How to Trade on Cirrus.trade Using Groww Account

Institutional investors and tech-savvy traders have long dominated Algo trading due to the complexity of building and managing automated strategies, the need for advanced technical knowledge, and limited access to affordable, user-friendly trading tools.

To bridge this gap and encourage retail investor participation in algo trading, Groww has partnered with Cirrus.trade. With this partnership, Groww users can now easily automate their trades, access advanced trading strategies, and backtest them with historical data, all through a secure, unified experience. 

Why Use Cirrus.trade?

Before this integration, Groww users faced limitations in automating their trades due to the absence of a public trading API. But now, traders can leverage the following advantages using cirrus.trade

• Visual Strategy Management: Instantly view real-time profit/loss, payoff curves, and analyse multiple strategies with detailed performance metrics.
• Backtest Strategies: Evaluate the effectiveness of trading strategies using historical data to inform future decisions.
• Institutional-Grade Trading Infrastructure for speed-sensitive strategies like scalping and intraday.
• Unified Dashboard: Monitor strategy health, risk, execution, and results across all brokers in a single, unified view.
• Advanced Risk Controls: Implement sophisticated risk management techniques to protect investments.

Prerequisites

To get started with Cirrus.trade using your Groww account, ensure you have the following:

• Active Groww Demat Account
• Groww API Access: Subscribe to Groww's API services at ₹499 + taxes per month to gain access to market data and order placement capabilities.
• Cirrus Account: Create an account on Cirrus.trade to link your Groww Demat account.

Step-by-Step Setup Guide 

1. Log in to cirrus.trade using your mobile number or email address.

2. Click on “Add Broker Account”.

3. Click on “Groww” to add your Groww Demat account. 

4. Enter your “Unique Client Code/Client ID” and click on “Add Account”.

5. Once your Groww Demat account has been added, you can set up your trading preferences. 

Key Features of Cirrus + Groww Integration

• Free Access: Groww users can connect their demat account with Cirrus.trade at no extra cost. 
• No Code Algo Trading: Cirrus.trade connects directly to Groww’s trading API. So, traders can place and manage orders automatically, without writing a single line of code. Just plug in your API credentials, write your logic and start trading.
• Trade Across Segments: Along with algo trading APIs, users can also trade in equity, F&O, and intraday segments
• Backtesting with Historical Data: Test your strategies against historical market data directly within Cirrus.