CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. The vast majority of retail client accounts lose money when trading in CFDs. You should consider whether you can afford to take the high risk of losing your money.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. The vast majority of retail client accounts lose money when trading in CFDs. You should consider whether you can afford to take the high risk of losing your money.

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Glossary of terms

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There is currently 1 glossary in this directory beginning with the letter G.
img Good Till Cancelled Order

A Good Till Cancelled order, commonly referred to as a GTC order, is an open order used by traders to [buy] or [sell][financial instruments]. As the name“good till cancelled”suggests, this type of order is valid until the order is either filled or is cancelled by the trader who placed it.

GTC orders can be used for both entering as well as exiting a trade and are the most commonly used order type by traders that operate on a time-sensitive basis. The majority of trading platforms will enforce a time limit onhow long GTC orders are permitted to be open. This limit on the GTC order is referred to as time-in-force. Most GTC orders expire between a 30 to 90-day period.

GTC orders are most useful to traders who are not able to dedicate themselves to trading in a full-time capacity as they can place the order with their broker in the knowledge that the order will be executed should their price be met without them having to carry out any further actions or needing to watch the markets 100% of the time.

The important distinction between a Good Till Cancelled order and a similar type of order, a [Day order], is that a day order expires at the end of a trading day, whereas a GTC order will remain active until either being cancelled by the trader or the maximum time period for the order expiring.

Key Takeaways
  • Good till cancelled orders, or GTC orders, are an open order used to place an order at a pre-determined price. This type of order expires after a set time period if the order criteria is not met.
  • Expiration times for GTC orders are between 30 to 90 days.
  • GTC orders can be used to both enter as well as exit a trade.
  • GTC orders are a great method of trading for traders who cannot dedicate to trading on a full-time basis..

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CFI Financial Group is an award winning global financial markets provider with regulated entities in several jurisdictions, focused on offering impeccable execution and trading conditions including very low spreads and zero commissions, professional services, dedicated support and powerful tools.

With over 22 years of group experience, and recently awarded “Best Online Financial Trading Services, Middle East” for 2020 by Capital Finance International, Credit Financier Invest brings their award-winning CFD platform to London.

CFI Financial Group also has regulated subsidiaries in
Larnaca • Beirut • Amman • Dubai • Port Luis

Credit Financier Invest Limited
16 Berkeley Street
London
W1J 8DZ
+44(0)20-3907-4131
+44(0)20-3907-4132
uk@cfifinancial.com

CFI UK is authorised and regulated by the Financial Conduct Authority (FCA) in the United Kingdom, 828955. Company Registration Number, 11634673

Important Disclaimer:
CFDs are leveraged products that incur a high level of risk and a small adverse market movement may expose the client to lose the entire invested capital. The vast majority of retail investor accounts lose money when trading CFDs with Credit Financier Invest Limited. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. The possibility exists that you could sustain a loss in excess of your deposited funds even if a stop loss is used and therefore, you should not speculate with capital that you cannot afford to lose and be aware of trading risks. Credit Financier Invest Limited provides general information that does not take into account your objectives, financial situation or needs We recommend you read our full Risk Disclaimer.

We do not currently offer our investment /ancillary services to residents of certain jurisdictions such as but not only USA, Sudan, Syria, Republic of Korea and Belgium.

CFI does not offer advice, recommendation or opinion with respect to buying, selling or holding of CFDs. We do not issue financial and/ or otherwise advice to clients.