Island Capital LTD
Primary
VU
700627
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7 entities
1 account
unverified
Broker profile
BA
Bancara Review: Is It Legit and Regulated?
Island Capital LTD
VU
Operating period unverified
FindMyFX score
high risk5.4/10
0
Score out of 10
10
Independent assessment
Updated 2026-08-04
Contact & regulation
- Official website
- bancara.com
- Address
- Not verified
- Contact
- Not verified
- Primary license
- VFSC · Unverified
Missing values mean the information has not been verified or published yet—not that the broker does not provide it.
Quick verdict
Is Bancara legit and regulated?
FindMyFX has license records for Bancara, but none is currently presented as fully verified. Check each entity, jurisdiction, source, and verification date before depositing.
This is a source-limited research summary, not a safety guarantee or investment recommendation.
Broker-provided profile information is reviewed before publication. Paid profile features never affect FindMyFX scores, license verification, risk flags, reviews, complaints, or editorial decisions.
Broker-provided company information
Multi-asset trading brand with currencies, commodities, digital assets, indices, and shares offered through several named platforms and contracting entities.
Professional broker overview
FindMyFX editorial summary
Bancara is a multi-asset brand whose reviewed Vanuatu entity is Island Capital LTD. The VFSC lists Island Capital LTD as active under number 700627 with classes A, B and C, while Bancara's own disclosures list additional group entities in several jurisdictions. The terms state that the actual contracting entity is assigned during onboarding and that Bancara may act as counterparty to trades.
Prepared from reviewed sources for informational purposes. This is not investment advice.
Editorial note: Only the Vanuatu licence was independently matched to a regulator list in this research pass; other group-entity claims and client-specific protections require staff verification.
- Operational status
- active
- Broker type
- market_maker
- Execution model
- Bancara may act as the contractual counterparty to client trades; the assigned entity varies by onboarding.
- Support hours
- Not verified
Support languages: English
Documented advantages
- The VFSC independently lists Island Capital LTD as active under number 700627.
- The official site identifies products, platforms, account types, group entities, and restricted jurisdictions.
Documented limitations
- The client contracting entity varies and must be confirmed during onboarding.
- Account-specific leverage, spreads, minimum deposits, and fee schedules were not captured.
100%coverage
Published profile coverage
8 of 8 core information groups currently contain published data. This measures data availability, not broker quality or safety.
Company structure
Legal entities
Registered companies associated with this broker profile.
ALTUS INVESTIUM LTD
AU
ACN 169 233 078 / ABN 87 169 233 078
Bancara LTD
KM
CL20250609 / B2025121 / BFX2025085
BRIANA PAYMENTS LIMITED
NZ
FSP1010808 / NZBN 9429053039798
GLOBALINK TECH EOOD
BG
207779339
Magauta Capital (PTY) LTD
ZA
51687
Mybitok OÜ
EE
14668300
Trading access
Account types
Available account structures and their current verification state.
Demo
unverified- Deposit
- Not shown
- Leverage
- Not shown
Commission information not shown.
- Spread
- Not shown
- Base currencies
- Not shown
- Margin call / stop-out
- —% / —%
- Demo / Islamic
- Yes / Unknown
- Balance protection
- Unknown
- Last verified
- Not verified
Markets and instruments
Commodities
unverified
Currencies
unverified
Digital currency
unverified
Indices
unverified
Shares
unverified
Research sources
Licenses and regulators
VFSC
700627
Last verified: Not shown
Type: Financial Dealer
Client class: Not shown
Compensation: Not shown
Segregated funds: Unknown
Negative balance protection: Unknown
Score components
Regulation and licenses
7.5/10 · 35%The Vanuatu entity is independently listed by the VFSC as active under number 700627.
Security and track record
5.0/10 · 20%Regulator status and legal terms are available, but no complete cross-jurisdiction enforcement review was completed.
Trading conditions
5.0/10 · 15%Products, platforms, and account categories are listed; pricing and leverage remain unavailable.
Company transparency
7.5/10 · 10%The official site discloses multiple entities, licences, products, platforms, restrictions, and contracting-entity rules.
Service quality
2.5/10 · 10%Support infrastructure is referenced, but no verified service-quality dataset was reviewed.
Verified user reviews
0.0/10 · 10%No verified user-review dataset was reviewed from an inspectable independent source.
Profile update history
Broker profile was published.
2026-08-04
Related regulated broker profiles
These profiles share at least one recorded regulator. This is not a recommendation or equivalence claim.