Score

1.23 /10
Danger

Warren Bowie & Smith

Mauritius

2-5 years

Questionable Regulatory License

High Potential Risk

B

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Comparison

Quantity 144

Exposure

Open Account
Website

Score

Regulatory Index3.14

Business Index6.75

Risk Management Index0.00

Software Index4.31

License Index2.69

The broker's WikiFX Score has been lowered due to a high volume of unresolved client 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! 4
Previous Detection : 2026-08-18
  • The WikiFX cloud system has detected an excessive number of complaints against this broker, leading to its placement on the WikiFX Complaint Blacklist. Please be aware of the high risk.
  • This broker lacks valid forex regulation. Please be aware of the risk!

WikiFX Verification

Pyramid scheme complaint
Expose
Unable to Withdraw

I only invested 100 dollars, but I cannot withdraw them

These criminals, a woman named Regina, with a Mexican accent, pretending to be Mexican, gave me investment advice and there were always positions marked by her for buying or selling. Now, when she couldn't get money out of me because I don't have any, she disappeared. She told me to withdraw my investment before losing it, saying that money isn't for everyone, especially if I wasn't willing to invest more money. When I tried to do it, I couldn't withdraw anything; what's more, I have a supposed profit, all lies, thieves, scammers, bastards.-

2026-01-22 12:03
Scam

SCAM

As an investor, I was approached by advisors on a website explaining the activities of your company WARREN BOWIE&SMITH. As a commercial advisor, Alejandro Villanueva encouraged me to disburse funds via credit card payments from Banco de Bogotá, starting with $100, which would triple within a week. This continued for 16 days, resulting in a total investment as of September 16 of 2.800-dos (one thousand eight hundred dollars), almost as if it were mandatory, promising higher returns on investments accompanied by you of 10.356 (ten thousand three hundred fifty-six dollars). I emphasize this capital and profit from August 28 to September 16, 2025. Then, on September 17, to my great surprise upon opening my account, it was found... closed, and with the loss of everything, including my deposit - BIG SCAM - REPORT - THIEVING CROOKS

2025-10-15 21:36
Scam

I submitted a withdrawal request

I submitted a withdrawal request because I had grown suspicious of the broker. They kept calling me constantly, pressuring me to deposit between $1,000 and $3,000 for supposedly "safe" investments. On the very day my withdrawal was supposed to be processed, they disabled my account. They then told me I had to deposit more money to have it reactivated. All the representatives had Mexican accents. Please, do not get involved with them—they are scammers. Their charts are manipulated to make you lose money. They lure people in through advertisements on

2026-03-03 10:12
Scam

My father lost ALL his savings.

My father (aged 74) signed a contract in English with the company that owns the financial broker Warren Bowie and Smith. With the idea of multiplying his savings to leave a larger inheritance to his children, he deposited more and more money and in three months lost absolutely all his savings. He does not understand in the slightest how a broker works or the financial instruments he was buying and selling, always on the advice of a broker's representative, who dishonestly told him what to do and made him trade with enormous leverage. My intention is for him to immediately disassociate himself from that site and from any legal ties that could compromise him in the future. If anyone knows of legal advice that can help me interpret the signed contract and find the safest way to end this mess, I would greatly appreciate it. I remain at your disposal and look forward to hearing from you.

2025-12-26 08:56
Unable to Withdraw

Warren Bowie & Smith is a fraud.

They took what little I had, and now I'm in debt and I don't know how to pay it back. I can't believe I believed them. I feel terrible because they told me that with just $100 I would double my money, and in the end they took everything without me even realizing it. Then they kept calling me to keep investing, but I had nothing. They told me I had to keep trading and that they were going to teach me and all that, but they kept saying I had to invest more. Then my brother put in $120 because they told me that if I invested in Nvidia I would make a lot of money, but they took my money again. Now I find out it's all a scam. I just want my money and my brother's back because we're not rich. We work hard and try to get ahead however we can. Thanks.

2026-05-20 05:12
Scam

Complaint against Warren & Bowie

This so-called broker operates maliciously, with its arguments and the way it operates it commits scams, invites you to make deposits to trade and that after a certain profit you can make the withdrawal, but when the time comes to make the withdrawal they argue about impediments, such as that the level is not reached, that the documentation is incomplete, that too much time has passed since the deposits, or that the account has been worn out and to be able to reach the level you must make another deposit, to achieve the hook they promote the idea that you can make the withdrawal at any time, but this does not happen, at this moment I have met all the requirements and yet they ask me to make another deposit for a larger amount (Us 490), I had to complete more than 1,000 dollars but now to be able to withdraw I have to complete 10,000, I have been with them for several years and the only thing they returned to me at some point was 20 dollars. They also gave me bonuses to continue trading.

2026-08-18 10:56
Unable to Withdraw

First, they make you deposit $100

First, they make you deposit $100, which they double, and they tell you that you have five protected trades and pressure you to deposit more funds with the promise that they will double it again. They send you a contract that you are forced to sign in English. You start trading with the help of an advisor who always pressures you to double your investment, and as soon as you want to make a withdrawal, they start saying that the system takes five business days to link your account and make the deposit. Even when you win and your funds exceed three times the amount to be withdrawn, out of nowhere, you find yourself with no balance and not a dollar in your account. It's a SCAM, the worst trading platform that exists. Everyone should be warned to stay away from this so-called broker. They are rats.

2026-01-30 10:54
Scam

Warren Bowie & smith is a complete scam

They first show you that they are truly certified by the country's financial entities, then they ask for an initial $100 and start trading, showing that there are no immediate profits. With that, they ask you to deposit at least $3,000 to achieve $9,000 in a month. They insist two or three times a day until you give in. In the first sessions with the advisor, it seemed they were teaching how to trade on the stock exchange; I trusted them, and in two days I lost all my money. When I demanded explanations, I received yelling, and finally they say that's just how the market is, that no good decisions were made. I kept trading, and they had me lower profitable trades. Then I demanded they change my advisor because every time he came in, he made me lose money. They started asking me for more money to supposedly be able to withdraw. I told them no, and they began treating me terribly; support doesn't answer, and I receive messages saying I can't take out the little money I have in the account. Now I have no way to recover my $$.

2026-08-18 09:12
    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

    ExposureWarren Bowie & Smith Broker Review: A High-Risk Trap for Forex Traders

    Our investigation reveals that Warren Bowie & Smith is an unauthorized, unregulated entity actively trapping trader deposits and liquidating accounts when withdrawals are requested. Traders face severe risks of financial loss, relentless high-pressure deposit tactics, and sudden platform lockouts.

    WikiFX
    2026-05-11 13:10
    Warren Bowie & Smith Broker Review: A High-Risk Trap for Forex Traders

    ExposureWarren Bowie & Smith Regulation: Is It Safe or Risky?

    Check Warren Bowie & Smith's regulation, withdrawal complaints, fees, and trading terms before you deposit. Read the facts now.

    WikiFX
    2026-04-20 16:56
    Warren Bowie & Smith Regulation: Is It Safe or Risky?

    ExposureWarren Bowie & Smith Review: A Digital Slaughterhouse for Your Savings

    Warren Bowie & Smith is a regulatory ghost ship with a pathetic 1.45 WikiFX score, weaponizing high-pressure sales tactics to trap retail traders in a cycle of endless deposits and zero withdrawals. With over 126 complaints in three months, this Mauritius-based operation exists solely to liquidate victim accounts under the guise of 'expert' mentorship.

    WikiFX
    2026-03-19 15:00
    Warren Bowie & Smith Review: A Digital Slaughterhouse for Your Savings

    ExposureWarren Bowie & Smith Review: No Regulation, Risk Alert

    Warren Bowie & Smith lacks valid regulatory oversight, raising serious risk concerns. Read this broker review and check warning signs now with the WikiFX App.

    WikiFX
    2026-03-09 15:17
    Warren Bowie & Smith Review: No Regulation, Risk Alert

    User Reviews

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    User comment

    113

    Comments

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    FX2885391437
    0-3months
    Este llamado bróker opera con malicia, con sus argumentos y la forma de operar realiza estafas, invita a realizar depósitos para operar y que luego de determinada ganancia se puede realizar el retiro, pero llegado el momento de realizar el retiro argumentan impedimentos, como que no se alcanza el nivel, que la documentación está incompleta, que ha trascurrido mucho tiempo en los depósitos, o que la cuenta se ha desgastado y para poder llegar al nivel se debe de realizar otro deposito, para lograr el enganche promocionan la idea de que se puede realizar el retiro en cualquier momento, pero esto no se da, en este momento cumplí con todos los requisitos y aun así me piden que realice otro deposito por un mayor monto (Us 490), tenía que completar más de 1.000 dólares pero que ahora para poder retirar tengo que completar 10.000, llevo varios años con ellos y lo único que me devolvieron en algún momento fue 20 dólares. También me pusieron bonos para continuar operando.
    Este llamado bróker opera con malicia, con sus argumentos y la forma de operar realiza estafas, invita a realizar depósitos para operar y que luego de determinada ganancia se puede realizar el retiro, pero llegado el momento de realizar el retiro argumentan impedimentos, como que no se alcanza el nivel, que la documentación está incompleta, que ha trascurrido mucho tiempo en los depósitos, o que la cuenta se ha desgastado y para poder llegar al nivel se debe de realizar otro deposito, para lograr el enganche promocionan la idea de que se puede realizar el retiro en cualquier momento, pero esto no se da, en este momento cumplí con todos los requisitos y aun así me piden que realice otro deposito por un mayor monto (Us 490), tenía que completar más de 1.000 dólares pero que ahora para poder retirar tengo que completar 10.000, llevo varios años con ellos y lo único que me devolvieron en algún momento fue 20 dólares. También me pusieron bonos para continuar operando.
    Translate to English
    +1
    2026-08-18 10:56
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    FX2086234982
    0-3months
    Ellos primero te muestran que realmente están certificados por entidades financieras del pais, después piden de entrada 100 dólares y comienzan a operar muestran que no tiene ganancias deinmediato , con eso piden que uno depocite al menos 3000 dolares para lograr en un mes 9000, insisten dos a tres veces por dia hasta que uno cae , las primeras sesiones con el asesor se veia que enseñaban el manejo en la bolsa, confie, y en dos dias perdi todo mi dinero, cuando les exigi explicaciones recibi gritos y finalmente hablan de que el mercado es asi , que no se tomaron buenas decisiones, me quede operando y me hacian bajar operaciones de ganancia, despues exigi me cambiaran el asesor por que cada vez que entraba el me hacia perder dinero, comenzaron a pedirme mas dinero para supuestamente poder retirar, les dije que no y empezaron a atender super mal de soporte no contestan y me llegan mensajes de que no puedo sacar el poco dinero que tengo en la cuenta. Ahora no tengo como recuperar mi $$.
    Ellos primero te muestran que realmente están certificados por entidades financieras del pais, después piden de entrada 100 dólares y comienzan a operar muestran que no tiene ganancias deinmediato , con eso piden que uno depocite al menos 3000 dolares para lograr en un mes 9000, insisten dos a tres veces por dia hasta que uno cae , las primeras sesiones con el asesor se veia que enseñaban el manejo en la bolsa, confie, y en dos dias perdi todo mi dinero, cuando les exigi explicaciones recibi gritos y finalmente hablan de que el mercado es asi , que no se tomaron buenas decisiones, me quede operando y me hacian bajar operaciones de ganancia, despues exigi me cambiaran el asesor por que cada vez que entraba el me hacia perder dinero, comenzaron a pedirme mas dinero para supuestamente poder retirar, les dije que no y empezaron a atender super mal de soporte no contestan y me llegan mensajes de que no puedo sacar el poco dinero que tengo en la cuenta. Ahora no tengo como recuperar mi $$.
    Translate to English
    2026-08-18 09:12
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