de | cn | ru

Cabana Capitals Review - is it scam or safe?

Cabana Capitals Review - is cabanacapitals.com scam or good forex broker?

RATING: 1.3 / 8 REVIEWS Cabana Capitals
Cabana Capitals is an offshore broker. Your money is not safe.

RECOMMENDED FOREX BROKERS


 

Trading Accounts & Conditions

 

Account type

Minimum deposit

Minimum trade size

Maximum leverage

Spreads

Micro

$100.00

0.01

1:400

From 2.6 pips

Active Trader

$500.00

0.01

1:300

From 2.1 pips

Standard

$1 000

0.01

1:300

From 1.6 pips

Premium

$5 000

0.01

1:200

From 1.2 pips

Elite

$20 000

0.01

1:200

From 0.5 pips

 

Cabana Capitals offers the account types listed above plus a VIP one. All of them are said to provide NDD execution, commission-free trading with variable spreads and comparatively high leverage levels. In addition, micro lots are available for trade.

 



Cabana Capitals Advanatges:

 

- MT4 offered

Like most forex brokers, Cabana Capitals uses the popular Metatrader 4 (MT4) platform. The MT4 is preferred by the majority of forex traders worldwide because of its excellent charting, automated strategies (a.k.a. Expert Advisors), technical analysis indicators, and more. Besides, the platform is very easy to use and even novice traders enjoy it.

 

>> Top MT4 brokers <<

 

 

- Competitive spreads on demo accounts

When we tested Cabana Capitals` MT4 in demo mode, we found the spread on EUR/USD floating around 1.0 pips (no commission applicable), which is a good pricing.

 

 

Click on the image to zoom on.

 

However, this is probably a demo Elite account type, which requires a $20 000 deposit in live mode. Investing that much money in an offshore broker is not a good idea.

 

- High leverage levels

This broker offers high leverage levels, reaching 1:400. Leverage is a kind of loan brokerages give to their clients to boost up their trading amount. The power of margin trading, however, works in both directions. So, keep in mind that high leverage levels can multiply your profits, as well as losses.

 

 

>>Brokers offering leverage of 1:500 and more<<

 

 

Cabana Capitals disdvantages:

 

- An offshore broker

Cabana Capitals appears to be based in the UK, however it is not authorized to provide financial services by the Financial Conduct Authority (FCA). Instead, the company that operates it is registered offshore, in St. Vincent & the Grenadines. Forex brokers incorporated there are not regulated, nor subjected to supervision by any governmental agency. That is why investing with offshore brokers is risky and we generally advice our readers to avoid them.

 

- High spreads announced on website

Lets get back to the table of account types and trading conditions above. As you can see, an initial investment of $500 on an Active trader account gives clients of Cabana Capitals the opportunity to trade with spreads above 2 pips on EUR/USD. Such pricing is anything but good. By comparison, mnajor forex broker FxPro offers spreads averaged 1.4 pips on EUR/USD on its commission-free accounts, accessible with an initial investment of $100.

 

-No cryptocurrencies available

Cabana Capitals’ product portfolio is rather extensive, including more than 50 currency pairs, CFDs on indices, commodities, and precious metals. However, the broker does not offer trading in Bitcoin and other cryptocurrency CFDs,which are extremely popular these days. If you are into Bitcoin and other digitital assets, check out the link below.

 

 

>>Trade Bitcoin with a regulated forex broker<<

 

 

Conclusion

 

UK-based brokerage Cabana Capitals offers rather high spreads on most of its account types, with the only decent conditions being provided to Elite & VIP account holders. The deposit requirement for these account types are very high, not that we would recommend dealing with an offshore company any way.

 

Cabana Capitals is operated by Cabana Capitals Limited - a company incorporated in Saint Vincent & the Grenadines. When trading with an offshore company, there is no guarantee you will ever get to see your money after depositing it with them.



On the other hand, companies registered with UK’s FCA are much more reliable. They are forced to comply with the strict rules enforced by the agency: segregation of client accounts, transactiona reporting and participation in the local compensation scheme, among others.

 

The Financial Services Compensation Scheme (FSCS) is a system, which functions similarly to an insurance company. Brokers transfer small portions of their profits to a collective pool, which serves as a guarantee in case any one of them goes bankrupt. If you trade with an FCA-regulated broker, your account will be covered up to £50,000.

 

 

>> Trade safely with an FCA-licensed broker <<

 

 

Here is our summary of the strong and weak sides of Cabana Capitals:

 

Pros

Cons

Competitive spreads on demo accounts

Offshore broker

MT4 available

High spreads announced

High leverage levels

No cryptocurrencies available for trade

Micro lots offered

High deposits for accounts with good spreads

 

Latest news about Cabana Capitals
No news about Cabana Capitals. Check back later.
Broker Country Regulation Platform Min Deposit Review
US CFTC, NFA MT4, Web,
in-house
$50 Review Website
US NFA, CFTC MT4 $250 Review Website
Cyprus, UK, Mauritius CySec, FCA, FSC MT4, MT5, Web $10 Review Website
Australia ASIC MT4, MT5,
IRESSTrader
$100 Review Website
Cyprus, Australia CySec, ASIC MT4, MT5 $5 Review Website
UK, Australia, South Africa FCA, ASIC, FSCA MT4, Trading
Station,
NinjaTrader
$50 Review Website
UK, Cyprus, UAE, South Africa FCA, CySEC, DFSA, FSB MT4, MT5, FxPro
Markets,
cTrader
$100 Review Website
Cyprus CySEC MT4, MT5, Web $1 Review Website
Belize IFSC MT4, MT5 $100 Review Website
Cyprus, UK, South Africa, UAE CySec, FCA, FSCA, DFSA MT4, MT5, Web $5 Review Website
Cyprus, UK CySEC, FCA MT4, MT5 $1 Review Website
UK FCA MT5 $5 Review Website
UK FCA MT4, Web, MT4
for Mac
$100 Review Website
Australia, UK ASIC, FCA MT4, MT5,
cTrader
$200 Review Website
UK, Cyprus, Dubai FCA, CySEC, DFSA MT4, MT5, Web,
PrimeTrader
$100 Review Website

Traders` reviews for Cabana Capitals

Spread

Pros

Cons

 

 

Slippage

Pros

Cons

 

 

Requotes

Pros

Cons

 

 

Price feed

Pros

Cons

 

 

Platform

Pros

Cons

 

 

Deposit/Withdraw

Pros

Cons

 

 

Customer service

Pros

Cons

 

 

Summary

Pros

Cons

 

 

scammer

cabana capital is fraud company and they dont have any office in uk and is operating indian delhi based people. because indian politician support the owner. there is no owner in pakistani. they just collecting the money and they have huge network in india and dubai. mostly in pune and mumbai. second it not ecn broker every fund goes in v book generally. now it up to all trader they still want to promote this scammer

amit 09/11/2019

Cabana Capital real owner is Pakistani. Funds are not safe

Cabana Capitals Forex is a Dabba Company. Real owner of this company is a Pakistani. They are deceiving and cheating Indian clients by saying that it’s an international broker. Few traitors Indians from Pune and Delhi have tied up with this Pakistani and targeting Indians. The address and phone number mentioned on their website is not a real one. No such company exists on this UK address. The address and phone number they have mentioned on their website is Sam and showy. I alert you don’t invest a single hard earned money. The money you are investing with cabana Capitals is going to Pakistan which is a US Sanctioned Country And is under surveillance of international community

Tajinder Pal Singh 07/14/2019

dabba trading

cabana is froud company they will cheated the people and loss the money afetr they will not attand the call pls care fully about the cabana capital they always target on the cheated the people

nayan singh 06/04/2019

Scam Broker

Cabana Capitals is scam . It's a scam broker don't deposit here

Raja 05/29/2019

watch this person Lalit arora and mike truman and bhavesh chauhan and ashish This Dabba Broker Cabana capita

watch this person Lalit arora and mike… bhavesh chauhan is same person with fake Fb id
watch this person Lalit arora and mike truman and bhavesh chauhan and ashish This Dabba Broker Cabana capital and is owned and operated by Indian Mafia is fooling Indian only.All their websites and Traders Cabinet is assembled by Indian IT Persons.They do full scale Trade Manipulation. They offer Big % to MLM Networkers as these MLM Agents are acting like Touts for Cabana Capitals and they are fully aware that Cabana Capital will do manipulation and client will loose money SO these MLM touts also get some portion of Clients Hard Earned Money as Commission.

pankaj kapoor 04/03/2019

Looting Indians through Multi Level Marketing(MLM) Agents

This Dabba Broker is owned and operated by Indian Mafia is fooling Indian only.All their websites and Traders Cabinet is assembled by Indian IT Persons.They do full scale Trade Manipulation. They offer Big % to MLM Networkers as these MLM Agents are acting like Touts for Cabana Capitals and they are fully aware that Cabana Capital will do manipulation and client will loose money SO these MLM touts also get some portion of Clients Hard Earned Money as Commission.

Sweta Sinha 02/18/2019

Scam -fake- whitelable broker

Suspiciously running by Indian Owners - They never give your profits and often cheat you by offering auto trading software claiming high returns 20% -30% Monthly

Mohammed farooq khan 11/13/2018

this company is scam

after i traded in no deposit bonus they canceled my profit and said i use hedging with forbidden in term and condition ( i send my trading report here to be sure i did not hedge my trading and to be sure they are a scam broker




Ticket NO. Symbol Lot Open price Close price Close Time S/L Profit Commission
13550573 GBPUSD 0.07 1.42526 1.42650 2018-04-16 11:26:37 0.00000 8.68000 0.00000
13550584 GBPUSD 0.07 1.42850 1.42741 2018-04-16 11:27:53 0.00000 0.00000 0.00000
13555817 GBPUSD 0.07 1.42751 1.42745 2018-04-16 11:51:50 0.00000 0.42000 0.00000
13556146 GBPUSD 0.07 1.42715 1.43274 2018-04-16 16:07:01 0.00000 -39.13000 0.00000
13559922 GBPUSD 0.02 1.43247 1.41900 2018-04-18 11:45:36 0.00000 26.94000 0.00000
13560181 GBPUSD 0.01 1.43100 1.41900 2018-04-18 11:45:36 0.00000 12.00000 0.00000
13560188 GBPUSD 0.01 1.42800 1.41900 2018-04-18 11:45:36 0.00000 9.00000 0.00000
13560196 GBPUSD 0.01 1.24600 1.41862 2018-04-18 12:39:49 0.00000 0.00000 0.00000
13560211 GBPUSD 0.01 1.42400 1.41900 2018-04-18 11:45:36 0.00000 5.00000 0.00000
13583261 GBPUSD 0.1 1.41968 1.41964 2018-04-18 12:54:42 0.00000 -0.40000 0.00000
13583322 GBPUSD 0.1 1.42003 1.42053 2018-04-18 14:05:10 0.00000 5.00000 0.00000
13583969 GBPUSD 0.1 1.42099 1.42209 2018-04-18 15:14:24 1.42209 11.00000 0.00000
13585105 GBPUSD 0.1 1.42282 1.42300 2018-04-18 15:57:02 1.42300 1.80000 0.00000
13585548 GBPUSD 0.1 1.42397 1.42175 2018-04-18 16:15:31 1.42175 -22.20000 0.00000
13585763 GBPUSD 0.07 1.42236 1.42150 2018-04-18 16:27:27 1.42150 -6.02000 0.00000
13586018 GBPUSD 0.05 1.42172 1.42300 2018-04-18 16:57:44 1.42300 6.40000 0.00000
13586189 GBPUSD 0.03 1.42222 1.42301 2018-04-18 16:57:44 1.42301 2.37000 0.00000
13587217 GBPUSD 0.09 1.42386 1.42397 2018-04-18 17:38:52 1.42397 0.99000 0.00000
13588050 GBPUSD 0.09 1.42305 1.42281 2018-04-18 18:22:57 1.42281 2.16000 0.00000
13588691 GBPUSD 0.09 1.42255 1.42224 2018-04-18 18:46:54 1.42224 2.79000 0.00000
13588927 GBPUSD 0.1 1.42194 1.42173 2018-04-18 19:07:51 1.42173 2.10000 0.00000
13589822 GBPUSD 0.1 1.42101 1.42095 2018-04-18 20:28:32 0.00000 0.60000 0.00000
13589866 GBPUSD 0.1 1.42064 1.42051 2018-04-18 21:36:13 0.00000 1.30000 0.00000
13590240 GBPUSD 0.1 1.42022 1.42023 2018-04-18 22:13:10 0.00000 -0.10000 0.00000
13590436 GBPUSD 0.1 1.41996 1.42004 2018-04-18 22:52:45 0.00000 -0.80000 0.00000
13590571 GBPUSD 0.1 1.41972 1.41981 2018-04-19 11:29:00 0.00000 -0.90000 0.00000
13595698 GBPUSD 0.1 1.41793 1.41775 2018-04-19 12:00:31 1.41775 1.80000 0.00000
13595901 GBPUSD 0.1 1.41762 1.41850 2018-04-19 12:15:29 0.00000 -8.80000 0.00000
13595979 GBPUSD 0.1 1.41811 1.41825 2018-04-19 12:28:09 1.41825 -1.40000 0.00000
13596583 GBPUSD 0.05 1.41878 1.42167 2018-04-19 13:38:37 0.00000 -14.45000 0.00000
13596588 GBPUSD 0.04 1.41879 1.42419 2018-04-19 14:30:51 0.00000 -21.60000 0.00000
13597407 GBPUSD 0.02 1.42177 1.40995 2018-04-19 20:38:31 0.00000 23.64000 0.00000
13597988 GBPUSD 0.02 1.42330 1.40964 2018-04-19 20:38:19 0.00000 27.32000 0.00000
13600000 GBPUSD 0.01 1.42193 1.41005 2018-04-19 20:38:41 0.00000 11.88000 0.00000
13601211 GBPUSD 0.01 1.41842 1.41004 2018-04-19 20:38:47 0.00000 8.38000 0.00000


Talaat Said Abdelmonam Abdelkdr 04/30/2018
de | cn | ru