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What is the GTT Order limitation in Zerodha?

  • Active GTT orders will be in the account for one year or till the price is triggered. After one year of the order being placed, the system automatically cancels the order automatically.
  • Zerodha allowed a maximum of 50 GTT orders per user.
  • The users can only place the GTT order on the app. 
  • The traders can place GTT orders during market hours only.
  • The trader requires to manage their GTT orders; there is no support desk for GTT order management.
  • Active GTT orders are canceled automatically if actions like stock split, dividend more than 5% of the market value, or bonus.
  • Zerodha Kite app-only offers GTT orders for delivery trading and the app. 
  • At the time the GTT order trigger hits, it is only sent to exchange that time. Unlike GTC, where the orders are sent to exchange every morning.
  • Zerodha system automatically places the stock to exchange when the price hits the trigger. The trader needs to set the GTT order manually in case the order gets canceled.

Topic: Zerodha GTT Order FAQs

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