Education

What is take profit?

A Take Profit order will automatically close a trade when the specified profit amount is reached. The newly acquired funds will then be available in your Assetise wallet. This is particularly helpful for short-term investors looking to make fast trades.

A Take Profit is required on every position except non-leveraged BUY positions.

The maximum Take Profit on most trades is 1,000% of your invested amount and +/- 1,000% of your current profit/loss. This means that you will be able to update your Take Profit level as your profits increase.

You can adjust your Take Profit at any time while the trade is open.

As all investors should understand, your Take Profit is never guaranteed on any trade. When the market is volatile, the Take Profit rate you requested may not be traded in the market. In this case, the Take Profit will trigger at the next available rate. This could result in you gaining more than you expected on a trade.

Is there a maximum trade size?

As part of our efforts to promote responsible trading, there are certain restrictions on the size of each trade:

• Each instrument has a maximum number of units permitted per position. • Each account has a maximum exposure (invested amount x leverage) permitted per leverage tier on each instrument. This is in place to help mitigate the risks of trading with high leverage.

If you are trying to open a position which would take your account’s net exposure in open positions beyond the permitted limit, you will receive the following error message: “Unable to open position. Your exposure level with the selected leverage is too high. Try using lower leverage.” You can try opening the position with a lower invested amount, or with lower leverage.

What is an order?

An order is an instruction an investor gives to a broker to open a buy or a sell position on an asset that’s on the investor’s behalf.

As soon as you click on ‘Open Trade’ or ‘Set Order’:

• We create an order to execute your trade. We will then do our best to fill your order. During market hours, this is usually instant. • A pending order can be found in the Orders section of your Portfolio. • The cash amount allocated to the order is no longer available for trading. You can cancel a pending order at any time to return the funds to your available balance.

What is one click trading?

The one-click trade feature will allow traders to open or close any trade with just a single click through the ‘buy’ and ‘sell’ buttons.

It will skip any confirmation steps which in turn, will allow a faster action with predetermined trade parameters already in place before doing so.

Do I need to pay taxes on my trades?

You are responsible for assessing and fulfilling any relevant tax obligations in your country or countries of tax residence.

To compute the taxable income required for your tax return, you can refer to the information available in your Assetise account statement.

Assetise might be obliged to furnish tax-related information to your local tax authority in accordance with the Foreign Account Tax Compliance Act (FATCA) and the Common Reporting Standard (CRS). To find out more, you can visit this link.

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