---
title: What is a Take Profit order?
description: This type of order allows you to preset a specific price at which your position will close if the price moves in your favor.
url: "https://en.wbtrade.eu/knowledge-base/trading/what-is-a-take-profit-order/"
updated: "2024-09-12"
category: TRADING
---

# What is a Take Profit order?

This type of order allows you to preset a specific price at which your position will close if the price moves in your favor.