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 120

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index6.18

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 : 2025-06-24
  • 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 108 for this broker in the past 3 months. Please be aware of the risk and the potential scam!

WikiFX Verification

Pyramid scheme complaint
Expose
Unable to Withdraw

They won't let me withdraw my money

Firstly, I was attracted by an advertisement from Mercado Pago for trading. They advised me that the more I invested, the higher the profit margin and I could withdraw my money anytime. They said I could buy and sell, and have a mentor to guide me. They reassured me I could withdraw my money whenever I wished, even if I regretted investing. I invested my $200 and now they're asking for tons of documentation to be able to withdraw my money and are asking me to sign a contract to complete the documentation process, promising that's how I'll get my money back, but I didn't sign. I urgently need help in withdrawing my money.

2025-06-13 11:28
Unable to Withdraw

Insistence on investing and difficulty with withdrawals

After making many low deposits with their promises of big profits, I first invested $800 little by little, it was all my savings, I lost everything. They convinced me that my capital was low and persuaded me to deposit $2000 (I took out a loan, with the bonuses they gave me I reached about $7000). In 4 business days, with their investment suggestions, I was already bankrupt. I took out another loan of $1000 thinking I could recover my investment, but in a few more days, I had lost everything. After a few days, they called me again offering a deposit of over $1000 to reopen the operations that were in the positive and recover my money. It seemed like the biggest scam and I didn't agree. I lost $4,800 in less than a month. They make you believe that you are winning, but when you realize it, you have no more margin to invest and all operations are closed.

2025-03-23 19:58
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

Fraud, unreliable, they manipulate you.

Warren wonie is a scam, I lost 7850 Dollars, it does not inspire confidence, why do they put obstacles to withdraw, if the withdrawal gets lost along the way no one responds, I was winning. and my account was filled with 135 thousand dollars, but suddenly, they liquidated it! and I lost everything. and even if you have a stable account, they call you and pressure you to keep depositing. they pressure you to take out every last penny. I lost, more or less 35 million Colombian pesos, and they still called me to take out more money. trying to convince me that it was profitable. what business is profitable if you lose $35 million in 6 months. your money is not safe on this platform, they always want you to maintain a 1.5% margin no operation is sustained with such a low percentage. since they are quite unreliable. the platform does not inspire confidence, as support never answers, nor do they explain why they deny your withdrawals.

2025-06-23 04:25
Unable to Withdraw

I cannot withdraw

I am not being allowed to withdraw my 200 dollars (equivalent to 862,326 Colombian pesos). I have tried to make several withdrawal requests, but they always ask me for personal information, claiming that it is necessary for contract renewal and to prevent the balance of my account from being lost. I have tried to generate the withdrawals, but they have been rejected due to issues with the documentation, such as the signature, the letter, or the scanning. My account balance is decreasing and, from what they tell me, if it continues to decrease, it will be even more difficult to make any withdrawals. I just want to recover my money and they keep asking me to deposit more in order to access it.

2025-01-26 01:57
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

    89

    Comments

    Write a review

    MARITZA ISABEL PRADA NEIVA
    0-3months
    Warren wonie es una estafa, yo perdí 7850 Dólares, no inspira confianza, por qué te colocan peros para retirar, si el retiro se pierde en el camino nadie responde, yo iba ganando. y mo cuenta llena 135 mil dólares, pero de un momento a otro, me la liquidaron! y perdí todo. y así, tengas una cuenta estable, ellos te llaman te presionan para que sigas depositando. te presionan para sacarte hasta el último peso. yo perdí, mas o menos 35 millones de pesos colombianos, y todavía me llamaban para sacarme más dinero. tratando de converserme que era rentable. que negocio es rentable si pierdes $35 millones en 6 meses. tu dinero no está seguro en esta plataforma, siempre quieren que mantengas un margen del 1.5% ninguna operación se sostiene con un porcentaje tan bajo. ya que son bastante bolubles. la plataforma no inspira confianza, ya que soporte nunca contesta, ni dan explicación sobre por qué niegan tus retiros.
    Warren wonie es una estafa, yo perdí 7850 Dólares, no inspira confianza, por qué te colocan peros para retirar, si el retiro se pierde en el camino nadie responde, yo iba ganando. y mo cuenta llena 135 mil dólares, pero de un momento a otro, me la liquidaron! y perdí todo. y así, tengas una cuenta estable, ellos te llaman te presionan para que sigas depositando. te presionan para sacarte hasta el último peso. yo perdí, mas o menos 35 millones de pesos colombianos, y todavía me llamaban para sacarme más dinero. tratando de converserme que era rentable. que negocio es rentable si pierdes $35 millones en 6 meses. tu dinero no está seguro en esta plataforma, siempre quieren que mantengas un margen del 1.5% ninguna operación se sostiene con un porcentaje tan bajo. ya que son bastante bolubles. la plataforma no inspira confianza, ya que soporte nunca contesta, ni dan explicación sobre por qué niegan tus retiros.
    Translate to English
    2025-06-23 04:25
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    FX2256450233
    0-3months
    Me engañaron y me llamaron para decirme que era una plataforma segura y que solo necesitaba depositar 200 dólares para ganar dinero todos los días. Después de depositar, me dijeron que la plataforma me asignaría un tutor y luego me enviaría un mensaje a través de whatsapp, pero no obtuve ganancias, sino que el dinero depositado no salió, realmente dudo de esta plataforma.
    Me engañaron y me llamaron para decirme que era una plataforma segura y que solo necesitaba depositar 200 dólares para ganar dinero todos los días. Después de depositar, me dijeron que la plataforma me asignaría un tutor y luego me enviaría un mensaje a través de whatsapp, pero no obtuve ganancias, sino que el dinero depositado no salió, realmente dudo de esta plataforma.
    Translate to English
    2025-06-23 00:40
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