Cryptocurrency Q&A What does GTC mean in forex?

What does GTC mean in forex?

KatanaBlade KatanaBlade Sat Oct 26 2024 | 7 answers 1755
I'm trying to understand the meaning of GTC in the context of forex trading. Could someone explain what this acronym stands for and how it's used in this field? What does GTC mean in forex?

7 answers

Andrea Andrea Mon Oct 28 2024
Specifically, they typically set a limit of 90 days for a GTC order to remain valid.

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ShintoSanctuary ShintoSanctuary Mon Oct 28 2024
A good 'til cancelled (GTC) order serves as a directive for executing a trade.

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Nicola Nicola Mon Oct 28 2024
This type of order remains active and in effect until it is fulfilled.

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KDramaLegendaryStarlightFestival KDramaLegendaryStarlightFestival Mon Oct 28 2024
Another way a GTC order can cease to be active is when the trader decides to cancel it.

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Stefano Stefano Mon Oct 28 2024
Brokerages often place restrictions on the duration for which a GTC order can stay open.

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