Zingeroo Zones are optional free events that Z-Squared Securities LLC (“Z-Squared”) customers (i.e., “users”) can enter to see how their portfolios in their Z-Squared brokerage accounts compete against those of other users. The Zingeroo app gives you the opportunity to open a Z-Squared brokerage account and purchase real stocks and trade options. As you manage your portfolio, you can enter any eligible Zone that is still open for registration. Once it starts, you can track your performance against other users. Click here to learn more about Z-Squared brokerage accounts.
Currently, we offer one type of Zone (we have plans to expand Zones throughout the year):
Portfolio – all of your current positions in your brokerage account will be counted in this Zone upon entry. You can buy or sell stocks and options through your brokerage account during the Zone based on your investment objectives.
Each Zone lasts for a defined length of time. Specific terms for each Zone are provided when you join a Zone, terms and conditions may change per Zone.
You have to have a Z-Squared brokerage account in order to join a Zone but you do not have to hold or buy any securities in order to participate. In the event that you do not hold any securities, your rank will then be based on a 0% gain.
IMPORTANT DISCLOSURES:
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.