Cabana Capitals discontinued its prop trading evaluation program in mid-August 2024, redirecting users to its retail brokerage offering. The firm cited "strategic refocus" but provided no specific reason for ending the program. Active funded accounts were given 90 days to withdraw remaining balances. This is a relatively clean exit by industry standards β traders had time to extract funds and no payouts were repudiated. Listed here as a reference example of an orderly wind-down.
Shutdown
Cabana Capitals (prop arm)
Wound down prop division; brokerage continued under the same name.
Shutdown
August 15, 2024
Cause
Shutdown