Global Broker governance & inquiry App
No Regulation
Score
0123456789
.
0123456789
0123456789
/10
The WikiFX Score of this broker is reduced because of too many complaints!
Warren Bowie & Smith
Mauritius|2-5 years| Suspicious Scope of Business|High potential risk|
https://www.wbandsmith.com/
Website
Rating Index
Contact
+44 2031299376
customer.service@wbandsmith.com
https://www.wbandsmith.com/
Suite 602, 6th Floor, Hennessy Tower, Pope Hennessy Street, Port Louis, Mauritius
The WikiFX Score of this broker is reduced because of too many complaints!
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
Open Now
Contact number
English
+44 2031299376
Broker Information
More
Company Name
Warren Bowie and Smith
Company Abbreviation
Warren Bowie & Smith
Platform registered country and region
Mauritius
Company website
Facebook
YouTube
WhatsApp
+447418350557
Pyramid scheme complaint
Expose
Check whenever you want
Download App for complete information
Warning: Low score, please stay away!
3
Previous Detection :
2024-04-25
- 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 66 for this broker in the past 3 months. Please be aware of the risk and the potential scam!
WikiFX Verification
Users who viewed Warren Bowie & Smith also viewed..
XM
9.04
Score10-15 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
Official website
FP Markets
8.87
Score15-20 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
Official website
VT Markets
8.64
Score5-10 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
Official website
KCM Trade
7.74
Score5-10 yearsStraight Through Processing(STP)MT4 Full License
Official website
Exposure
74 pieces of exposure in total Pyramid scheme complaint
Expose Unable to Withdraw
It won't allow me to withdraw the money
I made payment by yape and now it won't allow me to withdraw.
2023-10-17 17:47
Unable to Withdraw
I can't withdraw my money
They contacted me on WhatsApp and promised me attractive investments without losses. When I tried to withdraw my money, the app did not allow me, and I only received an email attached to the photo.
2024-03-31 08:38
Unable to Withdraw
It won't let me withdraw my money.
They marked me and convinced me to make an investment and told me that my money would always be available when I wanted to withdraw it. But when I did a withdrawal test it did not allow me to do so. It only appears that the request was made but it does not allow me to make the withdrawal.
2023-12-09 10:54
Scam
Broker plot a scam to ruined my 8k $ investment
Warren Bowie & Smith, a scam and fraud investment platform, where their brokers deliberately keep your account’s margin at risk by investing wrong sides of market and keep making situations to force you investing more. This happen to me from first trade Broker Ibrahim Sayyed an Indian, put my account in plight situation once Crude oil was going to its peak he put 1000 unit in sell direction, Dow life times low he put in buy direction 10 units, and every day keep asking invest more to survive. I keep invested after each wrong trade he put me another wrong direction and excuse that market is not going predictable, all 7/8 trades deliberate he invested wrong side. On complain to company to change account manager, company did not bother and today morning my account freezes due to insufficient balance while I invest 8k $ with out any single withdraw. I recommend other never ever trust this platform their ambitions are to scam your hard earn money. As you can see in graph I was never being instructed to invest in right side.
2023-10-09 11:37
Unable to Withdraw
It won't allow me to withdraw my money
I made two payments by yape from which they told me I could withdraw but it does not allow me to withdraw my money.
2023-10-21 02:01
Resolved
It won't allow me to withdraw my funds
A few days ago, they told me about Warren Brownie and they told me that I could make more money by investing with them. But now they don't allow me to withdraw the funds from the account and only a box appears saying that the application is in process.
2023-10-21 15:33
Scam
Fraud
They made me a call to invest in the platform which I agreed to because it was what I was looking for. But they did not warn me that the profits would belong to them. I invested $200 dollars and they offered me to double my investment. They made me fill out some requirements, the people who They called me: Valeria, Dante and Alejandro Manríquez, he is the supposed advisor who guides you to earn money. I had not been informed very well until I saw that the profits were lost. It does not allow me to make a withdrawal and I cannot add the account for withdrawal. I hope someone can help me.
2023-10-18 01:11
Unable to Withdraw
SCAMMERS
Hello, I'm just coming to report Warren Bowie, my mother was a victim of these scammers. They told her things were very nice and they convinced her to deposit because it would generate profits, which was a horrible scam. When she told me that, I told her to make a withdrawal because, for me, all of that It smelled bad at the moment, knowing how to make a withdrawal, not a process, every day they dialed to deposit more money, which I told my mother not to do that anymore, just say that we wanted to withdraw, because that's when it all started when I entered their platform, I had emptied all the money. They left her without 1 peso, it makes me angry because we don't have money, we are from the village and those hungry people take advantage of the situation. I know that the money will no longer be recovered, but I am only telling my experience so that more people don't fall for these scammers. My mother's innocence, not knowing much about these platforms, was a victim but one day those scammers will pay for it and more expensively. ANNEX EVIDENCES
2024-01-04 22:54
Others
100% scammers
People who works in BPO in sri lanka, organized scammers,before it was on 70trades and a3 trading attached demo account ss and staff name list
2023-12-29 23:33
Scam
Fraudulent broker
In a week and a half of operations and with an investment of USD 7,500, with supposed profits of more than 60 thousand dollars, they induce me to deplete the account by opening operations all at a loss. Now the balance is just under $3000 and no one is responding.
2024-03-01 08:54
Unable to Withdraw
SCAM!!! They don’t let you withdraw
My mom started around 1 month ago. They took advantage of my mom, they called her to make her invest with 200 usd opening an account for her. They were calling her daily to do tradings and also promising here she would make profits. When she started to see an increase in her balance they asked for more. My mom ended up investing 1,350 usd, all of her last savings. She wanted to withdraw 800 to which they started to request paperwork and also stopped calling her. The request to withdraw was denied in the app itself, and they were just making up excuses that my mom’s paperwork was incomplete. Finally today the balance shows up as 0, nobody answers email/phone, nobody called her today. STAY AWAY from this FRAUD
2024-01-13 04:00
Unable to Withdraw
I invested 7500 USD in warren Bowie and smith
Respected sir, I am Jeevan Roy Chalippattu Roy from India am working in Abudhabi. I opened a trading account in WARREN BOWIE & SMITH application and they call me and compelled me to deposit money for trading and I deposited 7500 USD and started trading also then 1st trading was over and they asked me to request for withdrawal amount of 200 USD and I applied withdrawal they approved and I received the money back to my account. After that I made another trading and one that trading was over I applied for another withdrawal of 500 USD but they declined after that I traded again then that also was got profit and I made withdrawal requests they canceled my withdrawal requests. They maid trade from my account without my permission and they asked me to deposit more money again and again. One staff MR.Ishwar is calling me continuously for depositing money for trading. They scammed my all money and they are not giving me anything back. I used my credit card for depositing money while depositing money Mr. Ishwar said that he will pay back all money before 20th December 2023. Please help me to get back my money back. Kindly help me with this issue please and take action against this scam broker. Regards Jeevan Roy
2023-12-26 10:34
Severe Slippage
Account settlement
Today when my account is about to be liquidated, an advisor calls me and tells me that the only way to save it is to deposit more money than I have already deposited to them.
2024-03-05 07:18
Unable to Withdraw
unable to withdraw
I started trading using warren bowie and smith platform, I made profit to upto 2166, when i make withdrawal they keep on asking for documents like bank details IBAN and swift code which I already provide to them, except 1 my UAE id card which they can use use to empty my account.
2024-02-07 02:27
Scam
Fraud
Good morning, my case is similar to many with the broker Warren Bowie. They told me with the purpose of starting my investment was $200, then they called me again to make a larger deposit with the objective of obtaining greater profits in total I deposited more than $10,000, at the beginning there were good profits and then in some operation given by the The company's agent went against it and at that time they contacted him again with the scam of saving the account and the profits had to be deposited more for the account to support and it never happened and the margin reached zero. They offered bonuses to keep working, they called him one to two times a day. I hope you can help me, I appreciate your help, thank you in advance
2023-10-12 03:17
Scam
Loss of deposited money. Induced fraud
In August 2023, a person named Bruno contacted me to convince me to register with the company Warren Bowie & Smith to offer their investment advisory services. (The truth is, I wanted to enter the world of the stock market, I read and had a beginner's course), later Dante Gallegos contacted me to ask me for the documents to verify the account. My first advisor Carlos Duran, I started with 200 dollars, they They gave me 200 more dollars for registering and investing, they convinced me to increase the account to earn more, we were earning about 700 dollars, but strangely one day when the broken advisor named Carlos Duran was missing, other people contacted me, advising me why Carlos was sick, and they didn't know when he was coming back, so he induced me to invest in some assets that made me lose everything, the next day Carlos contacted me and told me that my account had been liquidated, I said well, no way until I got there, Carlos the broken or advisor told me, I already talked to the company, we are going to give you 200 dollars, I said well, then we continue, it turns out that later he told me to invest more because he earned well and that he could earn up to 10 thousand dollars in the month, but that there was to invest, the company gave me guaranteed openings with 50% etc etc, that I invested 5 thousand dollars and that in a week I recovered the investment and with guaranteed profits and I did it, I invested 5000 dollars, no one told me about leverages and other things that I did not know , it actually made the account go up, I tried to withdraw $3,000 dollars and it took me a week and he didn't let me, again Carlos no longer attended to me from one day to the next, Daniel Carmona began to assist me, who told me that due to the operations open, I couldn't withdraw money, but they were going to advise me that I was more conservative, well the same thing happens again, he tells me what to invest etc etc, that the account is going to be liquidated, and that for every 1000 dollars they put 2000, in total $9,900.00 dollars, I invested in gold and other assets and I won, it turns out that Daniel told me what assets to invest in, and most of them went in the opposite direction, every day they required investing large amounts putting the account at risk , again on Monday 10-30-2023, they contact me again and again 2 (Nicolas and Aquiles) different advisors, so that I can invest in some assets, ask for Danie, and they tell me that he was going to be absent for a few days, these advisors They make me invest in assets that immediately go to a loss and hooo!!! Incredibly, Daniel appears and tells me why I invested, I explained to him what happened and he told me we had to save the account before it was liquidated, he made me deposit another 1000 dollars because he wanted me to deposit 5 thousand dollars, because he was going to do some reopenings , and that's what that money was used for. I was winning on my investments and they have dedicated themselves to making me lose, it's incredible. At this moment that I write, I am still with them, but they have already overwhelmed me, now they are asking me for at least 5 thousand more dollars to invest so that the account is not going to be liquidated, I have already invested $$9,900.00 dollars, which in Mexican pesos is approximately $178,200.00 mx ., it is a lot of money for me and the sad thing is that I am about to lose it and it is resources from my family or from my wife, daughters and me and some bank loans. Yesterday 01-11-202 made me close positions in losses for more than 8 thousand dollars with the Nasdaq and the Currency and the same day those assets went up... I am not going to give them more money, I know that they are going to try to convince or intimidate me if I do not give the money, which I will not give it, for what I will lose everything invested, today I understand that this is an induced fraud. I have all my deposits and covers of my progress from where it starts and where it goes up, I have profits of 34 thousand dollars and they took care of downloading everything. What can I do, how They help me, what do they advise me to do.
2023-11-02 15:52
Warren Bowie & Smith · Company Summary
| Aspect | Information |
| Registered Country/Area | Mauritius |
| Founded year | 1-2 years |
| Company Name | Warren Bowie and Smith |
| Regulation | No Regulation |
| Minimum Deposit | $200 |
| Maximum Leverage | Not specified |
| Spreads | From 0 pip |
| Trading Platforms | Xcite Platform, Mobile Xcite App |
| Tradable assets | Commodities, Currencies, Stocks, ETFs, Indices |
| Account Types | Retail Clients, Professional Clients |
| Demo Account | Not specified |
| Islamic Account | Not specified |
| Customer Support | Phone, Email, Online Chat, Whatsapp, Social Media |
| Payment Methods | VISA, MasterCard, Maestro, Skrill, Bank Transfer, Pay Retail, Safety Pay, Paysafecard,Google Pay and Apple Pay |
| Educational Tools | Candlestick charts, Economic Calendar, Fundamental Analysis tools, Autochartist |
General Information
Warren Bowie & Smith is a brokerage firm based in Mauritius that operates without regulation, posing potential risks for investors. As an unregulated broker, the company lacks accountability and transparency, which are essential for ensuring fair practices in the financial industry. Regulated brokers adhere to strict rules and regulations imposed by financial authorities, providing a level of protection for investors. Without such oversight, investors should exercise caution when considering engaging with Warren Bowie & Smith.
The broker offers trading services in various financial markets, including commodities, currencies, stocks, ETFs, and indices. Trading in these markets can provide opportunities for diversification and potential profits. However, it is important to note the inherent risks associated with trading, such as high volatility and the absence of profit guarantees.
Warren Bowie & Smith's website and platform, Xcite, offer access to trading tools and resources to assist traders in their activities. These tools include candlestick charts for technical analysis, an economic calendar to track important events, fundamental analysis resources, and the Autochartist tool for identifying potential trading opportunities. The mobile Xcite app allows users to trade on the go.
In terms of customer support, Warren Bowie & Smith offers multiple contact channels, including online chat, phone, email, Whatsapp, and social media platforms. These channels allow investors to reach out to the broker's support team for assistance or inquiries.
Overall, investors should carefully consider the risks associated with engaging with an unregulated broker like Warren Bowie & Smith. Lack of regulation raises concerns about the company's legitimacy and reliability. It is advisable to conduct thorough research, seek professional advice, and consider regulated alternatives before making any investment decisions.
| Pros | Cons |
| Access to trading tools | Lack of regulation and oversight. |
| Mobile trading app | Lack of transparency and accountability. |
| Allows clients to start trading with a minimum deposit of $200 | Lack of specific information about account details. |
| Various payment methods for depositing funds | High inactivity fee of $500 per quarter. |
| No charges for deposits and withdrawals | Limited educational resources for Obeginner traders. |
| optimization for Android and iOS devices | Limited trading options for certain international markets. |
| Access to market news and economic calendar | Limited customization options for trading interface. |
| Autochartist tool for identifying trading opportunities | Limited risk management features. |
Regulatory Details
Warren Bowie & Smith is a brokerage firm that is currently not regulated. This means that they do not have any valid regulatory oversight or authorization from a recognized financial authority. As a result, engaging with this brokerage poses significant risks to investors.
It is important to note that the lack of regulation indicates a lack of accountability and transparency. Regulated brokers are subject to strict rules and regulations imposed by financial authorities, which are designed to protect investors and ensure fair practices. Without regulation, there is no guarantee that Warren Bowie & Smith will operate in a trustworthy and legitimate manner.
Market Instruments
Warren Bowie & Smith provides the access to five financial markets, which covers Commodities, Currencies, Stocks, ETFs and Indices.
Commodities: Warren Bowie & Smith provides access to commodities trading, including popular instruments such as gold and oil. These commodities are widely traded and can offer potential opportunities for investors looking to diversify their portfolios or speculate on price movements.
Currencies: The brokerage allows trading in various currency pairs, enabling investors to participate in the foreign exchange market. Currency trading offers the potential for profit through fluctuations in exchange rates, and it is a highly liquid market with round-the-clock trading.
Stocks: Warren Bowie & Smith offers access to stocks, allowing investors to trade shares of individual companies. This provides an opportunity to invest in specific companies and potentially benefit from their performance or capitalize on market trends.
ETFs (Exchange-Traded Funds): The brokerage also provides access to ETFs, which are investment funds traded on stock exchanges. ETFs offer diversification by including multiple assets within a single fund.
Indices: Warren Bowie & Smith allows trading on various indices, including the S&P 500, Dow Jones Industrial Average, NASDAQ, Russel 3000, and FTSE. These indices represent baskets of stocks and provide a snapshot of the overall market performance or specific sectors.
Account Issues
There are no more account details disclosed, such as account setting, account features. But you should note that some account rules stated in the Terms & Conditions:
1. The company is entitled to close your account with immediate effect or to suspend, restrict or withdraw your access to the trading platform in the event that the company has reasonable belief that you are in breach of this agreement with or without providing any reason.
2. In the event that the value of your account that is not less than the margin, all open trades shall be automatically closed by the trading platform.
How to Open an Account
To open an account with Warren Bowie & Smith, follow these steps:
1. Visit their website and locate the “Register” button. Click on it to begin the registration process.
2. If you already have an account, you can log in using your credentials. Otherwise, proceed with creating a new account.
3. Fill in the required information, including your full name, country code, phone number, email address, and a password of at least 8 characters. Ensure that you provide accurate details.
4. Add any verification code that may be required to complete the registration process. This step is typically done to confirm your contact information.
5. Review and agree to the Terms and Conditions of Warren Bowie & Smith. This is an important step as it outlines the legal agreement between you and the brokerage. Make sure to read and understand the terms before proceeding.
6. Once your account is registered, you can initiate the deposit process. Follow the instructions provided by Warren Bowie & Smith to fill in the necessary details for your deposit. They will likely require information such as the deposit amount, preferred payment method, and any additional information needed for the transaction.
7. After completing the deposit, you will be required to make a relatively small initial CFD investment. Warren Bowie & Smith mentions that an investment of $200 will grant you access to the potential profit opportunities in the financial markets. Be aware of the risks involved in trading and consider your financial situation before investing.
8. As a next step, Warren Bowie & Smith will send you an e-Book and training material specifically designed for beginner traders. This material aims to provide you with the necessary knowledge and guidance to start trading effectively.
9. Once you have completed the previous steps, you are ready to start trading on your own. Utilize the resources provided by Warren Bowie & Smith and apply your knowledge to make informed trading decisions.
Remember to exercise caution, conduct proper research, and consider seeking professional advice before engaging in any trading activities.
Fees
Warren Bowie & Smith implements various fees that traders should be aware of. These fees are categorized into three types: Spread Fee, Rollover Fee, and Administrative Fee. It's important to note that detailed information about these fees can be found on the broker's website.
Spread Fee: Warren Bowie & Smith charges a Spread Fee for every trade that is opened.
Rollover Fee: A Rollover Fee is applied to any trade that is left open overnight. The fee is calculated as 0.02% of the overnight exposure for currencies, stocks, indices, and commodities. For cryptocurrencies, the Rollover Fee is 0.5% of the overnight exposure.
Administrative Fee: If there is no trading activity on your account for a period of at least 3 months, an Administrative Fee is charged. Unfortunately, the exact amount of this fee is not specified in the given information.
In addition to the trading fees, spreads, and commissions, Warren Bowie & Smith also charges other fees, including rollover fees and inactivity fees. The rollover fee is explained above, while the inactivity fee is described as follows: If an account remains inactive for at least three months, a fee of $500 per quarter will be charged.
| Pros | Cons |
| No charges for deposits and withdrawals | Lack of specific information Google Payabout the Spread Fee |
| Detailed information available on the website | Rollover fee percentages vary depending on asset type |
| Administrative Fee amount not provided | |
| High inactivity fee of $500 per quarter |
Trading Platform
Mobile Xcite App:
Warren Bowie & Smith offers a mobile trading app that is compatible with both iOS and Android devices. This app allows users to trade on the go and provides an optimized trading experience. It offers fast trade execution, an exclusive list of assets to trade, and elaborate research tools. The mobile app is designed to provide the same features and benefits as the desktop version, ensuring users can access the platform from anywhere in the world with a simple touch.
Xcite Platform:
The Xcite platform is Warren Bowie & Smith's flagship trading platform. It is available in both web and mobile versions, providing users with access to global markets and a comprehensive set of research tools. The platform is intuitive and user-friendly, making CFD trading easier and more exciting. It offers a range of features, including the Autochartist, which analyzes market data and provides valuable insights. The Xcite platform also keeps users informed about the latest market trends, news, and strategies.
| Pros | Cons |
| Mobile app allows trading on the go | Lack of information on advanced features and customization |
| Fast trade execution | Limited details on research tools and analysis capabilities |
| Exclusive list of assets | Lack of information on risk management tools |
| Elaborate research tools | No information on trading platform stability and reliability |
| Perfect optimization for Android and iOS devices | Limited information on order types and execution options |
| User-friendly interface | Lack of information on customer support and assistance |
| Access to market news and economic calendar | Limited information on platform security and data protection |
Payment Methods
Warren Bowie & Smith requires a minimum deposit of $200 to get started, and you can fund your account through the following payment methods:
VISA
MasterCard
Maestro
Skrill
Bank Transfer
Pay Retail
Safety Pay
Paysafecard
The minimum withdrawal amount through a bank wire is $100. Clients responsible for any bank charges or transfer fees when withdrawing or depositing funds.
| Pros | Cons |
| Offers various payment methods for depositing funds | Minimum withdrawal amount of $100 for bank wire transfers |
| Allows clients to start trading with a minimum deposit of $200 | Clients responsible for bank charges or transfer fees |
| All trading deposits are converted into USD for consistency | Limited information available on withdrawal processing times |
Trading Tools
Warren Bowie & Smith provides a range of trading tools to assist traders in their CFD trading activities. These tools are designed to help users enhance their knowledge, save time, and make more informed trading decisions. Here are some of the trading tools offered by Warren Bowie & Smith:
Candlestick charts: Candlestick charts are a popular and widely used tool in technical analysis. They provide visual representations of price movements, allowing traders to identify patterns and trends. By using candlestick charts, traders can analyze price action and make predictions about future market movements.
Economic Calendar: An economic calendar is a tool that displays upcoming economic events, such as key economic indicators, central bank announcements, and other important news releases. This tool helps traders stay informed about events that could potentially impact the financial markets. By keeping track of economic events, traders can adjust their strategies and make informed trading decisions based on market expectations.
Fundamental Analysis: Fundamental analysis is a method of evaluating the intrinsic value of an asset by analyzing economic, financial, and other qualitative and quantitative factors. Warren Bowie & Smith offers tools to assist traders in conducting fundamental analysis, such as access to company reports, financial statements, and economic data. By analyzing fundamental factors, traders can assess the long-term prospects of an asset and make investment decisions accordingly.
Autochartist: Autochartist is a powerful tool that scans the markets and identifies potential trading opportunities based on technical analysis patterns. It automatically analyzes charts and provides real-time alerts for various chart patterns, such as triangles, wedges, and head and shoulders. This tool can help traders save time by highlighting potential trade setups and generating trade ideas.
| Pros | Cons |
| Access to candlestick charts for technical analysis | Specific limitations of the tools not mentioned |
| Availability of an economic calendar | Lack of information on the depth and accuracy of the economic calendar |
| Access to fundamental analysis tools | Potential limited scope of fundamental analysis tools provided |
| Autochartist tool for identifying trading opportunities | Lack of information on the accuracy and effectiveness of the Autochartist tool |
Trading Hours
Warren Bowie & Smith provides access to the global forex markets during their official working hours. The company allows trading from 10:00 pm GMT on Sunday until 10:00 pm GMT on Friday, encompassing online FX and commodities trading. However, the specific trading hours for online FX or commodities vary depending on the market being invested in.
For CFDs, the trading hours are determined by the location of the market:
US Market CFDs: These CFDs are traded from 14:30 to 21:00 GMT, Monday to Friday.
European & British Market CFDs: The trading hours for these CFDs are from 8:00 to 4:30 pm GMT, Monday to Friday.
Asian Market CFDs: The trading hours for Asian Market CFDs are split into two sessions. The first session is from 00:00 am to 2:00 am GMT, and the second session is from 15:30 to 18:00 GMT, both occurring from Monday to Friday.
Customer Support
Warren Bowie & Smith offers multiple contact channels for customer support, aiming to provide better service to its clients. You can reach out to them through the following channels:
Online Chat: They have an online chat feature available on their website, allowing you to communicate with their support team in real-time.
Phone: You can contact their customer support team by phone at +442031299376. This gives you the option to directly speak with a representative and address your queries or concerns.
Email: If you prefer written communication, you can send an email to customer.service@wbandsmith.com. This allows you to provide detailed information about your query or request.
Whatsapp: Warren Bowie & Smith also provides a Whatsapp number for customer support, which is +447418350557. This channel enables you to engage with their support team via the popular messaging app.
Social Media: Additionally, you can keep up with Warren Bowie & Smith's updates and announcements by following them on Facebook, Twitter, and Youtube.
Conclusion
In conclusion, Warren Bowie & Smith is an unregulated brokerage firm based in Mauritius, which raises significant concerns regarding its legitimacy and transparency. Without proper regulatory oversight, investors face high potential risks when engaging with this broker. While Warren Bowie & Smith offers access to various market instruments, including commodities, currencies, stocks, ETFs, and indices, and provides trading platforms such as the Xcite platform and a mobile app, there are several disadvantages to consider. These include the lack of regulation and accountability, limited information on account settings and features, undisclosed fees, high inactivity fees, and a lack of clarity on withdrawal processing times. Investors should exercise caution, conduct thorough research, and seek professional advice before considering any involvement with Warren Bowie & Smith.
FAQs
Q: Is Warren Bowie & Smith a regulated brokerage firm？
A: No, Warren Bowie & Smith is currently not regulated, which means they do not have any valid regulatory oversight or authorization from a recognized financial authority. Trading with an unregulated broker carries significant risks.
Q: What market instruments can I trade with Warren Bowie & Smith？
A: Warren Bowie & Smith offers trading in commodities, currencies, stocks, ETFs (Exchange-Traded Funds), and indices. These instruments provide opportunities for diversification and potential profits.
Q: What account types are available for clients of Warren Bowie & Smith？
A: Warren Bowie & Smith offers trading accounts for both retail and professional clients. However, specific details about the account settings and features are not disclosed in the available information. It is recommended to contact their customer service for more information.
Q: How can I open an account with Warren Bowie & Smith？
A: To open an account, visit their website and click on the “Register” button. Fill in the required information, agree to the Terms and Conditions, and complete the deposit process. An initial CFD investment of $200 is required. Afterward, you will receive an e-Book and training material for beginner traders.
Q: What fees does Warren Bowie & Smith charge？
A: Warren Bowie & Smith implements spread fees, rollover fees, and an administrative fee. However, specific details about these fees are not provided in the available information. It is recommended to check their website for detailed fee information.
Q: How can I deposit and withdraw funds with Warren Bowie & Smith？
A: Warren Bowie & Smith offers various deposit methods, including VISA, MasterCard, Maestro, Skrill, Bank Transfer, Pay Retail, Safety Pay, Paysafecard, Google Pay and Apple Pay. For withdrawals, clients should note the minimum withdrawal amount for bank wire transfers is $100. Clients are responsible for any bank charges or transfer fees.
Q: What trading platforms does Warren Bowie & Smith provide？
A: Warren Bowie & Smith offers a mobile trading app called Mobile Xcite App, compatible with iOS and Android devices. They also provide the Xcite Platform, available in both web and mobile versions, offering access to global markets and a comprehensive set of research tools.
Q: What trading tools are available with Warren Bowie & Smith？
A: Warren Bowie & Smith provides candlestick charts for technical analysis, an economic calendar, fundamental analysis tools, and the Autochartist tool for identifying potential trading opportunities.
Q: What are the trading hours with Warren Bowie & Smith？
A: Warren Bowie & Smith allows trading from 10:00 pm GMT on Sunday until 10:00 pm GMT on Friday for online FX and commodities. The trading hours for CFDs vary depending on the market being invested in.
Q: How can I contact customer support at Warren Bowie & Smith？
A: You can contact their customer support through online chat on their website, phone at +442031299376, email at customer.service@wbandsmith.com, Whatsapp at +447418350557, and by following them on social media platforms.
User Reviews
Sort by content
- Sort by content
- Sort by time
User comment
66
CommentsWrite a review
Alejandro2931
3-6months
SCAM! I put in 250 dollars because I thought I was going to earn something with them, everything was going well, until suddenly I wanted to get some of my earnings on this platform. Even though I did what they told me, my earnings began to drop and from one day to the next, my account was at zero. I wanted to contact them to find out what was happening. THEY DO NOT ANSWER ME This entire company is a fraud, do not invest with them. The only thing I want is my money back.
2023-12-15 04:49
Olivia9329
3-6months
Excellent broker. Although I had some ups and downs with them in the past, they have proven to me that they are reputable and that I can continue to work with them. One of the things I enjoy about the broker is that, unlike other brokers, they do not promise you huge false gains. However, they would offer you an estimate that you could make, and they would stick to their word. If you're looking for a broker who truly cares about its clients, Warren Bowie & Smith is an excellent choice.
2023-11-15 15:31Ashfaq Hayat
3-6months
I enjoy trading with this broker because everything has gone good thus far. I like my experience, and I'm sure it's similar to many others out there. I've seen a lot of negative feedback, and I'm not sure if it's accurate or not. All I can say is that my experience has been fantastic, and I encourage anyone who has had a terrible experience to contact the broker; they may be able to assist you if you have any concerns. I hope this helps anyone who are just getting started on the platform. If you require any additional information, please send me a message or respond to my message.
2023-11-03 22:10Farah Amal Abdul
3-6months
I trade $25,000 on the broker and make a big profit. In a week, I can make up to $6,000, and I can also make as little as $1,000. But that's precisely how the market works: you make big gains and small gains. It is ideal to begin while the market is performing well so that you may make good profits. My recommendation is to not begin small because the profit will be so small. If you want to make good money, start with a reasonable sum, such as $1,000. The reason for this is that I started small and never made any significant increases; I was making around $50 per week and sometimes as little as $30. All I'll say is to figure out how much money you have and start with the most. I am confident that everyone who started little can see that I am telling the truth.
2023-11-03 16:40Hassan Amir
3-6months
Broker is not a bad option right now. I began 2019 with them. Although there were occasions when I felt they were scammers, they convinced me that they were not, and my time with them has been enjoyable since then. They are said to be awful by others. Are you certain about what you're saying? I've been trading with four pals on this broker, and I was even introduced to them while living in Kuwait, and it's been a positive experience thus far. I do encourage that folks trade with them; they are not as awful as some people here claim.
2023-11-02 19:10Barry Khan Mazaar
3-6months
Great broker, amazing services... start 2 months ago and till now it's all good. Will keep trading with them and see.
2023-11-02 19:01Liza6817
6-12months
Don't invest your money, it's a scam. I was scammed out of 1,000 dollars. I would like someone to help me to know if I can get my money back or not. I don't give it any stars.
2023-10-20 06:22
mertt
6-12months
Do not use do not put any money ,i just put 200 dollars for this m f platform and just a fake.
2023-10-13 20:29gguillen
6-12months
Very bad broker, their advisors do not know, and when support is needed to solve a problem, they do not give the attention that is required, I lost more than 40,000 dollars and I am in debt, In the same way they leave their clients alone, When the account, what due to their bad advice, they are at risk, they get lost, they do not answer emails or calls, or they say that it is necessary to make a deposit that exceeds half of the money that is at risk. From my own experience, I do not recommend anyone to trade with them.
2023-07-18 06:18Fernandez Cynthia
more than one year
Good broker... I love the withdrawal process it's very fast even when I use my local bank account in Armenia it's still work fine. I recommend for those in Dubai, they are reliable and they keep to their words. They also have wonderful customer support incase you have any question to ask... I got one of the best service from Jason, he is so gentle and takes his time to explain and help you out.
2023-03-08 18:32Polash Khan
more than one year
Great broker... Love their automated system as I am not used to trading by myself. The account manager is as well very helpful. Although, I wasn't dealing with the account manager that much as I had the platform doing all trading for me. The only thing I did was come on my platform and see what signals was available for the day and I take the trade.
2023-03-08 18:26Florenz
more than one year
Nice broker... very up to date account manager with Fundamentals.... I started in Dubai when I registered on their platform. At first I was afraid with their system as they offer both manual and automated system. I gave their automated system a try and it was not bad.. Although they said that I can make $10- $25 with $200 deposit. However, I never made up to that $25, the maximum I made was $22. In a week I have made the highest $115 and in a month around $350 - $420.
2023-03-08 18:08
Ajaysharma
more than one year
according to my concern who ever mentioned fake or scam they really does not know abt the trading and word of scam they use to trade alone and they lost their self and putting some bad comments for such a regulated broker..i think these are from competitors or some other paid promotions..my family back middle east and my friends trading more than 3 years in this platform there are no issues if any one need proof i am here to send you
2023-03-08 05:42Ademola273
more than one year
Very good broker...Account manager she is very helpful. I started recently and my account is in profit. Although, the profit is not much, I make like $15 daily but anyways still not bad because I am trading with a small account.
2023-03-02 20:00
傑jay
more than one year
This broker offers weak trading platform, which result in my losses here. I was given the bad trading signals all the time, and my trades were closed forcefully. I realized it is a scammer now.
2023-02-21 21:26Siddhant
more than one year
This is one of the best trading platforms I have used so far. As trading is risky, one must have the proper knowledge to use the platform. I have earned a good amount from it. So, I will recommend it to all!
2023-02-16 20:24Allen4349
more than one year
I've been using Warren Bowie & Smith for a few months now and I am thoroughly impressed with their service. The platform is fast, and secure and offers a wide range of trading instruments, making it perfect for both novice and experienced traders. The educational resources they provide have helped me expand my knowledge and improve my trading strategies. The customer support team is also excellent, always available to answer any questions I have and resolve any issues in a timely manner.
2023-02-02 18:55Aziz9957
more than one year
I recently started trading on Warren Bowie & Smith and I am thoroughly impressed with their platform. The user interface is intuitive and easy to navigate, making it simple to find the information I need and execute trades. The available trading instruments are diverse and cover all the major markets, allowing me to trade on a variety of assets. Additionally, their customer support is top-notch, always providing prompt and helpful responses to my questions.
2023-02-02 18:50
marari
more than one year
How can I get my money back, it's a scam. Don't accept investing with this platform, it's insecure. Help
2023-01-28 07:37 74
