Close at Profit means an offer to close a Transaction in an FX and CFD position at a price determined in advance by you, which, in the case of a Buy, is higher than the opening Transaction price and in the case of a Sell is lower than the opening Transaction price.

Examples of Close at Profit in a sentence

In the case of a Sell, the price of an Underlying Asset underlying such Order may suddenly decrease below the Close at Profit price, without ever reaching such price.
For example, in the case of a Buy, the price of an Underlying Asset underlying such Order may suddenly increase above the Close at Profit price, without ever reaching such price.
We may, in our sole discretion, allow you to specify a closing price for a Transaction through a "Close at Loss" and "Close at Profit" order, subject always to the terms of the Client Agreements and any other terms and conditions we may implement from time to time.
With respect to a Close at Profit where the price for an Underlying Asset moves to the Client’s advantage (for example, if the price goes down as the Client Buys or the price goes up as the Client Sells), the Client agrees that the Company can pass such price improvement on to the Client.
We may, in our sole discretion, allow you to request the opening or closing of a Transaction, including a "Close at Loss" and "Close at Profit" Order, within a specific time period determined by you.

More Definitions of Close at Profit

Close at Profit. An offer to close a Transaction at a price determined in advance by you which, in the case of a Buy is higher than the opening Transaction price and in the case of a Sell is lower than the opening Transaction price.

Close at Profit means an offer to close a Transaction at a price determined in advance by you which, in the case of a Buy is higher than the opening Transaction price and in the case of a Sell is lower than the opening Transaction price ✓ “Connected Account” a customer account which is related to other customer accounts by any one or more of the following similar criteria: IP address; name, address. country of registration; password; machine identity; remittance source. ✓ “Content” any Financial Data, prices, or other information available to you on the Website or the Trading Platform or offered by us in any other form or by any other means. Such Content includes parameters within the instrument details tab on the Trading Platform. ✓ “Currency Conversion Fee” means a fee of up to 0.3% of a Transaction’s realised Net Profit and Loss for all Transactions on instruments denominated in a currency different to the currency of the Client Trading Account. Such fee will be reflected in real time into the unrealised Net Profit and Loss of an open Position and will be charged once the Position is closed. ✓ “Difference” means the difference in price upon the opening of a Transaction and the closing of such Transaction, plus or minus the Overnight Funding and/or Currency Conversion Fee, as applicable.

Close at Profit means an offer to close a transaction at a price determined in advance by Customer which, in the case of a transaction that is opened by offering to buy a specific number of a certain instrument, is higher than the opening transaction price, and in the case of a transaction that is opened by offering to sell a specific number of a certain instrument, is lower than the opening transaction price. 21.7 Upon Customer's offer and Company’s acceptance of an order, Customer hereby authorizes Company to close the transaction at the Close at Loss price or Close at Profit price, as applicable, and as agreed upon in the order, without further instruction from or notification to Customer. 21.8 Company may, in its sole discretion, close the transaction when the price quoted by Company on the trading platform equals the price accepted by Company for such an order. 21.9 Customer acknowledges and agrees that Company shall not be obligated to close a transaction which does not otherwise comply with any other limitations agreed upon with respect to such transaction. 21.10 Customer acknowledges and agrees that due to market volatility and factors beyond Company’s control, Company cannot guarantee that a Close at Loss order will be executed at the level specified in Customer's order. In such an event, Company will close the transaction at the next best price. 21.11 If, before Customer's “Limit Order” offer to open or close a transaction is accepted by Company, Company’s quote moves to Customer's advantage (for example, if the price goes down as Customer buys or the price goes up as Customer sells) Customer agrees that Company will execute the closing transaction at the Customer’s specified price and not better. Customer agrees that Company can retain such price movement for its own account. 21.12 Customer is aware that a part of Company’s revenues derives from the spreads on each transaction. The spread is the difference between the bid & the ask price of the price quote on a transaction. Therefore, in case the fair market price reduces Company’s spread in a specific transaction, Company may, at its sole discretion, choose not to execute such transaction, in which case Company may send Customer an amended quote for his consideration. Company may complete a transaction at its sole discretion in case the fair market price does not affect Company’s spread from the transaction and / or increases it.

Close at Profit means an offer to close a transaction at a price determined in advance by Customer which, in the case of a transaction that is opened by offering to buy a specific number of a certain instrument, is higher than the opening transaction price, and in the case of a transaction that is opened by offering to sell a specific number of a certain instrument, is lower than the opening transaction price. 4. 11.4. Upon Customer's offer and the Company’s acceptance of an order, Customer hereby authorizes FOW Business to close the transaction at the Close at Loss price or Close at Profit price, as applicable, and as agreed upon in the order, without further instruction from or notification to Customer. 5. 11.5. FOW Business may, in its sole discretion, close the transaction when the price quoted by FOW Business on the trading platform equals the price accepted by FOW Business for such an order. 6. 11.6. Customer acknowledges and agrees that FOW Business shall not be obligated to close a transaction, which does not otherwise comply with any other limitations, agreed upon with respect to such transaction. 7. 11.7. Customer acknowledges and agrees that due to market volatility and factors beyond the Company’s control, the Company cannot guarantee that a Close at Loss order will be executed at the level specified in Customer's order. In such an event, the Company will close the transaction at the next best price. 8. 11.8. Customer is aware that a part of the Company’s revenues derives from the spreads on each transaction. The spread is the difference between the bid & the ask price of the price quote on a transaction. Therefore, in case the fair market price reduces the Company’s spread in a specific transaction, the Company may, at its sole discretion, choose not to execute such transaction, in which case the Company may send Customer an amended quote for his consideration. FOW Business may complete a transaction at its sole discretion in case the fair market price does not affect FOW Business spread from the transaction and / or increases it.

Close at Profit means offer to close a Transaction in an FX and CFD position at a price determined in advance by you which, in the case of a Buy is higher than the opening Transaction price and in the case of a Sell is lower than the opening Transaction price. “Contract for Difference (CFD)” means any CFD on spot foreign exchange (“FX”), whether oral or written, for the purchase or sale of any commodity, security, currency or other financial instruments or property, including any derivative contracts such as options, futures, shares, or any other CFD related financial instrument that is available for trading through the Company’s trading platform(s); a full list of the financial instruments is available on the trading platform.

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