# Close Position

Close your position at your desired price.

| Step                                                      | Description                                                                                                                                                                                                                                             |
| --------------------------------------------------------- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |
| <ol><li>Receive the profit/remaining collateral</li></ol> | <p></p><p>All fees will be deducted from your collateral and sent to the MLP</p><p></p><p>You can only choose the token to receive the profit/remaining collateral in for Market Close Order</p><p></p><p>Slippage is fixed</p>                         |
| <ol start="2"><li>Pay Fees</li></ol>                      | <p></p><p>Close Fee, Execution Fee, and Holding Fee are charged when closing positions</p><p></p><p>Fees are deducted from your collateral before sending the profit/remaining collateral to your wallet</p><p></p><p>See Fees for more information</p> |


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