CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
A Trailing Stop automatically adjusts your Stop Loss level based on market movements. It keeps a set distance from the current price, allowing you to secure profits while limiting potential losses. Unlike a regular Stop Loss, which remains fixed, a Trailing Stop moves dynamically as the market price shifts in your favour.
How do trailing stops work?
When the price moves in your favour, the Trailing Stop automatically adjusts to maintain the pre-set distance from the market price. If the price moves against your position, the Stop Loss remains unchanged. The order only moves again if the price starts moving back in your favour. If the price continues in the unfavourable direction, the Stop Loss will eventually trigger, closing the position to limit further losses.
📄 Note
The Trailing Stop feature is only available for CFD trading and cannot be used on Invest or ISA platforms. It is designed to help traders automate risk management and take advantage of favourable market movements without manually adjusting Stop Loss levels.
How can I set up a Trailing Stop?
- Open your position settings.
- Go to the Profit/Loss tab.
- Enable Trailing Stop and define the preferred distance from the price.
How can I view my Trailing Stop?
- Open your position settings.
- Select the Info tab.
- Scroll down to find the Trailing Stop field, which displays the current stop level.