How to Deactivate F&O in Upstox?

Deactivating F & O in Upstox is a pretty simple process. Trading has a lot of benefits, but one cannot ignore the risk factors. If you are someone who is trading on Upstox and you are apprehensive about the risks involved, you can deactivate F & O anytime. This article guides you through the steps involved in the deactivation.

‘Futures’ and ‘options’ (F & O) are commonplace terms in the financial world, that represent agreements to buy or sell assets at predetermined prices in the future. It gives you leverage of controlling bigger positions with less money, which can lead to higher profits. It also helps you to protect your investments from losses in the regular market. They give the tools the traders need to deal with the complex world of price changes in various assets.

Master stock trading with us. Enroll now for a free demo!

Deactivating F & O in Upstox

Future & options trading is complex and needs a good understanding of the market and strategies. There are several risks due to leverage and market fluctuations. Those who do not have a good understanding of how it works, may not understand the risks involved. You may suffer huge losses if you do not manage the risk or if you do not take profits when they are available. A study by the Securities and Exchange Board of India (SEBI) found that 89% of individual traders in the equity F&O segment lost money in FY22.

If you do not have a clear cut knowledge of the risks involved in F & O, you should deactivate it and take the time to learn about the market and develop a trading strategy that suits your risk tolerance.

Steps to Deactivate F & O in Upstox

The following steps will help you deactivate F&O trading on Upstox:

Step 1: Login to account.upstox.com using your registered mobile number or scan the QR code. If you are logging in using your mobile number, you will get a One Time Password (OTP) to verify your mobile number. If you are logging in using the QR code, scan the code on Upstox mobile app and login instantly. 

Step 2: Click on ‘My Account’.

Step 3: From the dropdown menu, click on ‘Activate F&O, MCX’. If you are using the mobile app, navigate to ‘Profile’ and click on ‘Trading segments’ under ‘Profile.’ You will be redirected to the segment activation page.

Step 4: Click on ‘Kill Switch’ to disable the segment.

Step 5: Click on any active segment that you want to disable. Then click on ‘Save Changes’.

Step 6: Read the conditions and click on ‘I understand’.

Step 7: You will get a six digit OTP on your registered email ID. Then click on ‘Continue’.

Step 8: Now you have successfully deactivated F & O.

Once disabled, you can re-enable your segment after 24 hours from the last date and time when you disabled it.

Trading in F&Os can be a profitable venture, but it is also a risky one. By being aware of the risks and taking the necessary precautions, you can increase your chances of success. A trading mentor or a good course can help you develop a trading strategy that is right for you.

Master stock trading with us. Enroll now for a free demo!

Learn Stock Trading with Entri App

Our top-tier online Stock Market Course offers comprehensive learning that equips you with skills to confidently navigate stock complexities. Our expert instructors cover trading basics to advanced strategies, using real-world cases and simulations for practical insights in analysis, risk, and diversification. It is suitable for all levels, from beginners to experts. This course enables informed decisions for financial triumph. Enroll now to start your journey as a confident investor.