Zingeroo earns revenue from:
1. Commission from transactions
2. Interest on uninvested cash balances
3. Payment for Order Flow (PFOF)
4. Fully paid security lending
Zingeroo is a competitive trading app making the stock market accessible and social. We provide educational content, real-time equity pricing, and competitive events for no additional charge. These fees help us provide these services and events for our users.
Our commitment is to use the commission and interest revenue to continually improve our application by adding new functionality, improving our user experience and providing best in class customer support.
If Zingeroo did not charge a commission, we would need to generate revenue solely from indirect charges, such as Payment for Order Flow (PFOF). PFOF provides brokerage firms revenue in the form of rebates on trades routed through its clearing firm. Zingeroo is committed to providing the best trading experience possible for our client and not to optimize trades based on PFOF revenue.