Warren Bowie & Smith Review – Is the broker a scam or legit?

Are you planning to trade with Warren Bowie & Smith broker? Or you have already invested money and want to know that Warren Bowie & Smith is legit or scam? Read this Warren Bowie & Smith Review written by Scam Helpers’ experts.

Despite their assurances to the contrary – that they are properly licensed and authorized – Warren Bowie & Smith is not a broker you can trust. They do not have a legitimate forex license, which immediately reduces their credibility. So, if you are still thinking about trading forex pairs, stocks, indices, precious metals, oil, and cryptocurrencies with ultra-low spreads and high leverage, as advertised in the presentation, you should reconsider and read the following lines.

Warren Bowie and Smith, as well as their company Securcap Securities (MU) Ltd, claim to be fully licenced and authorised, citing an offshore licence issued by the Financial Services Commission (FSA) of Mauritius.

Even if the licence is real, it is worth little more than the paper it was printed on, because offshore regulators like the FSA in Mauritius lack the competence to supervise internationally operating brokers like Warren Bowie & Smith.

Website: https://www.wbandsmith.com/

Address:  Suite 602, 6th Floor, Hennessy Tower, Pope Hennessy Street, Port Louis, Mauritius

Warning: Not recommended by review website like Scam Helpers

Regulated? Unregulated

Domain Age Information of Warren Bowie & Smith

Domain Name wbandsmith.com
Date Registered July 21, 2020
Domain Age 2 years, 9 months, 10 days, 16 minutes, 52 seconds

Warren Bowie & Smith Review – How safe is to invest here?

Scam Helpers Team which has done a lot of work in researching for Warren Bowie & Smith Review, advises investors not to invest in Warren Bowie & Smith, as it is suspected to be a potential scam broker. It is advised to first look at what other people are saying about the company you wish to invest in to prevent being conned by an investment scam plan.

After conducting some research on investing forums and social media platforms, we learned that many people had negative experiences with Warren Bowie & Smith and left conflicting opinions about it. You should examine it before making an investment because it appears that Warren Bowie & Smith is an unreliable investment company. Read a complete Warren Bowie & Smith review, and you’ll see that not all things are as good as they appear. 

Risk is an integral part of every type of trading. A genuine investment provides the broker with an excellent opportunity to earn a profit if they make the right decisions. We have done profound exploration, looked at various brokers and trading conditions, and prepared a comprehensive list of scam brokers 2023 to aid your decision-making.

We include the name of Warren Bowie & Smith here because it is not a legit broker. For fledgling brokers or clueless clients, Warren Bowie & Smith will appear as a genuine investment opportunity for unsuspecting users and novice traders. 

We are here to expose this broker by providing this Warren Bowie & Smith review and share with you the reason for presenting this Warren Bowie & Smith review.

Proofs that Warren Bowie & Smith is a scam

Investment scams such as Forex trading scams, Binary scams, Crypto scams and others are hard to spot. But still there are many signs why Warren Bowie & Smith is suspected as a scam broker. Let us read them, After taking a look at their website, we found numerous warnings that should be enough for you not to invest in them. Some of the reasons why we include Warren Bowie & Smith as an unsafe broker.

Regulation And Safety Of Funds

Being an unregulated firm is the worst thing, and it makes you an exploitative cheat. Warren Bowie & Smith is a scam, and your money is at risk.

By investing your money in an unregulated and unlicensed broker, you are indirectly putting your funds in danger. For that reason, we ask our readers to invest with brokers who have licenses from authorities like FCA, ASIC, FMA, etc. Authorized brokers are covered by many prerequisites, and a large number of them apply anti-fraud practices. As such, they are the specific inverse of what these brokers and others like them represent.

Deposit And Withdrawal Methods And Fees

There is a reason why these fraudsters, as well as many other scammers, would frequently advise you to deposit in cryptocurrency. You cannot get a chargeback on such transactions because they are entirely irreversible and all of them are recorded in a ledger that cannot be modified later. Depositing money with scam brokers is therefore, rarely a good idea. If you have already invested your money with Warren Bowie & Smith, you should immediately ask for a withdrawal as your money is not safe with an unregulated broker.

With Warren Bowie & Smith, if you ask for a withdrawal, they will postpone the process by giving some reasons for a long time so you can find no alternative to file a complaint. 

Customer Warren Bowie & Smith Reviews

Scam Helpers found that Warren Bowie & Smith got negative customer reviews and ratings on all other sites, and also got low trust scores among users. With this review and after reading all the negative and positive Warren Bowie & Smith reviews, we found that this broker is not regulated and might be a potential scam broker. To avoid these scams, we provide a list of scam brokers 2023 on our website.  

Commitments of Ensured Benefits

Any moneymaking promises in the financial market come with a risk. Some brokers will attempt to let you know that their financier can assist you with turning ensured benefits when you utilize their platform.

If you get attracted by such brokers, there’s a chance of getting scammed by them.

How does Warren Bowie & Smith Scam Work?

Scammers use many tricks in order to give you the idea that you are earning money easily and rapidly, fraudsters frequently send you some returns first. They can acquire your trust in this way. To extract as much money as they can from you, they frequently ask you to make more investments or to recruit family members and friends to do the same.

They will suspend or close your account when they believe you are unable to invest any more money in the fraud, and you won’t likely hear from them again. In order to appear trustworthy in the eyes of potential customers, many scam companies falsely state that they are headquartered in a regulated jurisdiction by using fictitious locations and regulation licenses.

How to keep yourself safe from scam brokers?

  • Do good research about the broker. Go through reviews and pick a broker with positive reviews. A conventional web search can give experiences into whether negative remarks could simply be a disappointed broker or something more serious.
  • Ensure the reviews do not contain anything negative about the broker’s withdrawal process.
  • If you are happy with your examination on a specific broker, then trade for a while first, and afterward attempt to make a withdrawal.
  • If you face some issues, discuss them with your broker. If it doesn’t go well, file a complaint and share your experience online with everyone.

Is Warren Bowie & Smith broker Legit or a scam: Conclusion

It is clear from Warren Bowie & Smith review that this broker is not right for trading. We unequivocally encourage all traders and investors to keep away from Warren Bowie & Smith and similar brokers. If you really want to trade online, find a broker who is regulated and has trusted and positive reviews.

Scammed by Warren Bowie & Smith? Scam Helpers can help

If you are a victim of Warren Bowie & Smith scam, or other scams like forex scam, cryptocurrency scam, binary scam, etc., file a complaint here to get your funds back. Scam Helpers can process your complaint and help you in fund recovery. We should begin and determine the matter before the harm is considerably greater. Your one step can save you and other people from being cheated by such brokers.

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The information on this website is for general purposes only and not a professional advice. We do our best to ensure accuracy but cannot guarantee it. Website visiors should seek professional advice before making any decision. We are not liable for errors or actions taken based on the information we have provided. Referrals to third parties may result in compensation as an affiliate.