Types of Forex Orders - BabyPips.com

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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... 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. FOREX.com is a trading name of GAIN Global Markets Inc. which is authorized and regulated by the Cayman Islands Monetary Authority under the Securities Investment Business Law of the Cayman Islands (as revised) with License number 25033. FOREX.com may, from time to time, offer payment processing services with respect to card deposits through ... Seems GFT like 99% of the forex brokers out there are nothing more then a bucket shop. I'm thinking about switching to futures now. Its hard enough to make money trading, last thing you wanna worry about is the f***ing bucket shop playing games with you. Trade Monster 12/11/2009 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.

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