Warren Bowie & Smith Spreads, leverage, minimum deposit Revealed

WikiFX | 2025-05-06 21:10

Abstract：Registered in Mauritius, Warren Bowie & Smith is a newly established a forex and CFD broker providing access to diversified financial markets, including Forex, Commodities, Stocks, ETFs, Indices, and more.

Warren Bowie & SmithReview Summary
Founded	2020
Registered Country/Region	Mauritius
Regulation	No regulation
Market Instruments	Commodities, currencies, stocks, ETFs, indices
Demo Account	❌
Leverage	/
Spread	/
Trading Platform	The Mobile Xcite, Xcite platform
Min Deposit	$200
Customer Support	Contact form
	Live chat
	Telegram, facebook, X, youtube
	WhatsApp number: +447418350557
	Tel: +448449864876
	Email: customer.service@wbandsmith.com
	Email: info@securcapmu.com
Regional Restrictions	US 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.

Pros and Cons

Pros	Cons
Various contact channels	No 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!

What Can I Trade on Warren Bowie & Smith?

Tradable Instruments	Supported
Stocks	✔
ETFs	✔
Commodities	✔
Indices	✔
Currencies	✔
Bonds	❌
Cryptos	❌

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 Spreads

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

Trading Platform

Trading Platform	Supported	Available Devices	Suitable for
The Mobile Xcite	✔	Mobile	/
Xcite platform	✔	Web	/
MT4	❌	/	Beginners
MT5	❌	/	Experienced trader

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.