Orders & Execution
Beginner
Good ‘Til Cancelled (GTC)
Also called: GTC
An order that remains active until it fills or you manually cancel it.
Definition
GTC is the default expiry behaviour for most retail FX brokers — pending orders sit until they fill, you cancel them, or some far-future broker-enforced limit (often 90 days).
Contrast with day orders (expire at session end) or ‘good until date’ orders (expire on a specified date).
Example
You place a buy limit at 1.0750 GTC on Monday. Price never reaches it that week. The order is still live next Monday — and the Monday after — until you cancel or it fills.
Why it matters
Forgotten GTC orders are a classic source of unwanted fills. Review your pending list weekly.