---
title: What is a Take Profit order?
description: This type of order allows you to preset a specific price at which your position will close if the price moves in your favor.
url: "https://ms.wmmarkets.com/knowledge-base/trading/what-is-a-take-profit-order/"
updated: "2024-10-09"
category: Trading
---

# What is a Take Profit order?

This type of order allows you to preset a specific price at which your position will close if the price moves in your favor.