Cabana Capitals Review

Cabana Capitals commenced operations as a forex and CFD broker in 2017. The brand presently operates out of two countries and maintains an ECN/STP model of operation. The brokerage offers the trading of FX pairs, cryptos, metals, energies and indices. The brand features 15 crypto pairs, indicating its willingness to tilt towards its traders' yearnings for crypto assets to become more mainstream.

I. Background and Company Overview of Cabana Capitals

Cabana Capitals offers a true ECN environment that supports active traders and passive investors who decide to use the copy trading and PAMM account services. The full suite of trading instruments spanning seven asset classes are presented on the MT4 and MT5 platforms.

Some of the features that continue to attract traders to Cabana Capitals are:

• Traders on Cabana Capitals enjoy negative balance protection, ensuring that a market risk event does not make them lose more than their capital.
• Clients' funds on Cabana Capitals are segregated, so there is no mingling of these funds with the company's operational funds.
• First-time deposits are entitled to receive a 50% bonus.

II. Trading Platforms and Tools

Cabana Capitals offers traders the opportunity of using the MetaTrader range of platforms for their trading venture. Both the MT4 and MT5 can be downloaded from the firm's website.

The MT4 has been the mainstay of retail forex trading for nearly 20 years. On Cabana Capitals, traders are offered three versions of the software: desktop, mobile and browser-based app. The MT4 features 30 native indicators, 9 time frames, and a MetaEditor that features the MQL coding environment and a strategy tester. You also get to use 6 different order types in your trading.

The MT5 comes in three versions: desktop, web-based and mobile applications. These applications are designed for the iOS and Android devices (mobile), and the desktop client works for both Windows and Mac users. The MT5 features a robust coding environment that is also plugged to the MetaTrader marketplace. You can use your account balance to purchase EAs, scripts and indicators from the marketplace. Any encoded software purchased is automatically loaded onto your platform.

Get access to the robust strategy tester, enhanced time frame suite, more indicators and Level II pricing on the Cabana Capitals MT5.

The following tools are available on Cabana Capitals to enhance the trading experience of the firm's clients:

• Via the MT5 platform, clients of Cabana Capitals can access the in-built economic calendar and combine it with the news feed in the Terminal window to trade the news.
• Premium account holders can take advantage of the Cashback feature to get back between $2 and $6 per standard lot, for qualifying trade volumes of 3 to 30 standard lots per month.
• The MT4 and MT5 of Cabana Capitals is built to accommodate the use of forex VPS services. Integration of external VPS to the servers of Cabana Capitals is seamless.

III. Account Types and Spreads

Cabana Capitals offers three account types, under two trading subdivisions (Standard and Trader accounts).

Standard Accounts

Under the Standard accounts, we have the Active, Standard and Premium accounts.

The Active account carries a $10 minimum deposit requirement. The spread starts from 2.0 pips, and there are no commissions. A swap-free variant of the account is available on request.

The Standard account has a $50 minimum deposit requirement. This account is a zero-commission account and spreads start from 1.5 pips. You can also get a swap-free variant of this account on request.

The Premium account is a zero-commission account that comes with a $100 minimum deposit requirement. The spread is from 1.0 pips. There is also a swap-free variant of the Premium account.

Trader Accounts

The trader accounts are more professionally oriented and are to be used ideally by experienced forex traders.

The Trader variant comes with a $250 minimum deposit amount and comes with spreads of at least 0.6 pips. There is no commission on trades and there is a swap-free variant of this account.

The Elite account has a $500 minimum deposit requirement. It is a zero-spread account which carries commissions on trades that are charged at the rate of $7 per standard lot on each turn.

The Raw ECN account comes with zero spreads, and commissions of $5 per standard lot one each turn. The minimum deposit is $1000. This account type has the lowest leverage cap, at 1:200. Other accounts all have a leverage cap of 1:500.

IV. Contract Specifications

Here are the contract specifications on Cabana Capitals.

• The maximum leverage on all accounts except the Raw ECN account is 1:500 (FX majors only).
• No commissions are charged on the Standard accounts.
• 5-decimal pricing is offered on all account types (3 decimals for JPY pairs and 2 decimals for commodities)
• Margin call and stop-out levels on all accounts are set to 80% and 50%, respectively.
• Hedging and scalping strategies are allowed.
• A maximum of 500 orders are allowed to stay open simultaneously on all accounts.

V. Security and Regulation

The Cabana Capitals brand is operated by several entities in three jurisdictions.

In the island nation of St. Vincent & Grenadines, Cabana Capitals Ltd is registered as an international business company with company registration number 24185 IBC 2017.

Cabana Capitals also operates in South Africa, where it is managed by Gao Financial Services (Pty) Ltd. The company is authorised and licenced by the Financial Sector Conduct Authority (FSCA) in South Africa, with Financial Service Provider (FSP) licence number 44692.

In Mauritius, Cabana Capitals is managed by Cabana (Markets) Limited and is regulated by the Financial Services Commision of Mauritius (FSC) under the licence number GB22200748.

Residents of the United States of America are prohibited from using the company's platform due to local regulatory restrictions. Also, countries under financial sanction such as Iran, Syria, Afghanistan, Myanmar, North Korea, Somalia, Yemen, Iraq and Sudan are also barred from accessing Cabana Capitals due to international sanctions.

VI. Customer Support and Education

Cabana Capitals has a customer service team, which you can reach via the following contact channels:

• Email: support@cabanacapitals.com
• Live chat
• Facebook: facebook.com/CabanaCapitalsDubai/
• Twitter (X): twitter.com/cabana_capitals

Conclusion

Open an account on Cabana Capitals to enjoy the best of the MT4 and MT5, as well as the copy trading and PAMM services. The highly segmented account types ensure that you are able to get just the right account fit for you. The product offering on Cabana Capitals comes with plenty of user protection for your funds and for your profits.