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Cabana Capitals is a legally registered forex broker located in Saint Vincent and the Grenadines, but not regulated by any government agency.
Cabana Capitals is also registered and licensed in South Africa by the Financial Sector Conduct Authority (FSCA).
Cabana Capitals group accepts clients from all over the world, excluding USA, Canada, European Union, India and all the FATF blacklisted countries.
Forex broker offers the following underlying assets for trading.
| 40+ Currency Pairs | Based on major and minor world currencies. |
| 15 Crypto Pairs | Based on Bitcoin, Ethereum, Litecoin, Ripple and other coins and tokens. |
| 10 Indice CFDs | Based on baskets of different blue-chip stocks. |
| 2 Metal CFDs | Based on Gold and Silver. |
| 3 Energy CFDs | Based on Crude Oil (WTI, Brent) and Natural Gas. |
Cabana Capitals is a forex broker registered in South Africa where it is regulated by the Financial Sector Conduct Authority (FSCA), and offshore in Saint Vincent and the Grenadines where forex brokers are not regulated by the government. The broker has been in business since 2017, meaning it already has a certain track record in the trading industry.
The trading instruments offered by Cabana Capitals include all of the commonly traded forex pairs, commodities such as oil, natural gas, gold and silver, a selection of major stock indices, and a number of the most popular cryptocurrencies.
All of these assets are traded as CFDs (contracts-for-difference), which is an easy way to gain exposure to an asset without owning the underlying futures contract directly. This also makes it easy to trade with high leverage, and to trade the asset from both the long and the short side in order to profit under any market conditions.
All of the assets Cabana Capitals offer are traded on either MetaTrader 4 (MT4) or MetaTrader 5 (MT5), the only two trading platforms this broker supports. As always, the MetaTrader platforms can be used on Windows computers, Mac, web, or as mobile apps on Apple and Android phones.
When signing up, Cabana Capitals clients can choose between six types of trading accounts, three beginner-friendly “Standard Accounts” and three “Trader Accounts” for more advanced users.
Standard Accounts:
– Active: minimum deposit of $10, spreads from 2.0 pips and no commissions
– Standard: minimum deposit of $50, spreads from 1.5 pips and no commissions
– Premium: minimum deposit of $100, spreads from 1 pip and no commissions
Trader Accounts:
– Trader: minimum deposit of $250, spreads from 0.6 pips and no commissions
– Elite: minimum deposit of $500, spreads from 0 pips and $7 commissions
– RAW ECN: minimum deposit of $1,000, spreads from 0 pips and $5 commissions
All of the accounts are denominated in USD, and offer the same max leverage of up to 1:500, except the RAW ECN account which only offers leverage up to 1:200.
In terms of account funding, the broker stands out from many others by accepting deposits and withdrawals with Bitcoin (BTC). In addition, traditional payment methods such as Visa and MasterCard, e-wallets like Skrill, Neteller, Pay Trust and Perfect Money, international bank transfers and local bank transfers in USD, AED, NGN, and INR can all be used.
Most of the payment methods are processed instantly and without any charges from the broker’s side.
To reach Cabana Capitals’ customer support team, traders can use either live chat via the broker’s website or email. Other than that, options are unfortunately limited, and there is no phone number provided that the broker can be reached on.
In conclusion, we would like to stress again that Cabana Capitals is an unregulated offshore broker for anyone who is not trading with the South African branch, which generally caters only to local traders. This means that there is a risk for loss of funds in the event the broker goes out of business or anything else unexpected happens. Overall, however, offshore brokers also offer certain benefits, such as much higher trading leverage than traditional fully regulated forex brokers.
