About Capital 19
Overview
Capital 19 is an Australian-based stockbroker founded on 21 May 2020, offering share and options trading in Australian and US markets. The firm is registered at Suite 303, 35 Lime Street, Sydney, NSW 2000, and operates under the corporate entity Capital 19 Pty Ltd (ABN 17 124 264 366). It is regulated by the Australian Securities and Investments Commission (ASIC) as an Australian Financial Services licensee, though the current status of that licence appears unclear in aggregated industry data.
The broker distinguishes itself by combining modern trading technology with traditional personal service. It provides a full-service brokerage experience, including dedicated phone support, educational resources, and access to professional-grade trading platforms. Capital 19 is geared toward both novice and experienced investors who want to trade global equities and options, with a strong emphasis on client success through expert guidance and support.
Regulation and Licensing
Capital 19 holds an Australian Financial Services Licence (AFSL) issued by ASIC, which is the primary regulatory body for financial services in Australia. Under ASIC oversight, the broker is required to adhere to strict client money handling rules, disclosure obligations, and dispute resolution procedures. The firm's Financial Services Guide, dated April 2023, confirms its authorisation to provide financial services.
However, independent checks of ASIC's public register show that the licence status for Capital 19 Pty Ltd (ABN 17 124 264 366) may not be current or active. Traders should independently verify the licence status before engaging with the broker. The presence of an ASIC licence generally offers a layer of protection, but the ambiguity in status warrants caution.
Trading Instruments and Platforms
Capital 19 offers trading in shares (stocks) on both the Australian Securities Exchange (ASX) and US exchanges (NYSE, NASDAQ), as well as options on equities and futures. The broker does not advertise leveraged forex or CFD trading, making it a pure equities and derivatives broker.
The primary trading platform is Trader Workstation (TWS), a professional-grade platform that provides real-time charting, technical indicators, portfolio analytics, and smart order routing. The platform is available on desktop, web, and mobile devices, allowing clients to manage their accounts and execute trades from anywhere. Capital 19 also supports phone-based trading with the same commission rates as online orders.
Account Types and Fees
Capital 19 does not list distinct account tiers on its website, but it offers a single brokerage account with access to all markets and instruments. There are no minimum deposit requirements, no account-keeping fees, and no platform fees. The fee structure is commission-based with transparent rates per market and per instrument.
For US stocks, the commission is USD 20 for the first 1,000 shares and USD 0.02 per additional share. US options cost USD 15 for up to 7 contracts and USD 2 per contract beyond. For Australian stocks, the fee is AUD 15 up to A$10,000 trade value, then 0.15%; Australian options cost AUD 30 for up to 15 contracts, then AUD 2 per contract.
These fees are competitive for a full-service broker, particularly when considering the dedicated phone support and personal advisory services included. The broker does not charge extra for stop orders, limit orders, or phone trades, which can be a cost advantage for active traders.
Deposits and Withdrawals
Capital 19 does not publicly detail its deposit and withdrawal methods on its website. Clients may need to contact the broker directly for information on bank transfers, credit/debit cards, or other payment options. Given its Australian registration, it is likely that domestic bank transfers are supported, and possibly international wire transfers for non-Australian clients.
The absence of published funding information is a common gap among smaller brokers. Traders should clarify withdrawal procedures, processing times, and any associated fees before opening an account.
Target Audience and Suitability
Capital 19 is designed for investors who want to trade US and Australian equities and options with a high level of personal support. The broker is particularly suited for those who value human guidance—such as novice investors seeking mentorship or experienced traders who want a dedicated advisor to discuss strategies. The availability of phone support and one-on-one assistance sets it apart from discount online brokers.
On the other hand, it may not be ideal for traders focused on forex, CFDs, or cryptocurrency, as those instruments are not offered. Additionally, traders who prefer a fully self-directed, low-cost online experience might find the commission structure higher than pure discount platforms. The broker's suite of tools and educational resources make it a viable option for those looking to grow their investment knowledge while trading global shares.
Overview compiled by FXCanary from regulatory records and public data. full Capital 19 review