Score

1.40 /10
Danger

Warren Bowie & Smith

Mauritius

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

C

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Comparison

Quantity 117

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index6.15

Risk Management Index0.00

Software Index4.00

License Index0.00

The WikiFX Score of this broker is reduced because of too many complaints!
Open Account
Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

Securcap Securities (MU) Ltd

Company Abbreviation

Warren Bowie & Smith

Platform registered country and region

Mauritius

Company website

X

Facebook

YouTube

WhatsApp

  • 447418350557

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 3
Previous Detection : 2025-05-30
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of the complaints received by WikiFX have reached 107 for this broker in the past 3 months. Please be aware of the risk and the potential scam!

WikiFX Verification

Pyramid scheme complaint
Expose
Scam

Scam and zero communication

Terrible scammers..!!? José Telles, in theory my assigned agent with repeated calls and words that led me to trust and deposit my savings.. ended up leading me to account liquidation. They scammed me out of 2000 dollars, and never contacted or responded to any of the emails I sent them. Meanwhile, they call you several times a day and stay in communication to take your money. It's hard to believe that no authority is doing anything and these people continue to steal. They present themselves as a reputable, award-winning and properly backed company. But it's a lie. You can never withdraw the money and they make you deposit more and more to save the account. PLEASE, HOW MANY PEOPLE SCAMMED!!!

2025-03-13 19:28
Scam

I cannot withdraw, I don't want to lose my money, help me.

They won't let me withdraw my money, so I've been keeping my account active to avoid losing it. However, they keep asking me to deposit more money. I've submitted several withdrawal requests, but I haven't closed the account because my savings and my family's savings are in it. We made a test withdrawal of $5 USD to verify that the money would go to the correct account, and that was the only thing they did. They keep asking me for more money to renew contracts with expiration dates, so that the money won't be lost, which obviously they would deduct from my account. My account has fallen twice, and to avoid losing my invested money, I have recovered it by making deposits. I have stabilized the account to be able to request withdrawals, and they have been generated. However, they reject them due to documentation, handwriting, signature, and scanning... and the account balance is decreasing, causing no withdrawals to be possible. They are asking me to deposit more money in order to withdraw money. I just want to recover my money, as they say that the less money in the account, the less they can do... Help...

2025-01-02 00:44
    Warren Bowie & Smith · Company summary
    Warren Bowie & SmithReview Summary
    Founded2020
    Registered Country/RegionMauritius
    RegulationNo regulation
    Market InstrumentsCommodities, currencies, stocks, ETFs, indices
    Demo Account
    Leverage/
    Spread/
    Trading PlatformThe Mobile Xcite, Xcite platform
    Min Deposit$200
    Customer SupportContact form
    Live chat
    Telegram, facebook, X, youtube
    WhatsApp number: +447418350557
    Tel: +448449864876
    Email: customer.service@wbandsmith.com
    Email: info@securcapmu.com
    Regional RestrictionsUS clients are not allowed

    Warren Bowie & Smith Information

    Warren Bowie & Smith is an unregulated broker, offering trading on commodities, currencies, stocks, ETFs and indices on The Mobile Xcite and Xcite platform trading platform. The minimum deposit requirement is $200.

    Warren Bowie & Smith Information

    Pros and Cons

    Pros Cons
    Various contact channelsNo regulation
    No demo accounts
    No MT4/MT5 platform
    High minimum deposit requirement

    Is Warren Bowie & Smith Legit?

    No. Warren Bowie & Smith currently has no valid regulations. Please be aware of the risk!

    Is Warren Bowie & Smith Legit?

    What Can I Trade on Warren Bowie & Smith?

    Tradable Instruments Supported
    Stocks
    ETFs
    Commodities
    Indices
    Currencies
    Bonds
    Cryptos
    What Can I Trade on Warren Bowie & Smith?

    Leverage

    The broker has not clearly provided the leverage it offers. The use of leverage can both work in your favour and against you. Leverage magnifies the returns from favorable movements in a currency's exchange rate.

    Warren Bowie & Smith Fees

    Trading Fees

    The broker requires no commissions.

    Warren Bowie & Smith Fees

    Warren Bowie & Smith Spreads

    The broker claims it offers competitive spreads for clients. However, it has not clearly provided the spreads it offers.

    Trading Platform

    Trading PlatformSupported Available Devices Suitable for
    The Mobile XciteMobile/
    Xcite platformWeb/
    MT4/Beginners
    MT5/Experienced trader
    Trading Platform
    Trading Platform

    Deposit and Withdrawal

    The broker accepts payments via visa, mastercard, Skrill, paysafecard, ApplePay, GooglePay, AstroPay, etc. The minimum deposit requirement is $200.

    No minimum withdrawal amount defined and no fees or charges specified.

    Deposit and Withdrawal

    News

    Exposure WikiFX Broker Assessment Series | Is Warren Bowie and Smith Reliable?

    In this article, we delve into a thorough examination of Warren Bowie and Smith (WBS), scrutinizing its key attributes, fee structures, safety protocols, deposit and withdrawal methods, trading platforms, and customer support services.

    WikiFX
    2024-03-05 17:10
     WikiFX Broker Assessment Series | Is Warren Bowie and Smith Reliable?

    User Reviews

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    User comment

    86

    Comments

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    FX1941332532
    0-3months
    Me llamaron unos asesores para invertir, le dije que si pero como no tenía todo el dinero, me dijo que con 100 dólares bastaba y que después ingresaba la otra mitad, investigue sobre la página y no me dió confianza, ahora quiero retirar mi dinero y no me deja
    Me llamaron unos asesores para invertir, le dije que si pero como no tenía todo el dinero, me dijo que con 100 dólares bastaba y que después ingresaba la otra mitad, investigue sobre la página y no me dió confianza, ahora quiero retirar mi dinero y no me deja
    Translate to English
    2025-05-27 10:59
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    FX2332378747
    0-3months
    Me dijeron que tenía que depositar 200 dólares que en pesos mexicanos son 4000 masomenos me pidieron que les mandara las capturas y la chica ya no me responde solo me deja en visto ayúdenme a recuperar mi dinero
    Me dijeron que tenía que depositar 200 dólares que en pesos mexicanos son 4000 masomenos me pidieron que les mandara las capturas y la chica ya no me responde solo me deja en visto ayúdenme a recuperar mi dinero
    Translate to English
    2025-05-16 12:30
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