According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
- 1
- Trader Workstation
- No
- Minimum fee rate applies
Our Evaluation of Capital 19
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
Capital 19 is a broker with higher-than-average risk and the TU Overall Score of 4.95 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by Capital 19 clients on our website, Traders Union expert Anton Kharitonov recommends users to consider a more reliable broker with better conditions, as, according to reviews, many clients of this broker are not satisfied with the company’s work.
Capital 19 is a regulated company offering access to a wide range of trading assets listed on exchanges worldwide.
Brief Look at Capital 19
Capital 19 is an agent providing access to over 100 stock exchanges and 19 markets through the Trader Workstation (TWS) platform. Its clients’ trades are executed by Interactive Brokers. Capital 19 is headquartered in Australia and provides its services under an ASIC (the Australian Securities and Investments Commission) license number AFSL 441891. The company has been on the market since 2007 and fulfills all its obligations to meet strict regulatory requirements.
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- Partnership with Interactive Brokers, highly-reputable and regulated U.S. broker;
- Availability of an ASIC license;
- Proprietary professional liability insurance program and membership in the Australian Financial Complaints Authority (AFCA);
- Wide choice of trading instruments, markets, and stock exchanges;
- Ready-made asset portfolios and free assistance from investment experts;
- TWS with built-in tools for in-depth market analysis;
- No fees for account maintenance, platform usage, or phone orders.
- Higher fees for investors with smaller trading volumes;
- The account opening requires submitting printed applications and documents via email;
- AUD is the only account currency, which results in conversion fees when trading on exchanges outside Australia.
TU Expert Advice
Financial expert and analyst at Traders Union
Capital 19 is a regulated stock exchange agent allowing its clients to buy and sell financial instruments listed on exchanges worldwide. These include stocks, options, futures, and currencies. The company pays special attention to the U.S. stock market since it is the largest and the most liquid.
While not being a member of any exchange, Capital 19 partners with the Australian branch of Interactive Brokers. Trading is conducted on TWS platforms offered by Interactive Brokers or by phone. Yet, Capital 19 acts as an agent and organizer for trading securities on the exchange chosen by a client.
Capital 19 is committed to fair relations with investors, so it does not withhold hidden fees for maintenance, platform usage, phone trading, or processing stop orders. The analysis shows that the lowest fees apply to trading on Australian, Canadian, and EU exchanges. Note that the only account currency is AUD, so conversion fees are imposed on trading on non-Australian exchanges.
Capital 19 Summary
Your capital is at risk. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
| 💻 Trading platform: | Trader Workstation |
|---|---|
| 📊 Accounts: | Demo, Individual, Joint, Company, and Trust/SMSF |
| 💰 Account currency: | AUD |
| 💵 Deposit / Withdrawal: | Visa, Mastercard, and bank transfers |
| 🚀 Minimum deposit: | $1 |
| ⚖️ Leverage: | No |
| 💼 PAMM-accounts: | No |
| 📈️ Min Order: | 0.01 |
| 💱 EUR/USD spread: | From 0 pips |
| 🔧 Instruments: | Stocks, stock options, futures, options on futures, and currency options |
| 💹 Margin Call / Stop Out: | No |
| 🏛 Liquidity provider: | Interactive Brokers |
| 📱 Mobile trading: | Yes |
| ➕ Affiliate program: | Yes |
| 📋 Order execution: | Market |
| ⭐ Trading features: | Minimum fee rate applies |
| 🎁 Contests and bonuses: | No |
Capital 19 provides for placing orders by phone or email, and through the TWS platform without charging additional fees for this service. All orders are Good Till Canceled (GTC) by default. Stop-loss orders are not guaranteed: the broker tries to execute them at the price set by a trader but does not guarantee that it can be done.
Capital 19 Key Parameters Evaluation
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Trading Account Opening
Capital 19 offers an opportunity for online registration. To open an account, follow the below instructions:
Go to the company’s official website and click the “Open an Account” button at the top of the screen.
Fill in a short registration form by providing your first and last names, phone numbers, and email. Choose the preferred account type.
Next, check your email for an application sent by Capital 19. Print, fill in, scan, and send the application to email. Also, attach scans of your ID documents. If you are interested in trading options or futures, additionally fill in an attached risk tolerance form and a questionnaire on derivatives.
Regulation and safety
Capital 19 is registered with ASIC under the number AFSL 441891. It offers its professional liability insurance program providing its clients with coverage of up to USD 2 million for losses resulting from the company's unlawful actions.
The company is a member of the AFCA and resolves complaints of traders who suffer from the misconduct of financial organizations. If a broker’s error is proven, traders can get legal protection that ranges from refund for fees and lost assets to entire loss coverage.
Advantages
- Operation since 2007 and the availability of an ASIC license
- ASIC regularly audits the financial performance of the company
- Partnership with Interactive Brokers listed on stock exchanges
Disadvantages
- Complicated account opening procedure
- Traders are required to pass an exam on the basics of stock exchange trading
- The company may decline account applications
Commissions and fees
| Account type | Spread (minimum value) | Withdrawal commission |
|---|---|---|
| Individual | $20 | Bank fees |
According to the internationally recognized base rate, interest is calculated daily, on both long and short positions. This fee can be positive or negative.
The table below, compiled by TU experts, provides a comparison of average fees for trading through Capital 19, Ally Bank, and Charles Schwab.
Account types
Capital 19 allows retail clients to invest in stock assets through Individual accounts. It can be opened online by completing a special form on the company’s website or by visiting its Sydney office.
Account type:
Before opening a live account, traders can test the trading conditions with a demo Paper Trading account to explore the platform and range of assets. In addition to the Individual account, Capital 19 offers various account types to suit different needs, including Joint, Company, Trust, and SMSF (Self-Managed Super Fund).
Deposit and withdrawal
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Profits can be withdrawn to a client’s bank account or bank card. Withdrawals to third parties are not allowed.
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To be eligible for withdrawals, traders are required to pass verification during the registration process.
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Withdrawal fees vary depending on the trader's country of residence. Australian residents enjoy the benefit of zero withdrawal fees. For residents outside of Australia, withdrawal fees are determined by the banks involved in the transaction.
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Since the account currency is AUD, conversion fees apply to profits earned from trading foreign securities.
Investment Options
Capital 19, an exchange agent, specializes in long-term investment in securities and derivatives, catering to those focused on long-term growth rather than short-term speculation. Capital 19 offers investment advisor support so that traders can seek assistance on specific trades or strategies by phone from a dedicated personal manager. Additionally, for those new to investing or short on time, Capital 19 provides access to ready-made portfolios.
Model portfolios from Capital 19
Capital 19 clients are offered four types of diversified portfolios:
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Dividend Growth Portfolio. It consists of dividend-paid stocks from 24 companies and implies a minimum holding period of 5 years.
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Global Growth Portfolio. It includes 20-40 securities listed on U.S. exchanges. It is recommended for long-term investors with a minimum investment period of 5 years.
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Top 30 Stocks Portfolio. Instead of a traditional ready-made portfolio, Capital 19 offers a list of stocks that have been experiencing price growth over the past month. Based on forecasts from at least 4 analytical centers, this list highlights potentially promising assets.
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Algorithmic Model Portfolio. It is built by a computer program based on daily market analysis. Traders receive trading signals for a maximum of 10 positions and decide on buying or selling an asset for the short term.
If you are a large investor and plan on investments over $10,000, contact us at vip-invest@tradersunion.com or by the feedback form on our website. Our professional team will take you through all the intricacies of the deal and all the steps from signing up to withdrawal of profits.
Partnership program from Capital 19:
Capital 19 offers a referral program. Traders who attract new clients, receive monetary rewards of either one-time accrual or ongoing fees per referral’s trade. The second option implies that the company shares a part of its income with a partner, therefore it doesn’t charge referrals with any additional fees.
Customer support
Capital 19’s working hours are 09:00-18:00 (AEDT) Monday through Friday. During this time, all communication channels are available.
Advantages
- High-quality support is provided on any issues
- All trader requests are processed
Disadvantages
- Limited working schedule
- Live chat is not available
Available communication channels are:
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Phones;
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Email;
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Feedback form.
Upon registering their user accounts, traders are assigned a personal mentor from Capital 19. For prompt assistance, email your mentor directly or request a callback.
Contacts
| Registration address | Capital 19 Pty Ltd, Suite 303, 35 Lime Street, Sydney, NSW 2000 |
|---|---|
| Regulation | ASIC |
| Official site | https://capital19.com/ |
| Contacts |
+61 2 9002 0360
|
Education
Capital 19 does not focus on educating traders, however, its clients can participate in webinars covering important market topics.
To learn how to use TWS, create a Paper Trading account on the platform. This demo account provides access to all trading tools offered by Capital 19.
Detailed Review of Capital 19
The name Capital 19 reflects the core of the company’s activities — providing access to 19 world markets to invest in a diverse range of assets. Additionally, its clients get informational and technical support and can place and close orders by phone free of charge. The company’s executing broker is Interactive Brokers which has been operating since 1978 and is one of the most reliable international companies.
Capital 19 by the numbers:
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16+ years as an exchange intermediary;
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Access to over 100 exchanges in 19 countries;
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Support for trading over 10,000 stocks.
Capital 19 is an intermediary for professional investment in stocks, options, and futures
One of Capital 19’s advantages is a wide choice of markets, which allows its clients to trade on local Australian exchanges and access securities and derivatives markets of the U.S., EU, Canada, and Mexico. Asian markets offer stocks, options, and futures from Hong Kong, Japan, South Korea, and Singapore. The TWS platform from Interactive Brokers offers over 120 indicators and supports advanced order types.
The company’s pricing model depends on the market and the asset class. For U.S. and Canadian stocks, fees are $0.02 and CAD 0.02 respectively. A percentage of the trade size is charged for trading on other markets: 0.15% for Australia, 1.00% for South Korea, and 0.3% for the rest. However, there are minimum fee rates. For example, trading U.S. stocks up to 1,000 shares incurs a $20 fee.
Useful services offered by Capital 19:
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Market analysis and newsletters with important events from global markets;
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SmartRouting, a tool for searching best prices on numerous exchanges;
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Educational and analytical webinars;
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Assistance of a personal mentor at the start of working with the company;
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Free newsfeeds are sent by email.
Advantages:
Access to analytics and research from Thomson Reuters, Morningstar, Zacks, S&P Capital IQ, etc.;
Availability of a demo account;
The assistance of a personal advisor is available to all registered traders regardless of their investments;
Orders can be placed directly on price charts;
Free portfolio and profitability reports that simplify tax calculations are available.
Capital 19 offers tools to monitor trader investments. If necessary, they can request trading reports for a certain period by email.
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