Types of Forex Orders - BabyPips.com

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Good for the Day order (GFD) – A good for day order remains active in the market until the end of the trading day, in Forex the trading day ends at 5:00pm EST or New York time. The exact time a GFD expires might vary from broker to broker, so always check with your broker. GFT Forex is a trading platform for international currency trades. Global Futures & Forex, Ltd. provides retail derivatives. It offers futures contracts, as well as online currency trading solutions. The company specializes in market analysis in various futures markets, as well as professional risk management services for companies wishing to ... Good for the Day (GFD) A GFD order remains active in the market until the end of the trading day. Because foreign exchange is a 24-hour market, this usually means 5:00 pm EST since that’s the time U.S. markets close, but we’d recommend you double-check with your broker. GFC and GTC are known as “time in force” orders. GFD order stands for "Good For the Day" order. A GFD order stays active in the market until the end of the trading day. Either it is a pending ord... GFD means “Good For Day”. That means that your order will remain in effect today until it is either completed, you manually exit it, or the day ends. If the market conditions don’t trigger the order today then it will automatically abort and the end of the day.

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