How to Place GTT order in Groww?

GTT stands for Good Till Triggered. It remains active in the market until it reaches the set price limit. Investors place this type of order by specifying a price limit. The order executes once it matches the set price.

Steps To Place GTT Order in Groww

1. Open the Groww app on mobile/web.

2. Search the stock in the search bar and pick the stock.

3. Tap the “settings” option.

4. Set the order to “GTT Order”.
5. Now set the “Quantity and Trigger Price”.

6. Tap on “Buy”.

7. A GTT order will be placed.

Placing GTT orders on Groww is easy. Just follow the steps above to place orders safely. Investors can also place other types of orders on the Groww app, such as limit orders and stop-loss orders. It all depends on how investors choose to utilize their funds.

GTT Order Benefits

Saves Time: The order executes automatically, saving investors valuable time.
Easy to Place: GTT orders are simple to place on the Groww app.
No Charges: There are no charges for placing GTT orders.
Efficient: GTT orders help automate trading, making the process more efficient.

Conclusion

The main advantage of GTT orders is that the price limit can be set accordingly. GTT order is valid for one year only on the Groww app. And the order will automatically be placed as it hits the trigger price limit. So investors do not need to worry about the execution of the order. Therefore this explains How To Place a GTT Order in Groww. For any queries comment down below.