Updated:
Leverage: 1:30 | 1:1000
Regulation: FSCA, FSC
Min. Deposit: $10
HQ: Saint Vincent and the Grenadines
Platforms: MT4, MT5
Found in: 2017
Cabana Capitals is a Forex and CFD trading brokerage firm that provides a variety of trading instruments in different asset classes including Forex, CFDs, Precious Metals, Commodities, CFD Indices, and Cryptocurrencies.
Based on our research, the company operates under the authorization and regulation of the reputable South African Financial Sector Conduct Authority (FSCA), which ensures compliance with regulatory standards. Additionally, the broker is officially registered in both Mauritius and Saint Vincent and the Grenadines and holds a license from the Financial Services Commission in Mauritius. This regulatory framework allows the broker to extend its services internationally and throughout the African region.
Overall, the broker provides competitive trading conditions and a diverse range of trading products through the advanced MetaTrader trading platforms.
Per our findings, the broker has both advantages and disadvantages that are important for traders to consider. For the pros, it offers a competitive trading environment, a low minimum deposit, as well as access to popular trading instruments, and the industry-known MT4 and MT5 trading platforms.
For the cons, the firm does not hold any top-tier license which could be a concern for traders who prioritize brokers with higher regulatory credentials. However, trading under a South African entity is still considered safe enough. Also, the availability of educational resources is limited, so novice traders might better look for more suitable offerings.
| Advantages | Disadvantages |
|---|---|
| FSCA regulation and oversee | No 24/7 customer support |
| Low minimum deposit | No top-tier license |
| Trading instruments | Limited learning materials |
| MT4 and MT5 trading platforms | |
| ECN/STP execution | |
| Competitive pricing | |
| Professional trading | |
| Good trading conditions |
| 🏢 Headquarters | St. Vincent & the Grenadines, Mauritius |
| 🗺️ Regulation | FSCA, FSC |
| 🖥 Platforms | MT4, MT5 |
| 📉 Instruments | Forex, CFDs, Precious Metals, Commodities, CFD Indices, Cryptocurrencies |
| 💰 EUR/USD Spread | 1.8 pips |
| 🎮 Demo Account | Available |
| 💳 Minimum deposit | $10 |
| 💰 Base currencies | USD, EUR, GBP |
| 📚 Education | Limited |
| ☎ Customer Support | 24/5 |
According to our analysis, the broker offers reliable trading solutions with competitive fees, which is an advantage for all levels of traders. Moreover, the firm’s extensive selection of trading instruments with competitive trading spreads presents an appealing proposition to traders.
| Ranking | Cabana Capitals | Conotoxia | DeltaStock |
|---|---|---|---|
| Our Ranking | ⭐⭐⭐⭐⭐ | ⭐⭐⭐⭐⭐ | ⭐⭐⭐⭐ |
| Advanatges | Trading Conditions | Trading Instruments | Trading Platforms |
After considering multiple factors such as trading features, regulatory compliance, spreads, trading instruments, and user reviews, we have conducted an analysis and compiled a list of potential broker alternatives to Cabana Capitals.
No, Cabana Capitals is not a scam. It operates as a regulated broker under the oversight of the South African FSCA. This regulatory authorization suggests that the company operates within the legal framework and is subject to certain industry standards.
Yes, Cabana Capitals is a legitimate and regulated broker that follows the necessary regulations for offering Forex trading services. Compliance with the regulatory requirements set by FSCA, which is a rather good regulatory body in the financial industry, enhances the safety and confidence of traders who choose to trade with the broker.
However, the broker also holds an offshore license. Therefore, before engaging in trading activities you should carefully consider and understand the differences while trading in different jurisdictions.
See our conclusion on Cabana Capitals Reliability:
| Cabana Capitals Strong Points | Cabana Capitals Weak Points |
|---|---|
| Negative Balance Protection | Trading via offshore zone |
| Client funds security | |
| Professional trading |
Based on our research, FSCA plays an important role in ensuring regulatory compliance in the financial services industry. As part of its oversight, the regulatory body requires brokers to keep client funds separate from their accounts, protecting clients, as their funds cannot be used for the broker’s operational purposes. Additionally, Cabana Capitals provides negative balance protection, which ensures that clients do not incur losses exceeding their account balance.
Leverage is a useful tool that enables traders to enter the market with limited capital. However, its use can lead to substantial profits or losses as well. As such, you should have a comprehensive understanding of how leverage works and its possible consequences before engaging in any trading activities that involve leverage.
Cabana Capitals leverage is offered according to the FSCA and FSC regulations:
We found that Cabana Capitals offers Standard and ECN Accounts, each offering various account types. These accounts come with unique features such as different leverage, spreads, and minimum deposit requirements, allowing traders to select an account that suits their preferences and expertise.
Additionally, the broker extends swap-free trading options to cater to the diverse needs of its clients.
| Pros | Cons |
|---|---|
| Variety of accounts | None |
| Low minimum deposit | |
| Islamic and Demo accounts |
Opening an account with a broker is considered quite an easy process, as you can log in and register with Cabana Capitals within minutes. Just follow the opening account or sign-in page and proceed with the guided steps:
The broker provides access to popular trading instruments, including Forex, CFDs, Precious Metals, Commodities, CFD Indices, and Cryptocurrencies. Also, traders have a wide range of options to participate in different markets based on their preferences and strategies.
According to our findings of the broker’s fee structure, Cabana Capitals offers competitive pricing for most trading services. The broker does not charge fees for deposits and withdrawals, however, additional fees may be incurred during trading activities. Therefore, we advise you to thoroughly review the broker’s fee structure and terms and conditions to gain a complete understanding of the applicable charges and their potential impact on trading activities.
| Fees | Cabana Capitals Fees | Conotoxia Fees | DeltaStock Fees |
|---|---|---|---|
| Deposit fee | No | No | Yes |
| Withdrawal fee | No | No | No |
| Inactivity fee | Yes | Yes | Yes |
| Fee ranking | Low/Average | Low/Average | Low/Average |
Based on our test trade, the broker offers competitive variable spreads, with an average spread of 1.8 pips for the EUR/USD currency pair in the Forex market. However, spreads can vary based on market conditions, volatility, and liquidity, so consult the broker’s website or contact their customer support for detailed information on the spreads they offer for specific instruments and account types.
| Asset/ Pair | Cabana Capitals Spread | Conotoxia Spread | DeltaStock Spread |
|---|---|---|---|
| EUR USD Spread | 1.8 pips | 0.1 pips | 0.8 pips |
| Crude Oil WTI Spread | 1 | 1 | 1 |
| Gold Spread | 1 | 0.01 | 0.40 |
The broker offers multiple funding methods to facilitate deposits and withdrawals for its clients. These include bank transfers, credit/debit cards, and popular e-wallet services. These options provide flexibility for traders to choose the most convenient and secure method for their financial transactions.
Here are some good and negative points for Cabana Capitals funding methods found:
| Advantage | Disadvantage |
|---|---|
| Variety of funding methods | None |
| Fast digital deposits |
To open a live trading account with the broker, traders need to deposit $10 as an initial deposit amount for Standard and Cent accounts, which is considered a very good offering. For Ultra account, the minimum deposit amount is $200, and for ECN Elite account is $500.
Cabana Capitals minimum deposit vs other brokers
| Cabana Capitals | Most Other Brokers | |
| Minimum Deposit | $10 | $500 |
As we found withdrawing funds from your account is easy and fast. Cabana Capitals allows clients to withdraw funds using various methods, including bank transfers, credit/debit cards, and e-wallets.
To initiate a withdrawal fund from your trading account, the brokerage firm provides a set of typical steps that can be followed:
At Cabana Capitals, you can trade through the widely popular MT4 and MT5 trading platforms. These platforms are widely used in the financial industry and offer a user-friendly interface, advanced charting tools, and a range of technical analysis features.
Additionally, the platforms are accessible on desktop, web, and mobile devices, providing traders with the flexibility to choose the option that aligns with their unique trading preferences and strategies.
| Platforms | Cabana Capitals Platforms | Conotoxia Platforms | DeltaStock Platforms |
|---|---|---|---|
| MT4 | Yes | No | Yes |
| MT5 | Yes | Yes | Yes |
| cTrader | No | Yes | No |
| Own Platforms | No | No | Yes |
| Mobile Apps | Yes | Yes | Yes |
The platforms offer a variety of trading tools to assist traders in making informed decisions. These tools include technical analysis indicators, charting features, and market research resources. Moreover, advanced features like algorithmic trading and Expert Advisors (EAs) are also available on the MetaTrader platforms, allowing automated trading strategies.
The broker offers 24/5 customer support via a phone line, live chat, and email. Additionally, the support team includes trading experts who can assist with technical support, analysis recommendations, general inquiries, and operational issues.
See our find and ranking on Customer Service Quality:
| Pros | Cons |
|---|---|
| Phone support, email, live chat | No 24/7 customer support |
| Supportive customer service |
In the end, the broker’s website lacks comprehensive learning materials, seminars, and webinars, providing only some information on how to use MT4. This limitation may be considered a drawback as robust educational resources play a crucial role in the improvement of traders’ skills and knowledge.
In conclusion, Cabana Capitals is a trustworthy Forex trading broker that offers competitive trading solutions, advanced trading platforms, low fees and spreads, and access to a diverse range of trading instruments across multiple markets. Another advantage is the low minimum deposit requirement and the availability of different payment methods.
While the broker provides a good trading environment, we recommend carefully reviewing the broker’s offerings, terms, and conditions and evaluating whether the broker’s offerings suit your specific trading requirements.
Based on Our findings and Financial Expert Opinions Cabana Capitals is Good for:
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