​