What is Attached TP/SL?
The Attached TP/SL feature lets you add a secondary trade to a Limit Order (‘Parent Order’) in Spot instruments.
You can set a Take Profit (TP) Order, Stop Loss (SL) Order, or both. After the Parent Order is fully executed, the Attached Order(s) will be activated, allowing you to automatically lock in profits or limit losses if the TP/SP Trigger Price is hit.
When should I use Attached TP/SL?
You can use Attached Order to automatically capture profits or limit losses, allowing you to manage risk in fast-moving markets.
How do I add an attached TP/SL to a Limit Order?
Follow these steps to add an attached order to a Limit Order:
On the home page, go to Trade > Spot > Order Form > Limit
Input the Price and Quantity of the Limit Order
Click TP/SL and set your desired parameters
Example:
You place a Buy Limit Order for 1 BTC at US$100,000 with the following Attached Orders:
TP trigger price is set at $105,000
SL trigger price is set at $98,000
Once your Limit Order is fully filled, the attached orders activate:
If BTC rises above $105,000, the TP Attached Order is placed while the SL order is cancelled
If BTC falls below $98,000, the SL Attached Order is placed while the TP order is cancelled
Where can I view my existing Attached TP/SL?
From the home page, go to Trade > Open Orders > Attached TP/SL. You will find the current Attached Orders displayed.
What should I be aware of while adding Attached TP/SL?
Funds/margin are not reserved at creation: Attached TP/SL orders require supporting funds/margin only when triggered after the parent order is filled. If sufficient funds/margin are unavailable at that time, the Attached TP/SL orders will be rejected.
Order notional may change: The exchange may adjust the notional order size at its discretion, potentially affecting execution.
Execution timing: Attached TP/SL orders only execute after the parent order is fully filled.
Automatic cancellation: Triggering either the TP or SL cancels the other automatically.
Orders are classified as either spot or margin based on the parent order:
If the parent order is a margin order, the Attached TP & SL will also be placed as margin orders.
Note: Margin trading involves leverage and may expose you to the risk of magnified losses and Margin Calls. Learn more in our Margin Trading FAQ.
If the parent order is a spot order, or if either the base or quote currency is not eligible for short selling, the Attached TP & SL will also be spot orders.
Note: Spot orders require sufficient available balance. If the balance is insufficient, the order will be rejected.
Rejection risks: TP/SL orders may be rejected due to insufficient margin, insufficient funds, or order notional is below/above exchange limits.