There are no additional costs associated with GTT orders; the fees charged are equal to those levied on normal orders, allowing traders to have advanced order functionality and not be concerned about additional cost.

Understanding GTT Order Charges

Many traders will question whether GTT orders force them to pay higher fees than a normal order; the answer is no. GTT orders permit traders to automate the buying and selling at pre-specified price points while incurring fee structures identical to normal orders.

Standard Charges Apply

When placing a GTT order, the only fees an investor is charged are the standard brokerage fees, transaction charges, securities transaction tax (STT), GST, and other regulatory charges. GTT orders do not carry hidden or additional costs. GTT orders allow investors to have the performance and convenience of automating their trading, all while still maintaining their cost structure.