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. 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. Global Forex Trading was founded in 1997 as subdivision of Global Futures & Forex, Ltd. Residence, Regulation, and Company Management Structure The company is registered in the US, is registered with the CFTC, and is a member of the FCM. 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. CFD trading and Forex trading have many similarities. First, both types of trading involve a similar trade execution process. Traders can easily enter or exit the market in both rising and falling markets. Second, both CFD trades and Forex trades are executed on the same platform, using similar looking charts and pricing methods.
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Trading Forex - GFD - Good for the day Trendsignal. Loading... Unsubscribe from Trendsignal? Cancel Unsubscribe. Working... Subscribe Subscribed Unsubscribe 1.7K. Loading... Articles et analyses autour du Forex. Click Here: http://b.link/fxx The reality of trading forex full-time. Professional forex trading course lesson 1 by adam khoo. I tried forex day trading for ... GFT Markets is a global leader in online forex trading. GFT Markets believes in making markets more approachable, offering knowledge, value, and services for... We are gonna tell you today all the common mistakes people make in Forex. The list we are discussing is as listed below : -Over-trading -Overlotting -Risk Management -Trading News -Emotions ...