How do I place a GTT order?
With a GTT buy order, when the trigger price is hit, a buy order with the limit price mentioned is placed on the exchange.
Sell GTT is used to exit current stock holdings, either just a target order or both stoploss and target where triggering of one will cancel the other (OCO)..
Can I use GTT for intraday?
GTT orders are not allowed for intraday and F&O trades. It is only allowed for equity delivery segment.
Does Zerodha charge for Cancelled orders?
No, Zerodha doesn’t charge brokerage or any other fees for canceled orders. If for some reason you cancel your orders, you won’t be charged any fees.
What is OCO in Zerodha?
OCO (One Cancels the Other) trigger When you buy stocks, you can place an OCO trigger where you can set a stop-loss and target trigger %. When either of the triggers is hit, the order is placed at the exchange and the other trigger is cancelled. You will get the GTT trigger option when you place a CNC buy order.
How does GTT order work in Zerodha?
How does the GTT feature work? GTT is a feature which allows you to set a trigger price, such that; if your trigger price is hit in a future date, a limit order will be placed on the exchange as per the limit price and preset conditions set by you.
Is GTT in Zerodha free?
All Zerodha GTT orders are free for the first 3 months. This is an introductory offer, hence you can place GTT orders for free during this specified tenure.