An electronic device and a method for forming a Wi-Fi direct group thereof are provided. The electronic device may include a housing, a wireless communication circuit, at least one processor, and a memory. The memory may cause the at least one processor to receive a first list of wireless channels for a direct connection from a first external device, establish, as a group owner, a first wireless connection with the first external device acting as a group client by using a first channel selected from the first list, listen for a probe request over a second channel every selected time period, receive the probe request from a second external device during the selected time period through the second channel, transmit a probe response to the second external device, receive a second list of wireless channels for a direct connection from the second external device, and select a third channel.