easyMarkets Launches a New easyTrade Feature - ‘Payout Target’

easyMarkets is delighted to announce the launch of a brand new easyTrade feature – Payout Target.

What is Payout Target?

Our Payout Target feature allows traders to automatically close their position once it reaches a pre-defined price - this price can be below or above the original entry price depending on the direction.

Whether you want to automatically benefit from a trade or wish to mitigate potential losses if the markets move against you, Payout Target is a great solution.

There are no restrictions or extra fees for this feature and our clients can use it whenever they trade.

Please note that you can only use Payout Target when modifying an existing open position.

Alexander St Louis, CIO at easyMarkets said about the new feature:

“Continuing our constant mission to offer the best possible trading experience, and at the request of our clients, we developed Payout Target to help our traders automate their easyTrade trading.

Previously, our clients had to either manually close their position, or wait until their position automatically expired in 1, 3, or 6 hours. But now, our clients can easily close their position once certain conditions are met.

We’re always looking for ways to improve our products, and the addition of Payout Target will most definitely enhance our traders’ experience.”

How to use the Payout Target tool

You can now start trading with Payout Target on our easyMarkets Web Platform and iOS and Android mobile apps. If you have any questions regarding this new feature, please get in touch with our customer support team and they’ll be happy to assist you.