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Is Cabana Capitals reliable?
Joey Liau
Saint Vincent and the Grenadines
2023-03-23
ANSWER Cabana Capitals is an unlicensed broker even though it states offers that look too good to be true.Cabana Capitals claims to be operated by Cabana Capitals Limited incorporated in St. Vincent & the Grenadines with the registration number 24185. But first, it should be noted that the Financial Services Authority of Saint Vincent and the Grenadines (SVG FSA) does not have the authority to issue forex licenses and regulate forex trading activities. In addition, the Spanish National Securities Market Commission (CNMV) issued a warning that this firm has not been authorized to provide forex investments and services. You can check this full warning from here.Regarding your question, Cabana Capitals is not a reliable broker for trading. Letting this broker hold and control investors' funds or trading with it is very risky. There are no safeguards in place to protect investors. Therefore, we would suggest investors stay away from unlicensed brokers like Cabana Capitals and trade with fully regulated brokers.
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Can I use MT4 or MT5 to trade in this platform?
charlesvdw
Liechtenstein
2022-11-17
ANSWER Cabana Capitals is not a licensed or regulated broker even though it states offers that look good to be true.Cabana Capitals claims to be incorporated in St. Vincent & the Grenadines Financial Services Authority (SVG FSA) with the registration number: 24185 IBC 2017. We do find a match result to Cabana Capitals in SVG FSA. But SVG FSA does neither issue licenses for forex brokers nor regulate forex activities. Thie broker is merely a registered firm in SVG FSA that operates under no regulation.What's more, the Spanish National Securities Market Commission (CNMV) issued a warning that this firm has not been authorized to provide forex investments and services. You can check the full warning from here.The truth is, Cabana Capitals is not overseen by any regulators. That means your personal data or your funds in this broker are unsafe and cannot be protected by any law. We would recommend traders stay away from unregulated brokers like Cabana Capitals and trade with licensed brokers.
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Can I trade TRY/JPY here??
romrom daspan
Spain
2022-07-06
ANSWER Cabana Capitals is not a licensed or regulated broker even though it states offers that look good to be true. Cabana Capitals claims to be incorporated in St. Vincent & the Grenadines Financial Services Authority (SVG FSA) with the registration number: 24185 IBC 2017. We do find a match result to Cabana Capitals in SVG FSA. But SVG FSA does neither issue licenses for forex brokers nor regulate forex activities. What's more, the Spanish National Securities Market Commission (CNMV) issued a warning that this firm has not been authorized to provide forex investments and services. You can check the full warning from here.The truth is, Cabana Capitals is not overseen by any regulators. That means your personal data or your funds in this broker are unsafe and cannot be protected by any law. We would recommend traders stay away from unregulated brokers like Cabana Capitals and trade with licensed brokers.
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FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

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