Currently all Zones are solo events. Only your positions are used to determine your leaderboard position (aka rank).
Team Zones will be launched in early 2022 and more details will be shared then. Team Zones will be invitation-based for users to connect and communicate within a Zone. Each user will still manage their individual portfolio. Individual performance across all team members will be averaged to determine team rank on the leaderboard.
All investments involve risk, including the loss of principal. The past performance of a security or financial product does not guarantee future results or returns. Keep in mind that while diversification may help spread risk it does not assure a profit, or protect against loss. Users should consider their investment objectives and risks carefully before investing in securities, including while participating in a Zone. The price of a given security may increase or decrease based on market conditions and customers may lose money, including their original investment. Users are not required to participate in Zones. Each user participates in Zones at their own risk. Communications regarding Zones are provided for information purposes only. “Zones” as well as the “leaderboard” are simply social features of the Zingeroo App and do not constitute a recommendation to a user to buy, hold or sell any security or any other asset.
Options trading entails significant risk and is not appropriate for all investors. Certain complex options strategies carry additional risks. Please review the options disclosure document entitled ‘Characteristics and Risks of Standardized Options’, available in the Disclosure Library.