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Is GTT free in Zerodha?
Yes, GTT in Zerodha is free. There are no charges to use the GTT feature in Zerodha. However, when the GTT order gets executed, you need to pay the applicable brokerage, Demat charges, and exchange transaction charges.
Is GTT free in Zerodha Quora?
Does Zerodha charge for GTT? – Quora. GTT is absolutely free of charge to use. You don’t need to have any cash or margins available in your account to create a GTT. The system only checks for margins when the GTT is triggered and an order needs to be placed on the exchange.
Can we use GTT for options in Zerodha?
Yes, GTT orders are available for F&O contracts. If you place a GTT for a contract that isn’t allowed for trading by Zerodha, the order will get rejected when it is triggered. The onus to check for any pending GTTs for a scrip before placing another order is on you.
Does Zerodha charge for transaction?
Zerodha, the discount stock broker offers commission-free equity delivery trading and Mutual Funds. It charges flat Rs 20 or 0.03\% (whichever is lower) per executed order brokerage for trades in Intra-day and Equity, Currency and Commodity Derivatives (F&O). You pay 0.03\% (maximum Rs 20 per executed order).
Is GTT a stoploss?
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).
What is GTT stop loss in Zerodha?
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 do I cancel GTT in Zerodha?
Steps to cancel GTT orders in Zerodha:
- Go to the GTT tab of the Order Book.
- Select the order you want to cancel.
- Click on the Delete button to remove the order from the GTT tab.
- If the trigger gets hit, the order moves to the Pending order window.
- Click the GTT order you want to cancel.
What happens if I delete GTT in Zerodha?
A triggered GTT order can be canceled from the Pending Orders before it gets executed. Once the trigger condition gets hit, the status of such GTT order under GTT tab gets updated to ‘Triggered’ and moves to the Pending order tab.
How much is Zerodha GTT for 3 months?
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. Post this tenure, the Zerodha GTT pricing for orders shall be solely decided by the broker only.
Does Zerodha provide good till cancelled (GTC) orders?
Zerodha doesn’t provide Good Till Cancelled (GTC) Orders. Instead of GTC, it provides Good Till Triggered (GTT) Orders. GTT orders are available in Zerodha Kite Web only. In GTT order you specify 2 prices; a trigger price and the order price. The order is placed to the exchange when the trigger price is reached.
What is set trigger in Zerodha GTT order?
Dive in to learn more. For a Zerodha GTT order, the set trigger is valid only once. Any non-execution due to whatever reason will require you to place the order again. Also, if the Last Traded Price (LTP) of a scrip tends to be higher than the selected trigger price, the order will be placed at the selected limit price.
What is the meaning of ggtt in Zerodha?
GTT in Zerodha is an acronym for the Good Till Trigger featureoffered by Zerodha that lets the investor select a trigger price and a set of predetermined conditions that as and when are met, an order is placed automatically. Detailed Answer