How to set take profit and stop loss on Xoibit futures

Last updated: 2026-10-15

You can set a take profit (TP) and stop loss (SL) when you place a futures order, or later on an open position with TP/SL for position. When the mark price reaches your trigger price, a market order closes the position.

Set TP/SL with a new order

1. On the futures page, fill in your order as usual.
2. Tick TP/SL and enter a take profit price, a stop loss price, or both.
3. Place the order. The TP/SL become active for the position once the order fills.

For a long, the take profit must be above the order price and the stop loss below it. For a short, the take profit must be below and the stop loss above.

Set TP/SL on an open position

1. Find the position in the Positions tab or in Positions.
2. Press the edit icon in the TP/SL for position column.
3. Enter the trigger price for take profit and/or stop loss. The form shows the current mark price.
4. Confirm.

On an open long, the take profit must be above the current mark price and the stop loss below it, and the other way round for a short. You can cancel the take profit or the stop loss separately at any time.

How does the trigger work?

• The trigger watches the mark price, not the last price. See mark price and index price.
• When the trigger is reached, a market order closes the position, so the fill price can be a little different from your trigger.
• Position TP/SL apply to the entire position and are cancelled automatically when the position is closed.

Place your stop loss before your liquidation price (above it for a long, below it for a short). A stop loss beyond the liquidation price will not protect you, because liquidation comes first.

Why was my TP/SL rejected?

• "Take profit price must be greater than order price" or similar: the price is on the wrong side for a long or short.
• "Trigger price should be more/less than Mark Price": on an open position, the trigger is on the wrong side of the current mark price.