Wikitoro author Mike Druttman
Written by Mike Druttman
Wikitoro reviewer Nadav Zelver
Reviewed by Nadav Zelver

No, setting a Take Profit (TP) is not mandatory for all trades on eToro. It is required for certain types of positions, while optional for others.​

 

When Take Profit Is Mandatory

eToro requires a Take Profit to be set on:​

  • Leveraged positions: Any trade where leverage is applied, regardless of whether it's a BUY or SELL.​
  • Short (SELL) positions: All SELL trades, even without leverage, must have a Take Profit.​

This requirement is part of eToro’s risk management policies so that trades have predefined exit points to help manage potential market volatility. ​

Setting a Take Profit (TP) on eToro's platform
Setting a Take Profit (TP) on eToro's platform

 

When Take Profit Is Optional

You are not required to set a Take Profit when opening a non-leveraged BUY position. This typically applies to long-term investments in assets like stocks or crypto assets without using leverage. In these cases, you can choose to set a Take Profit or leave the position open indefinitely. ​

 

Adjusting Take Profit Settings

For trades where Take Profit is mandatory, eToro automatically sets a default TP level when you open the position. However, you can modify this level at any time:​

  1. Go to your Portfolio.​
  2. Click on the specific trade you want to adjust.​
  3. Select Edit Trade.​
  4. Adjust the Take Profit value to your preferred level.​

This flexibility allows you to manage your trades according to your investment strategy. ​

 

Knowing when a TP is needed (and when it's not) can help you stay in control of your trades and make sure that they are still in line with your strategy. New to Take Profit? I suggest using the demo account (you can open one here) to try it out in a risk-free environment before going live.

 

 

Wikitoro author Mike Druttman About Mike Druttman

Mike Druttman, Head of Content at Wikitoro.org, has decades of expertise in marketing communications and business matching. Educated at the CAM Foundation and the Chartered Institute of Marketing, Mik...

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