Punch Protection is a built-in risk management tool that helps you safeguard your trades:
Set stop-loss (SL) and target prices together on your positions.
Works as an OCO (One Cancels Other) order — once SL or target is hit, the other is cancelled automatically.
Includes built-in risk–reward ratios and automation for better discipline.
Yes. With the Protection feature, you can now set a stoploss price and a target price to your position at the same time without requiring any extra margin.
✅ Yes. You don’t always need to set both SL and Target.
While placing a Protection Order, simply toggle off the Target option — your position will then carry only a Stop-Loss.
If you choose to exit a Protected position, your stop-loss and target will be cancelled automatically. This feature is known as auto-cancel.
If you add lots to your protected position, the stop-loss and target will automatically adjust for the existing lots. For example, if you have a protected position of 5 lots and add 3 more, the Protection will still apply to the original 5 lots.
In this case, the Protection will stay on the remaining lots. This feature is known as auto-modify. For instance, if you have a protected position of 5 lots and partially exit 2 lots, the Protection will continue for the remaining 3 lots.
The price you set for the stop-loss and/or target will act as the trigger price for the protection order. This order will be executed with a 5% market protection for added safety.
No. Punch Protection doesn't require any extra margin to set SL (stoploss) and TP (take profit) together.
🚫 Not yet. Currently, Protection Orders only apply to existing positions.
To place SL & Target along with your entry order, you’ll need a Bracket Order — and this feature is coming soon to Punch.
Protection applied to an open position remains valid until it is triggered, the contract expires, or a corporate action occurs.