【Promotion】Loss Covering for Your First Trade - Up to HK$1,000

Promotion is over

For all clients who opened a real account during the promotion period, if there is a loss after closing the first position, we will cover the loss up to HK$1,000!

Despite extremely narrow spreads, Z.com Trade does not charge any trading commission, nor does it have authorized brokers to trade for clients. It all depends on clients' decision whether the trade is successful or not.
At price USD1,315 per ounce of gold, you may open a position with around HK$260 only.

Submit application and open your real account to enjoy the loss covering benefit now.

To Be Eligible

Example:Mr. Lee opened a real account on 1st Apr 2019 and funded USD10,000 into his account.

Mr. Lee then opened a long position of 25 ounces of gold at USD1,315/ounce.
However, Mr. Lee closed the position when the price dropped to USD1,310.
The loss is (1,310-1,315) x 25 = - USD125

Since we will cover Mr. Lee 's loss during the promotion period, he is entitled to obtain a total cover amount of HK$982.5 (The cover amount is calculated in a fixed exchange rate: USD 1: HKD 7.86)

Caution: Your positions will be closed out automatically if net equity falls below 60% of the margin ratio in USD. To prevent positions being automatically closed, clients should always keep the asset above liquidation margin level.

Terms and Conditions

Eligibility and Promotion Period
  1. The promotion is valid from 1st April 2019 to 30th June 2019, both dates inclusive ("the Promotion Period").
  2. To be eligible for the "Loss Covering for Your First Trade - Up to HK$1,000", clients must fulfill all of the following requirements:

    1. The client is required to open a real account directly under GMO-Z.com Bullion HK Limited during the Promotion Period; and
    2. The first bullion/silver trade must be carried out during the promotion period (both opening and closing); and
    3. After closing the first position, there is a loss; and
    4. Each client is restricted to join the campaign once.
Promotion Details
  1. Loss covering calculation

    1. During the promotion period, clients who finished their bullion/silver trade (opening and closing a position) and there is a loss, it shall be covered by Z.com Trade with an upper limit HK$1,000.
    2. If there is a profit after closing the first position, the campaign shall end immediately.
    3. The covering amount shall be calculated in a fixed exchange rate: USD 1: HKD 7.86
Others
  1. Our Client Services team will calculate the cover amount on each Tuesday and fund the amount into applicable clients' account.
  2. Z.com Bullion reserves the right, at our sole discretion, to change these Terms and Conditions and/or modify, discontinue or terminate this Promotion at any time without prior notice. In the event of any dispute, the decision of Z.com Bullion shall be final and conclusive.
  3. The promotion is not available to employees or family members of employees at Z.com Bullion.
  4. In the event of discrepancy between the English and Chinese versions, the English version shall prevail.
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