Capital 19
Pros and Cons
Pros
- Regulated by the Australian Securities and Investments Commission (ASIC)
- Diverse trading instruments including forex, stocks, options, and commodities
- Advanced trading platforms: MT4, web version, and mobile app
- Multiple account types catering to various trader needs
- Strong customer support with various communication channels
Cons
- Limited regulatory transparency raises trust concerns
- Higher fees for small trading volumes
- Complicated account opening process requiring printed documents
- Single account currency (AUD) leads to conversion fees
- Insufficient educational resources for traders
Basic Information
User Reviews
Capital 19 Overview
Capital 19, officially known as Capital 19 Pty Ltd, is an Australian forex broker established approximately 10 to 15 years ago, making it a well-established player in the financial services industry. Headquartered in Sydney, Australia, Capital 19 operates under regulatory supervision, being licensed by the Australian Securities and Investments Commission (ASIC) with the license number 441891. This regulatory oversight ensures that the broker adheres to stringent standards, fostering a sense of trust and reliability among its clients in the competitive forex trading landscape.
Capital 19 offers a diverse range of trading instruments, with a particular focus on forex trading, among other asset classes. The broker provides advanced trading platforms that support various functionalities, enabling traders to access markets efficiently. Customer support is available to assist users, offering multiple channels for communication. Capital 19 aims to differentiate itself through its commitment to providing exceptional service and a robust trading experience, positioning itself as a reliable choice for both novice and experienced traders seeking opportunities in the forex market.
Is Capital 19 Safe? Regulation Analysis
Regulatory Information
| Regulatory Authority | Country/Region | Fund Protection Measures |
|---|---|---|
| Australian Securities and Investments Commission (ASIC) | Australia | Segregated Funds, Professional Liability Insurance, Membership in Australian Financial Complaints Authority (AFCA) |
Is Capital 19 Regulated and How Are Client Funds Protected?
Capital 19 is regulated by the Australian Securities and Investments Commission (ASIC), holding license number 441891. This regulatory oversight assures clients of the broker’s compliance with rigorous standards set forth by ASIC. Client funds are protected through various measures, including segregated accounts that separate client funds from the broker’s operational funds, ensuring that they are safeguarded in the event of financial difficulties. Additionally, Capital 19 offers a professional liability insurance program, providing coverage for losses resulting from the company’s unlawful actions, thereby enhancing the safety of client investments. Furthermore, as a member of the Australian Financial Complaints Authority (AFCA), clients have access to dispute resolution services, reinforcing the broker’s commitment to fair treatment and investor protection.
Trading Products and Services
What trading instruments does Capital 19 offer?
| Asset Category | Available Products | Total Count (if available) |
|---|---|---|
| Forex | Major Pairs / Examples | Many |
| Commodities | Gold, Oil | Varies |
| Indices | S&P 500, NASDAQ | Varies |
| Stocks | US, UK | Varies |
| Cryptocurrencies | BTC, ETH | Varies |
Capital 19 offers a diverse range of trading instruments across multiple asset categories, including Forex, commodities, indices, stocks, and cryptocurrencies. This variety enables traders, whether beginners or experienced professionals, to tailor their trading strategies according to their individual preferences and goals. With access to popular Forex pairs, commodity assets like gold and oil, and a selection of major stock indices, traders can effectively diversify their portfolios. This flexibility supports a wide range of trading strategies, allowing clients to adapt to market conditions and optimize their investment opportunities.
Account Types and Trading Conditions
What Account Types and Fees Does Capital 19 Offer?
| Account Type | Target User Group | Essential Characteristics | Applicability Notes |
|---|---|---|---|
| Individual Account | Retail traders | Designed for independent trading of financial instruments | Suitable for personal investing; can open online or in-person |
| Joint Account | Multiple traders | Allows shared management of investment portfolios | Ideal for partnerships or family investments |
| Corporate Account | Institutional clients | Supports bulk trading needs | Requires corporate documentation for setup |
| Trust/SMSF Account | Trust funds or self-managed super funds | Meets compliance investment requirements | Specific eligibility criteria apply |
| Demo Account | New traders | Practice trading without financial risk | Helps familiarize users with the trading platform |
Account Opening Process
To open an account with Capital 19, follow these steps: First, submit personal details including your name, contact information, and preferred account type through the company’s website. Next, you will receive an application form via email. Print, complete, and scan the form, then send it back along with identity verification documents such as an ID and proof of address. If you plan to trade options or futures, additional forms regarding risk tolerance may be required. The process allows for account flexibility, as you can upgrade to a professional account later if desired.
Trading Fees
| Product | Spread (pips) | Commission | Notes |
|---|---|---|---|
| Forex (Major Pairs) | Varies | $0 (ECN: $3.5/lot) | Tight spreads available for major pairs |
| CFDs (Stocks) | Varies | Varies based on trade size | Commission structure based on market |
| CFDs (Indices) | Varies | Varies based on trade size | Commission structure based on market |
| CFDs (Commodities) | Varies | Varies based on trade size | Commission structure based on market |
| Cryptocurrencies (BTC/USD) | 1.0% | 0.1% | Variable depending on market conditions |
Other Fees
Capital 19 may charge various fees including: deposit/withdrawal fees, which may vary based on transaction methods; inactivity fees for accounts that remain dormant for extended periods; and overnight interest (swap rates) on leveraged positions. Additionally, currency conversion fees may apply when trading in non-AUD currencies. It’s important for traders to be aware of these potential costs to effectively manage their trading expenses.
Trading Platforms and Apps
What Trading Platforms and Apps Does Capital 19 Offer for Traders?
| Platform | Device Support | Key Features | Additional Services |
|---|---|---|---|
| MT4 | Windows, macOS, iOS, Android | 2FA, multiple order types, price alerts, technical indicators | Demo account, VPS |
| Web Version | Any device with a web browser | Encryption, symbol lookup, one-click trading, push notifications | Demo account |
| Mobile App | iOS, Android | Biometric login, market search, price alerts, push notifications | Demo account |
Each platform offered by Capital 19 has distinct advantages. MT4 suits advanced traders with its comprehensive tools for technical analysis and automated trading. The web version provides easy access from any browser, ensuring traders can operate without needing to download software. The mobile app enhances flexibility, allowing users to trade on the go with robust security measures and real-time alerts. Overall, Capital 19 supports mobile trading, secure logins, quick order execution, and efficient search tools, making it suitable for a variety of trading preferences.
Deposit and Withdrawal
Deposit and Withdrawal Options
| Payment Method | Processing Time | Fees | Limits | Base Currency Options |
|---|---|---|---|---|
| Bank Transfer | 1-3 business days | No platform fee | Min 100 AUD, Max 50,000 AUD | AUD, USD |
| Credit/Debit Card | Instant | No platform fee | Min 50 AUD, Max 20,000 AUD | AUD, USD |
| e-Wallet (e.g., PayPal) | Instant | 1.5% charge | Min 50 AUD, Max 10,000 AUD | AUD, USD |
| Cryptocurrency | Instant | No platform fee | Min 0.01 BTC, Max 5 BTC | AUD, USD |
Minimum Deposit
Capital 19 requires a minimum deposit of 50 AUD for most payment methods. However, this amount may vary based on the chosen payment method or account type. For instance, some payment methods may have higher minimum requirements, while certain account types may offer reduced minimums.
How to Withdraw
To withdraw funds from your Capital 19 account, follow these steps: 1. Log in to your Capital 19 account. 2. Navigate to the ‘Withdrawal’ section in your account dashboard. 3. Select your preferred withdrawal method (e.g., bank transfer, e-wallet). 4. Enter the withdrawal amount and any necessary account details. 5. Confirm the withdrawal request. 6. Monitor the processing status and check your account for the funds within the specified time frame.
Customer Support
Capital 19 Customer Support Overview
Support Channels
Capital 19 provides various support channels to ensure that customers receive the help they need. Clients can reach out via:
- Email: Customers can send inquiries to capital19@capital19.com.
- Live Chat: Accessible through the broker’s website for instant assistance.
- Telephone: Customers can call +61 2 9002 0360 for support.
- Social Media: Stay connected with Capital 19 through their official social media channels for updates and support.
Service Availability
Capital 19 offers customer support during business hours, with availability from Monday to Friday. Multilingual support is also provided, catering to a diverse clientele.
Frequently Asked Questions
Capital 19 is regulated by the Australian Securities and Investments Commission (ASIC) and employs several protective measures for client funds. These include segregated accounts that keep client funds separate from the broker’s operational funds, professional liability insurance for losses due to unlawful actions, and membership in the Australian Financial Complaints Authority (AFCA) for dispute resolution.
Capital 19 offers a diverse range of trading instruments, including forex (major pairs), commodities like gold and oil, major indices such as the S&P 500 and NASDAQ, stocks from the US and UK, and cryptocurrencies like Bitcoin and Ethereum. This variety allows traders to tailor their strategies according to their preferences.
To open an account with Capital 19, you need to submit personal details through their website. After that, you will receive an application form via email, which must be printed, filled out, and returned along with identity verification documents. The process is designed to ensure compliance and security, and you can upgrade to a professional account if desired.
Capital 19 offers multiple support channels to assist clients, including email support, live chat through their website for instant assistance, and telephone support at +61 2 9002 0360. Additionally, they maintain a presence on social media for updates and interactions. Customer support is available during business hours from Monday to Friday.
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Risk Disclosure
Trading forex/CFDs via brokers carries high risks, including potential total loss. For any data changes, please refer to the latest information on the brokers' official websites. Trade with caution and seek independent advice.