Is Warren Bowie and Smith a scam or legit broker? Read Warren Bowie and Smith Review
About Warren Bowie and Smith
Website – https://www.wbandsmith.com/
Address – Suite 602, 6th Floor, Hennessy Tower, Pope Hennessy Street, Port Louis, Mauritius
Warned By – Not Recommended By Review Website Like Report Scam
Domain Age Information of Warren Bowie and Smith
Domain Name | wbandsmith.com |
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Date Registered | July 21, 2020 |
Domain Age | 2 years, 9 months, 10 days, 47 minutes, 42 seconds |
The main reason why Warren Bowie and Smith is a possible scam broker is that the broker has got many Complaints and negative Warren Bowie and Smith reviews and other possible scam features can also be the reason. Your funds may not be safe if you are trading with this broker.
Despite Warren Bowie and Smith attempts to look legit and trustworthy, we can’t disregard the alerts that Warren Bowie and Smith giving us. There are many brokers like it, and we can quickly recognize the kind of specialist we were dealing with by stepping into the site. We also reviewed comparative-looking broker sites in our scam brokers 2024 list, the vast majority of them are unlicensed and obscure. Find more about the scam broker in our review list.
Warren Bowie & Smith, a brokerage firm situated in Mauritius, raises significant concerns for potential investors due to its unregulated status. The absence of regulatory oversight poses inherent risks, as the company operates without the accountability and transparency crucial for maintaining fair financial practices. Furthermore, the lack of specific information about account details raises suspicion regarding the firm’s credibility. Investors should be wary of the high inactivity fee, set at $500 per quarter, which may deter profitability.
Additionally, the limited trading options for certain international markets limit the potential for diverse investment strategies. Negative reviews on reputable platforms like Forex Peace Army further underscore apprehensions about Warren Bowie & Smith, emphasizing the importance of thorough research and caution when considering engagement with this unregulated brokerage.
Possible scam activities of Warren Bowie and Smith
Forex trading scams, Binary OPtions trading scams, Cryptocurrency trading scams and other investment trading scams are harder to spot. But there are some signs.
Unfortunately, we were unable to access the professional web-based platform that Warren Bowie & Smith claims to be providing. In any event, keep in mind that reputable brokers offer professional and tried-and-true trading software, such as the market-leading MetaTrader4 and MetaTrader5, and the lack of any such trustworthy and tried-and-true trading platforms is yet another red flag that you are about to be taken advantage of.
With over 10 million downloads on Google Play and a 4 to 5-star rating based on 403,000 reviews, MetaTrader5 is without a doubt the most well-known trading platform in the history of the FX market.
Here are some of the very possible reasons why we have flagged this broker as a scam broker in this Warren Bowie and Smith review.
- The rules and regulations, Bonus and Withdrawal policies are not legitimate and they are made for defrauding traders.
- The broker makes continuous calls to the traders and urges them to invest higher and higher amounts.
- The broker may have made a number of false claims through its website.
- The broker promises returns that are too good to be true.
- The risk warnings may not be disclosed on their webpage or would be hidden.
- The broker remains operational for some time and suddenly you are not able to contact the broker or the website seems down. The broker also changes the name and website URL without any notice to existing traders.
- The broker may be located in the countries or small islands where there is no proper regulation and registering a company is very easy. Usually, these countries are havens for scam brokers.
- This broker provides you good chances of making profits and when you decide to withdraw your money, they will state their illegitimate rules of withdrawals, and ultimately you are not able to make a withdrawal.
Negative Warren Bowie and Smith Reviews and Complaints
Warren Bowie and Smith have got many negative reviews and traders who traded with this broker have raised many complaints against it. ReportScam has investigated a lot about this broker and based on the negative reviews, complaints and other scam features, we have listed this broker in the list of scam brokers 2024.
Example of Negative Warren Bowie and Smith Review
After Searching the internet, you will find many negative Warren Bowie and Smith Reviews. Users have frustrations and feel cheated after trading with this broker. ReportScam does not recommend traders to trade with this broker and your funds may not be safe with this broker and Warren Bowie and Smith reviews are negative. Instead, we recommend looking for regulated and reputed brokers who can really help in growing your investments.
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Warren Bowie and Smith Review: Conclusion
To begin with, Warren Bowie and Smith is a mysterious site that needs validity. It isn’t authorized to offer trading services as it does not hold all valid licenses and is targeting clients of different nations. So, we advise you to stay away from a such brokers as your money may be at high risk with them.
Also, to prevent yourself from scams like – Forex scams, Binary scams, Romance/Dating scams, Cryptocurrency scams, or any other scams, you should pick a broker or company regulated by some major regulators like FCA, FINMA, SEC, FMA, ASIC, etc. Check the reviews of brokers and also read the policies and terms and conditions. These small details will prevent you to become a victim of broker scams.
Get more Information about Scam Brokers VisitScam Brokers 2024 Page to avoid Cryptocurrency trading scams, Forex trading scams, or other online scams.
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Note: Report Scam Community has conducted many researches before flagging Warren Bowie and Smith as a possible scam in this Warren Bowie and Smith Review.Are you planning to trade with Warren Bowie and Smith and invest your money? Report Scam suggests you to read this Warren Bowie and Smith Review first.
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