CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 87.41% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Scan to Download iOS&Android APP

What is a GTD order?

Read on for complete good till date order explanation
Share this article

GTD stands for 'good 'til day (or date)' and is a type of order that is active until its specified date, unless it has already been fulfilled or cancelled.

If they haven't been executed, all orders are cancelled at the end of the trading day on the date specified on the order, so GTD orders are used to cover longer periods of time.

Where have you heard about a GTD order?

GTD orders are commonly used by long term investors who may want to buy or sell a lot of securities at a set price.

What you need to know about GTD orders...

Rather than keep setting up the same order each day, a GTD order can be used to keep it open until a certain date.

It's condition-based, which means the order will only be fulfilled if it meets your set parameters (usually when certain prices are reached). Otherwise it will expire on your specified day.

Usually a GTD order is active for a maximum of 90 days.

Related Terms

New to trading? Learn to trade with Capital.com

Related articles

View all articles

Still looking for a broker you can trust?

Join the 475.000+ traders worldwide that chose to trade with Capital.com

1. Create & verify your account 2. Make your first deposit 3. You’re all set. Start trading