New Feature Alert - F&O Pause on Groww

21 June 2024
2 min read
New Feature Alert - F&O Pause on Groww
whatsapp
facebook
twitter
linkedin
telegram
copyToClipboard

Trading involves a lot of risks. At Groww, our top priority is to be a responsible Stock Broker by building innovative products and offering services to mitigate risks and inculcate responsible trading behaviour.

We understand that trading in Derivatives (F&O) can be intense, and customers may need a breather from time to time. Often, some of our F&O customers reach out to us seeking temporary deactivation of their F&O accounts. Addressing this feedback, Groww is launching F&O Pause - a DIY feature to empower customers to take control of their trading journey by providing them with the flexibility to pause F&O trading while keeping other investments like stocks and mutual funds active on the Groww app.

Through Pause, we aim to help traders curb the temptation to trade when they have either hit their profit goals or their loss threshold in a given time period.  

What is the ‘Pause’ feature on Groww?

‘Pause’ is a recently introduced feature on Groww specifically designed for F&O traders. This feature enables customers to temporarily halt trading in F&O contracts. Customers have the flexibility to pause and unpause at their convenience. The feature aims to curb impulsive trading following substantial profits or losses, providing traders with the opportunity to reassess their strategies and emotions.

📣 IPOs to look out for
Companies
Type
Bidding Dates
SMECloses Today
SMECloses Today
SMECloses 26 Jul
SMECloses 26 Jul
SMECloses 29 Jul

How to Set F&O Pause Feature on Groww? (download the latest version)

Here, we have outlined the necessary steps to set the ‘Pause F&O Trading’ feature on the application:

Step 1: Go to the "My Account" section on the Groww application. 

Step 2: Click on “Account Details” and select “F&O Pause”.

Step 3: Slide to “Pause F&O”. Before enabling Pause, ensure that all open orders are cancelled, and all open positions are squared off.

Step 4: Click on ‘Pause F&O’. Once done, a screen will appear, stating ‘F&O Trading is paused’.

Points to Consider

  • The Pause feature allows F&O customers on Groww to temporarily disable trading in F&O. However, they can continue investing in mutual funds and stocks if the pause feature is enabled. 
  • Customers can easily enable or disable the Pause feature at any time. Simply navigate to the ‘Pause’ screen and slide  to  ‘Resume F&O’ option. 
  • Groww does not charge additional fees to use or access the ‘Pause’ feature. 
  • 'Before enabling Pause, customers need to first cancel all their open orders and/or square off/exit all their open positions to prevent any further trades in F&O segment'.

Disclaimer

The stocks mentioned in this article are not recommendations. Please conduct your own research and due diligence before investing. Investment in securities market are subject to market risks, read all the related documents carefully before investing. Please read the Risk Disclosure documents carefully before investing in Equity Shares, Derivatives, Mutual fund, and/or other instruments traded on the Stock Exchanges. As investments are subject to market risks and price fluctuation risk, there is no assurance or guarantee that the investment objectives shall be achieved. Groww Invest Tech Pvt. Ltd. (Formerly known as Nextbillion Technology Pvt. Ltd) Ltd. do not guarantee any assured returns on any investments. Past performance of securities/instruments is not indicative of their future performance.
Do you like this edition?
ⓒ 2016-2024 Groww. All rights reserved, Built with in India
MOST POPULAR ON GROWWVERSION - 5.1.9
STOCK MARKET INDICES:  S&P BSE SENSEX |  S&P BSE 100 |  NIFTY 100 |  NIFTY 50 |  NIFTY MIDCAP 100 |  NIFTY BANK |  NIFTY NEXT 50
MUTUAL FUNDS COMPANIES:  GROWWMF |  SBI |  AXIS |  HDFC |  UTI |  NIPPON INDIA |  ICICI PRUDENTIAL |  TATA |  KOTAK |  DSP |  CANARA ROBECO |  SUNDARAM |  MIRAE ASSET |  IDFC |  FRANKLIN TEMPLETON |  PPFAS |  MOTILAL OSWAL |  INVESCO |  EDELWEISS |  ADITYA BIRLA SUN LIFE |  LIC |  HSBC |  NAVI |  QUANTUM |  UNION |  ITI |  MAHINDRA MANULIFE |  360 ONE |  BOI |  TAURUS |  JM FINANCIAL |  PGIM |  SHRIRAM |  BARODA BNP PARIBAS |  QUANT |  WHITEOAK CAPITAL |  TRUST |  SAMCO |  NJ