Manage your risk
Learn how to potentially protect gains and limit losses with our advanced risk management tools.
Stop Loss & Take Profit
A Stop Loss order allows you to set a price level at which a position will automatically close to limit potential losses. Conversely, a Take Profit order may help lock in gains by closing a position once a specified profit level is reached.
These orders can be applied when opening a new position or modifying an existing one. However, execution at the exact price is not guaranteed due to Slippage—if the market moves rapidly or gaps past the specified price, the position will close at the next available price.
Example:
If an E-mini S&P 500 Futures contract is trading at 4400/4402 (Sell/Buy), and you open a Buy position at 4402 with a Stop Loss at 4380, the position will close automatically if the price drops to 4380. However, if the market gaps down from 4402 to 4370, the order will execute at 4370, reflecting Slippage.
Key Features
- ✓Predefined exit points for trades.
- ✓Helps secure gains and limit losses.
- ✓Simple to set, easy to adjust.
Trailing Stop
Unlike a Stop Loss, which stays fixed, a Trailing Stop "trails" your position at the level you set, adjusting as the market moves in your favor but staying in place if the market moves against you. If the market moves to the Trailing Stop level, a Market Order to close your position will trigger, helping to protect your gains or limit further losses. Trailing Stop is subject to Slippage.
Example:
If you buy an E-mini Dow Jones Futures contract at 34,500 and set a Trailing Stop level of 50.00, the Stop Loss will initially be at 34,450. If the price rises to 34,600, the Stop Loss automatically adjusts to 34,550. If the price then declines and reaches the Trailing Stop level you set, the position closes at that level, preventing further loss.
Key Features
- ✓Dynamically adjusts Stop Loss level.
- ✓Follows favorable market trends.
- ✓Helps protect gains and reduce downside risk.
Why Us?
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With experience in the field, our company is a full member of the FSU Group and the National Futures Association.
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Trusted
IkasFX, Our company is licensed and regulated by the Financial Services Commission of Dominica (FSU). We are a legally Dominica-based Forex broker.
Important Documents
Download and review our essential policy documents to understand your rights, obligations, and the risks associated with trading.
Important Notice
Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Please read all policy documents carefully before trading and ensure you fully understand the risks involved.
Put Your Knowledge to the Test
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