Cabanacapitals.com Review Is Cabana Capitals Legit Or Scam

Cabanacapitals.com Review: Is Cabana Capitals Legit Or Scam?

Cabana Capitals Review: this is the name of a Forex Broker that is located in an offshore location. Is cabanacapitals.com a scam or legit broker?

The broker’s location is a red flag immediate we encounter it. Its address is commonly used by several scam artist and we find it hard to ignore this. It is located at:

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Suite 305, Griffith Corporate Centre, P.O. Box 1510, Beachmont Kingstown, St. Vincent and the Grenadines.

It claims to be located in the UK and registered there but we do not find its name among registered brokers. Traders are aware that all UK based forex brokers are regulated by the FCA and we do not appreciate the misleading information given by this broker.

Cabana Capitals also claims that it gives videos for education, news to keep updated, leverage and margin, and the best trading platform.

Cabana Capitals Trading Platform

It is mentioned that Cabana Capitals trading software is operated on a MetaTrader platform available to all their clients.

Legit brokers are known to offer at least the popular MetaTrader 4 trading platform.

This platform is a very good sign along with MT5, as they have become some of the most widely used by experienced traders. They are found to be compatible with various devices’ operating system. All can be used on desktops, Linus, windows, iOS and Android.

Tools that comes with these trading platforms are also found to be useful for traders. It has proven to be user friendly as well and helps traders in analyzing the market easily.

Trading instruments offered to traders includes: although it mentions currency pairs and CFDs on commodities, this broker leaves out cryptocurrencies.

Maximum leverage offered to traders is 1:400 and the spreads on the EURUSD pair is 1.0 without commissions.

Spreads of 1.5 pips or below are what is obtainable in the Forex industry and traders are asked to look out for this. Leverages of between 1:30, 1:50 and 1:25 are also common among regulated brokers.

Deposit and Withdrawal Methods on Cabana Capitals

Means of making payments and withdrawals are not mentioned and we find this discouraging.

This is because standard and legit brokers make deposit and withdrawals available via Visa, MasterCard and Wire Transfer. Many offer e-wallets like: Skrill, Neteller, UnionPay, FasaPay, and so on.

A minimum deposit of $100 is required to start trading with this broker and this is affordable. It states also on the page that fees and charges are not applied, we are not sure if this refers to withdrawals as well.

This information is important so that clients can invest any little amount they can spare. In order to be able to first watch the working of the brokerage. If then they are satisfied with what they see, they can determine when to withdraw their money.

Is Cabana Capitals Licensed?

No. as an offshore broker, it is impossible for Cabana Capitals to hold any legit Forex trading license. Its claim of having a FCA registration is false. We are aware that unlicensed brokers are risky to trade with. They are not regulated and therefore not under obligation to play by the rules of fair trade.

Support

To reach the customer care agents of this broker, clients are to call: +44 1213681986 or email: [email protected]

Conclusion

We find that Cabana Capitals is an unlicensed offshore broker. Trading with this kind of brokers is highly discouraged because of its risk. Information found on the page cannot even be trusted to be true. Rather than take unnecessary risks, use the link below to seek legit brokers.

COMPARE WITH A TRUSTED BROKER

Fortrade

Fortrade is a UK-based broker with address at Michelin House, 81 Fulham Road London, SW3 6RD, United Kingdom. They are among the best brokers in the industry offering trades in numerous assets including stocks, commodities, currencies, indices and cryptocurrencies. Fortrade is regulated and licensed by the FCA(Financial Conduct Authority) in the UK well as ASIC in Australia which makes client funds safe. They accept traders worldwide.. visit their official website

Cabanacapitals.com Review: Is Cabana Capitals Legit Or Scam?

After doing some research, we found out that a lot of traders are reporting Cabana Capitals and writting bad reviews about it.
It seems like they are not happy about it and they warn others not to trade with them.

It’s always important to know what other traders are thiking about a broker before using it and we can say that they are not saying good things about Cabana Capitals.

What do regulators say about Cabana Capitals ?

This is the most important thing you need to know about a broker before using it. Is Cabana Capitals regulated ? Is it an offshore company ?

Most brokers are unregulated or regulated by an offshore regulation authority which won’t help you in case of problem. Keep in mind that if a broker steal your funds, you won’t be able to complaint about it unless they are licensed by a serious regulator such as the CySEC (Cyprus Securities and Exchange Commission).

An unregulated broker is clearly not authorized to operate in any regulated country and you should definitely not put any money into it.

Cabana Capitals is an unregulated offshore broker owned by Cabana Capitals Limited and located at Suite 305, Griffith Corporate Centre P.O.Box 1510, Beachmont Kingstown, St.Vincent and the Grenadines.

You should definitely avoid any unregulated or offshore broker and Cabana Capitals is one of them.

Have you been Scammed by Cabana Capitals ?

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Our team of experts is available 24/7 in order to help you recovering your hard-earned money.
After asking you some questions, they will be able to build a chargeback case to fight the broker and get your money back as soon as possible.

Chargeback is the solution

As we said before, the good news is that there is a solution and it’s called a Chargeback.
But what is a Chargeback ?
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About CabanaCapitals.com

CabanaCapitals is a forex broker. Cabana Capitals offers the MT4 and MT4 Mobile forex trading top platform. CabanaCapitals.com offers over 50 forex currency pairs, spot metals, indices and cfds for your personal investment and trading options.

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CabanaCapitals.com profile provided by CabanaCapitals, May 27, 2020

Cabana Capital is a premium forex trading company that was established to provide clients with the most advanced and reliable trading tools, safe and ideal trading conditions, along with a comprehensive education of the market and how it works.

Cabana Capital has something for every kind of market. Regardless of whether you are a retail or institutional client, we have just the right trading solutions for all your needs.

Choose from a wide range of markets to trade using our impressive trading tools and instruments. We offer a huge number of currency pairs, spot metals, and indices, CFDs, among many others.

Cabana Capital has the perfect account for every kind of trader. Our trading platforms are based on the latest technology to ensure reliability and security. We try our best to ensure they run smoothly on any device.

To help you play an active part in your trading process, we provide quality and comprehensive education on the trading industry. You are sure to benefit greatly from this program.

Video

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Let other traders know if this service is worth checking or should be avoided.

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Consumer Reviews

Service use: Live

Length of use: over 1 Year

One of the best company when it comes to withdrawal.

No swap for all accounts makes it better place to trade.

Service use: Live

Length of use: over 1 Year

Cabana Capitals is an online Forex and CFD broker. The broker offers Forex, stock, CFDs and Crude Oil for trading on its platforms, which include the MT4 and MT5.

Its been Almost 3 Year I am DOing business with them and they always treat me like their first customer, the best part which I like about them is their team who handle all types of queries well and ready to help you 24×7. I am into Forex market from last 7 years and done business with multiple big brands,

the way cabana capital is growing and treating their customer is flawless, till now they have opened there firm in more then 20+countires

What I like about Cabana Capital is
-Low Spread
-Bonus
-Comprehensive trader education
-Good variety of research tools
-Low capital requirements for account opening.
-24×7 Online Support
-A Trusted ECN Forex Broker.

Forex has become a competitive field, with many a trader entering and rushing to reach success. Amidst this competition, finding the right trade plan, getting timely tips and assistance is challenging!

This is why a reliable broker is important. Brokers don’t just connect you with the markets, they do a lot more! Your trading platforms will be provided by the broker you pair with.
So I CHoose Cabana Capital to make Further Bussiness.