Cryptocurrency Q&A
What is GTC forex?
What is GTC forex?
DigitalDragonfly
Thu Jul 25 2024
|
7 answers
1475
Good day, could you kindly elaborate on the concept of GTC forex for those who may not be familiar with the term? I understand it's related to foreign exchange trading, but what exactly does GTC stand for and how does it impact the trading process? Additionally, how does it differ from other types of orders commonly used in the forex market?
7 answers
QuasarGlider
Sat Jul 27 2024
In the world of cryptocurrency, exchanges like BTCC offer a range of services that cater to traders' needs, including spot trading, futures trading, and wallet services.
Was this helpful?
317
96
Martino
Sat Jul 27 2024
This type of order allows an investor to place a buy or sell order for a security that remains active in the market until the order is executed or manually canceled by the investor.
Was this helpful?
294
83
Andrea
Sat Jul 27 2024
The main advantage of GTC orders is that they provide traders with more control over their trades and do not require constant monitoring of the market.
Was this helpful?
138
66
CryptoLordess
Sat Jul 27 2024
However, brokerages often impose a time limit on how long a GTC order can remain active, typically 90 days.
Was this helpful?
59
27
WhisperWind
Sat Jul 27 2024
Good 'til canceled (GTC) orders are a popular trading tool for investors looking to execute trades with flexibility.
Was this helpful?
357
34
Load 5 more related questions
