SparkFX Review 2025: Unverified Dubai Claims and Rising Risks in the Arab Market
An in-depth review of SparkFX (Score 1.82) investigating claims of a Dubai license, expansion into Arabic markets, and reports of unfair account bans.
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Abstract:Cabana Capital has changed its name and logo, basically everything about its identity. This seems a bit suspicious, and it's something you should definitely be concerned about. In this article, you’ll learn about the red flags that every trader needs to watch out for.

Cabana Capital has changed its name and logo, basically everything about its identity. This seems a bit suspicious, and it's something you should definitely be concerned about. In this article, youll learn about the red flags that every trader needs to watch out for.
1. Low Score – A broker's score is an important criterion to consider when choosing a platform for trading. If a broker has a high score, it builds trust and encourages clients to invest. However, if the score is low, it creates doubt and leads to distrust. We found that Cabana Capital has 1.56 out of 10 on WikiFX.
2. Offshore Regulation – Always choose a broker that is fully regulated by a well-known authority, such as the FCA, ASIC, or SCM. In the case of Cabana Capital, it is only offshore regulated. This means it has a license, but not from any trusted or reputable authority— which is a serious concern. If you want to trade safely, it's best to stay away from this broker and avoid falling for a potential investment scam.
3. Name Changed — In early 2025, the broker changed its name and gave itself a fresh new look as part of a rebranding effort. While this kind of change is common in the financial industry, it often raises questions about the reasons behind it. Was it simply a marketing decision, or was the broker trying to distance itself from a negative past? When we looked into its reviews, ratings, and online reputation, we noticed several red flags, including complaints from users and low trust scores. These concerns suggest that the rebranding might not just be about a new image, but possibly an attempt to rebuild trust.

4. Troubling Reviews — Many users have shared complaints about this broker. The most common issue is trouble withdrawing funds, with some saying their money was delayed or never received. Other complaints include poor customer service and unclear fees, and unexpected changes in trading terms.
Also Read this article- www.wikifx.com/en/newsdetail/202507112904372669.html
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Please note: This article is for informational purposes only and does not constitute financial advice.

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