Free Equity Delivery
Flat ₹10 per Trade in Intraday & F&O
A GTC order stays active until executed or cancelled, letting investors set buy/sell targets without daily re-entry or market monitoring.
Zerodha (Flat Rs 20 Per Trade)
Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.
A Good-Til-Cancelled (GTC) Order is a type of stock market order that remains active until it is either executed or manually cancelled by the investor. Unlike a regular day order that expires at the end of a trading session if not executed, a GTC order provides extended validity, making it convenient for investors who have specific price targets in mind.
GTC orders are especially useful for long-term investors and traders who do not wish to monitor the market continuously. By placing a GTC order, they can predefine their buy or sell price and let the system execute automatically when the market reaches that level.
Key features of GTC orders:
Extended Validity – Stays active for days, weeks, or even months (depending on broker policies).
Automation – Executes automatically once the price condition is met.
Flexibility – Can be set for both buy and sell orders.
Convenience – Saves time and avoids daily order placement.
Control – Helps investors stick to disciplined trading strategies without constant monitoring.
In short, GTC orders allow investors to “set and forget” their trades while ensuring opportunities are not missed due to market timing.
Answered on
