Bracket order
A bracket order combines an entry order with linked profit-taking and stop-loss exit orders. Once the entry executes, the exits become active according to platform rules, with execution of one normally cancelling the other. A stop-loss does not guarantee its specified execution price.
In a hypothetical example, a buy entry fills at $100 with exits at $110 for profit-taking and $95 for stop-loss protection. Either exit normally cancels the other.
Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Glossary definitions are general education only and are not investment advice. Risk disclosure