Markets mobile app
What is auto cash out (ACO)?
Learn how to use our built-in risk management tool to automatically close your trades at a profit or limit a loss.
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Auto Cash Out (ACO) is a built-in feature designed to help you manage risk and lock in profits automatically. It allows you to set specific dollar targets for your open trades so you do not have to watch the market constantly.
ACO is commonly referred to as take profit and stop loss in traditional trading platforms.
How auto cash out works
When you modify a trade's Auto Cash Out settings, you can define two key parameters:
- Take profit: You can set a specific dollar amount to lock in your gains. If your trade reaches this positive amount, the app will automatically close the position and secure your profit. Four preset values are available, and you can enter a custom amount.
- Limit loss: You can set a specific dollar amount to act as a safety net. If your trade drops to this negative amount, the app will automatically close the position to prevent further losses. One preset value is available, and you can enter a custom amount.
Automatic defaults
Every trade you place comes with a default Limit Loss set at 50% of your margin. This gives you built-in downside protection from the moment your trade opens. You can adjust or remove this default at any time.
How to set or modify your ACO
You can set or adjust your ACO levels at any time:
- Navigate to your open trade.
- Tap the edit button below your trade
- Tap Set next to Take Profit or Limit Loss.
- Enter your desired positive or negative dollar amount, or select from the preset values.
- Swipe the Slide to Confirm button to save your new settings.
Seeing your trade at a glance
When you open a trade, the asset page displays three key levels:
- Your entry price (where your trade opened)
- Your take profit and limit loss targets (if set)
- Your liquidation price (where your trade would automatically close due to losses)
This gives you a clear picture of the range your trade is operating in.