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WikiFX Review: Something you need to know about Capital 19

WikiFX | 2022-10-25 16:48

Abstract: Registered in Australia, Capital 19 is an online forex broker offering a series of financial instruments to its clients. In today’s article, we made a comprehensive review of this broker so that you can have a better understanding of Capital 19.

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About Capital 19

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Capital 19 is an Australian trading brokerage committed to exploring global markets and to identify investment opportunities that achieve the highest returns possible for our clients. WikiFX has given this broker a low rating of 3.48/10.

Research Subscription Fees

With Capital 19, You have the option of subscribing to research from institutions such as Zacks and Morningstar through the TraderWorkstation (TWS). Each institution charges a fee for their research which is disclosed before subscribing.

The Algorithmic Model

Capital 19 provides The Algorithmic Model which uses a computer to monitor the markets based on a defined set of rules, removing the emotion from investing.

Trader Workstation

TWS gives investors the tools professional traders use to gain an edge. It optimizes trading speed and offers specialized tools for both novice and advanced traders.

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Trade Size

The minimum trade size Capital 19 offers for all three account types is 0.01 lots, otherwise known as micro-lots. The largest trade size tips the scales at 150 lots. Margin call: 50%, Stop Loss: 50% are also the same for all three account types.

Deposit & Withdrawal

Capital 19 accepts payments from bank transfers, VISA and MasterCard. There is no known information on the site if e-wallets such as Neteller, Skrill, and PayPal and cryptocurrencies can be used to make payments.

Customer Support

You can contact Capital 19 by calling the manager via this number 1300 735 320 to inquire about services or to forward your complaint. You can as well contact Capital 19 by writing a mail to them at info@capital19.com. The physical address of this broker is Suite 303, 35 Lime Street, Sydney NSW 2000., and their Postal Address: iCapital 19, P.O. Box H69, Australia Square NSW. The LiveChat option isn't available but a response has been promised if contact is made through any of the above means.

Business in the US

Although this broker is based in Australia, it is running the business in the United States market.

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Regulation: Is Capital 19 legit?

Capital 19 exceeds the business scope regulated by Australia ASIC (license number: 441891) National Futures Licence Non-Forex License. Therefore, we cannot consider this broker a regulated broker.

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Conclusion:

Although we didn‘t receive complaints against this broker yet, it does not mean Capital 19 is an absolutely safe broker. Protecting investors’ interests is always WikiFXs primary. We advise you to do more research about this broker before making a final decision.

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BrokerForex trading

Related broker

Unverified
Capital 19
Company name:Capital 19 Pty Ltd
Score
1.64
Website:https://capital19.com/
10-15 years | Questionable Regulatory License | Suspicious Operational Region | High Potential Risk
Score
1.64

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