Stop loss and take profit
On all 41 BRVX markets you can attach a take-profit and a stop-loss to a position in the order form, before you press Buy or Sell. The take-profit closes the position when the price reaches your target; the stop-loss closes it at the loss you set.
A stop-loss limits a loss but is not a guaranteed exit price.
Updated
What is the difference between a stop loss and a take profit?
A stop-loss limits the loss: it closes the position if the price moves against you to a level you picked. A take-profit locks in the gain: it closes the position at your target. On a long the stop sits below the entry and the target above it; on a short it is the other way round.
- Markets with TP / SL
- 41
- Where to set it
- order form
- Closing rate
- one per market
- Order type
- market
Two exits, decided in advance
Decide while you are calm The exits are set before the trade, not in the middle of a fast move.
A long Target above, stop below.
Take-profit above entry Entry market price Stop-loss below entryA short Everything flips.
Stop-loss above entry Entry market price Take-profit below entry
What a stop means for your margin
The same price move is a different share of your margin at different leverage. Before fees and funding.
| Price move | 5x | 10x | 25x | 50x | 150x |
|---|---|---|---|---|---|
| 0.5% | 2.5% | 5% | 12.5% | 25% | 75% |
| 1% | 5% | 10% | 25% | 50% | ≥ 100% |
| 2% | 10% | 20% | 50% | ≥ 100% | ≥ 100% |
| 5% | 25% | 50% | ≥ 100% | ≥ 100% | ≥ 100% |
Leverage works both ways: a small move against you can lose you the whole margin.
How to set a stop loss and take profit
In the order form, before you open.
Tick «TP / SL Triggers»
The checkbox sits in the order form under the amount and leverage.
TP / SLEnter the two prices
Target on the profit side, stop on the loss side. Keep the stop before the liquidation price.
SL · entry · TPOpen the position
Press Buy or Sell. The triggers stay attached until one of them fires or you close the position by hand.
Buy / Sell
Leverage works both ways: a small move against you can lose you the whole margin.
Stop-loss and take-profit FAQ
Does BRVX have stop loss and take profit?
Yes. Every position can carry a take-profit and a stop-loss, set in the order form with the «TP / SL Triggers» checkbox.
Does BRVX have limit orders?
No. Positions open at the market price. Take-profit and stop-loss are the only price triggers.
Is the fee different when a stop-loss closes my position?
No. BRVX lists one closing rate per market, and on every market it equals the opening rate — 0.05% on stocks, for example.
Where should the stop-loss go on a short?
Above the entry price. A short loses when the price rises, so the stop sits above and the take-profit below.
More BRVX features
Multi-collateral
Short selling
Leverage up to 150x
24/7 trading
Leverage works both ways: a small move against you can lose you the whole margin.
Set your exits before you enter
Open BRVXA stop-loss limits a loss but is not a guaranteed exit price. Not available to US persons.