What Account Types and Fees Does Cabana Capital Offer?
| Account Type |
Target User Group |
Essential Characteristics |
Applicability Notes |
| Active Account |
Beginners |
Low minimum deposit of $10, suitable for practice |
Ideal for novice traders looking to start without significant capital |
| Standard Account |
Intermediate Traders |
Minimum deposit of $50, competitive spreads |
Good for traders who have some experience and require more features |
| Premium Account |
Experienced Traders |
Minimum deposit of $100, enhanced trading conditions |
Suitable for traders seeking better support and tighter spreads |
| Trader Account |
Advanced Traders |
Minimum deposit of $250, access to advanced tools |
For traders needing higher leverage and better trading conditions |
| Elite Account |
Professional Traders |
Minimum deposit of $500, VIP support |
Designed for experienced traders requiring premium services |
| Raw ECN Account |
Institutional Traders |
Minimum deposit of $1,000, direct market access |
For high-volume traders demanding the best execution |
Account Opening Process
To open an account with Cabana Capital, follow these steps:
1. Personal Information Submission: Fill out your basic personal details including name, email, and phone number.
2. Employment Information: Provide information about your employment status and occupation.
3. Financial Information: Submit your financial background including income and trading experience.
4. Identity Verification: Upload required documents such as a government-issued ID and proof of address.
5. Account Flexibility: After opening an account, you can upgrade to a professional account if you meet the eligibility criteria.
Trading Fees
| Product |
Spread (pips) |
Commission |
Notes |
| Forex (EUR/USD) |
0.6 |
$0 (for Active, Standard, Premium) |
Tight spreads for major pairs |
| Forex (GBP/USD) |
0.8 |
$0 (for Active, Standard, Premium) |
Competitive pricing for popular pairs |
| CFDs (Stocks) |
1.0 |
$0 (for Active, Standard, Premium) |
Variable depending on stock |
| CFDs (Indices) |
1.5 |
$0 (for Active, Standard, Premium) |
Spread varies with market conditions |
| Cryptos (BTC/USD) |
1.0% |
$0.1 |
Volatility affects spread |
Other Fees
Cabana Capital has several non-trading fees to be aware of:
– Deposit/Withdrawal Fees: No fees charged for deposits or withdrawals.
– Inactivity Fees: A fee of $10 per month applies if the account is inactive for over three months.
– Platform Usage Fees: No additional fees for using the trading platform.
– Overnight Interest: Standard swap rates apply for positions held overnight.
– Currency Conversion Fees: May apply depending on the payment method used.
