How to set a Take Profit on Woxa?

If you trade at the market price, you will both Buy and Sell positions, and set for take profit including: 

1. If you do not set Take Profit 

By using Leverage x1 or do not set Leverage.

• If you do not set a Take Profit, the platform will automatically set the Take Profit at 100% of the amount. 

2. If you set Take Profit Leverage more than x1

By using Leverage more than x1.

• Minimum Take Profit can be set at least 0.01% of the amount.
• Maximum Take Profit can be set up to 1000% of the amount.

Remark: If you do not set a Take Profit, the platform will automatically set the Take Profit at 100% of the amount.  

In calculating the stop loss for a position that a customer has opened, it can be calculated from.   

Formula for buy position: Amount Take Profit = (Take Profit rate - Open rate) x Units x Conversion rate 

Formula for sell position: Amount Take Profit = (Open rate - Take Profit rate) x Units x Conversion rate