Trading · 3 min
BRVX lets you attach a take-profit and a stop-loss by ticking TP / SL Triggers in the order form. They are the only conditional exits in the app: a take-profit closes the trade at your target, a stop-loss closes it at the loss you chose, and both close at market.
Add TP and SL
Fill the order form
Choose the pair, the amount and the leverage as usual.
Tick TP / SL Triggers
The box sits in the same form as the Buy and Sell switch.
Enter the levels
Set the price for the take-profit, the stop-loss, or both, then open the position.
Where to put the levels
For a long, the take-profit sits above the entry and the stop-loss below it; for a short, the other way round.
Keep the stop-loss well before the point where leverage would wipe out the margin. The liquidation calculator gives an estimate of that distance for any leverage.
Updated
Questions about this topic
Does BRVX have trailing stops?
No. Only a fixed take-profit and a fixed stop-loss are available.
Is TP/SL required?
No. The TP / SL Triggers box is optional.
Try it in the BRVX app
Open appLeveraged trading is high risk: you can lose your whole margin. Not available to US persons.