Warren Bowie & Smith Review: Are they a Safe Broker?
If you have heard about this broker and want to know if it is a safe broker then keep reading this Warren Bowie & Smith review till the end.
Warren Bowie & Smith is a broker that was launched in 2020 amid the covid-19 pandemic. It was a time when uncertainty loomed over the financial market and many brokers started to dodge their clients. Trading had become the only option for people that they could do during the lockdown but people felt a serious deficiency in reliable and secure brokerage platforms. Warren Bowie & Smith came in front at that time and fulfilled the gap. Thanks to its security features and PROfit trading platform, more than 10k people have already registered with this platform. Let’s critically evaluate its features to find out is it worth our trust.
Warren Bowie & Smith: Is it A Legit Broker?
Before we analyze its security measures, it is pertinent to figure out if it is legitimate or not. The legitimacy of trading platforms depends on the fact that it is regulated by some trusted authority or not. Warren Bowie & Smith is based in Mauritius and registered with the Financial Services Commission (FSC), which is responsible for regulating all financial institutions and exchanges. Warren Bowie & Smith also complies with Cyprus laws as its offices are also located in Cyprus. It means it is a legitimate broker, and there is no chance of a scam. But it is still possible that some external attack may exploit its clients. For this, we need to check if it has taken any measures to secure its platform or not.
Warren Bowie & Smith: Is it Secure?
Warren Bowie & Smith has multiple security layers to protect its customers from any possible information breach or monetary loss. These layers include KYC (Know Your Customer), AML (Anti Money Laundering), Firewall, Cryptography, and Segregated accounts.
KYC is a policy many firms and financial institutions adopt to make sure that they have all the relevant information about their clients. Warren Bowie & Smith has also implemented this policy strictly as it confirms the identity of applicants who apply for registration.
AML is a policy that was implemented after 9/11 strictly. Warren Bowie & Smith has also made it self-compulsory so that the platform cannot be used to fund any terror activity or money laundering activities.
A firewall is a security measure used to stop those people who try to barge into the platform forcefully, hackers. Warren Bowie & Smith has a dedicated team of software engineers who monitor the platform 24/7. They have created strong firewalls which leave no chance for breaking in.
Cryptography (encryption) is a technique used by software developers to convert data into a binary form so that no one could understand it. This is an additional security measure taken by Warren Bowie & Smith. This step was taken by assuming that if the security is compromised ever, the personal information of its clients remains safe.
Segregated Accounts are the accounts that are used to keep the money of clients only. Warren Bowie & Smith never mixes the company’s funds with clients’ money.
Warren Bowie & Smith: Customer Support Services
A trader, who has invested millions, cannot feel secure if his broker is not providing quality customer support services. Warren Bowie & Smith has made sure that its clients never feel unsafe on this platform hence it has created a support section where dozens of employees work diligently to assist the clients. The team comprises of expert traders and software developers who guide in detail and give precise answers to the questions asked by the clients.
In order to contact the customer support providers, clients can use multiple methods that are given below
- Live chat
- Contact us form
- Phone numbers
- Email address
- Whatsapp number
Additional options to stay updated:
- By visiting the offices (Cyprus & Mauritius)
- By Following the FB page
- By subscribing YouTube channel
Warren Bowie & Smith: Deposits & Withdrawals
Methods:
Deposit and withdrawal methods are also very important from clients’ point of view because if the broker offers unreliable methods, clients’ money can be lost. Warren Bowie & Smith is offering multiple deposit and withdrawal methods so that traders can use the method which they feel more secure.
Warren Bowie & Smith, for the convenience of its users, accepts payments through wire transfers, credit card transfers, and online app transfers. The purpose behind offering both the conventional and modern modes of payments is to accommodate the maximum number of traders. The same methods can be used to withdraw money from the Warren Bowie & Smith account as well. For reference, see the following image.
Fees:
Warren Bowie & Smith charges a zero percent fee on deposits and withdrawals. Whether you use any of the above-given transaction methods, you will not have to pay a single extra penny.
Warren Bowie & Smith: Platforms
Warren Bowie & Smith uses customized trading platforms to serve its clients. The web platform of this broker is designed with such precision and expertise that it provides a better trading experience than MetaTrader 4 and 5 platforms. It has named its platform ‘PROfit’ and it has become a trademark of the broker.
PROfit is enriched in helping tools such as analysis, research, and notifications tools. These tools help the traders to invest in those assets which are safe for them according to the present market condition.
Mobile Platform:
Mobile platforms have become a necessity in the last few years in almost every field of life and trading is no exception. Traders like those brokers who provide a responsive mobile trading app in addition to the desktop platform. Warren Bowie & Smith has taken this point into consideration.
This is the logo of the Warren Bowie & Smith PROfit mobile trading app which is easily available on the Play Store. It has been designed by Tiebreak Holdings Ltd and guarantees smooth performance. It enables traders to monitor the market situation closely.
What Can You Trade on the PROfit Platform?
Warren Bowie & Smith is a versatile trading platform with no boundaries or restrictions on its clients. It allows its users to trade any trading instrument they want. Its list of assets is pretty stretched and contains more than 600 trading assets under the following trading instruments.
● Stocks
Buy Preference and Equity shares of all the renowned companies such as Amazon, Tesla, Google, and Apple.
● Commodities
Invest in energy, heavy metals, livestock, and agricultural commodities with the help of Warren Bowie & Smith.
● Forex
Foreign exchange is always a favorite option of traders and Warren Bowie & Smith offers futures trading as well.
● Cryptocurrencies
The Crypto market is the most rapidly emerging market and with the help of Warren Bowie & Smith, you can invest in many crypto coins, ICOs, stablecoins, and tokens.
● Indices
When it comes to indices, Warren Bowie & Smith offers all the popular indices such as S&P, Dow Jones, Nasdaq, Russel 3000, and Footsie.
● ETFs
Exchange-Traded Funds are also made available for every client of the platform.
● CFDs
Contracts for deposits are also offered in cryptocurrency trading.
Top 5 Advantages of Using Warren Bowie & Smith
Warren Bowie & Smith provides dozens of advantages, but if I have to shortlist them, I would do it like this.
1. PROfit
The PROfit platform is the main strength of this broker. It is easily understandable and user-friendly, which makes the clients at ease.
2. No Commissions
Warren Bowie & Smith is a completely commission-free broker as it charges no commission at all on any trading instrument.
3. Dedicated Support
The customer support program of Warren Bowie & Smith is robust that gives the ultimate satisfaction to the users.
4. Competitive Spreads
Warren Bowie & Smith offers market competitive spreads which means that the difference between asked price and the bidding price is small.
5. Regulated
It is a regulated platform which means that traders can focus entirely on trading without worrying about the legitimacy of the platform.
Conclusion
Warren Bowie & Smith is a regulated and trusted broker that focuses on the satisfaction of clients. The platform is intuitive and has a mobile trading app as well which is an extra advantage. It is completely safe to invest using this platform due to its five-dimensional security features. In addition, the customer support service has connected the broker and traders like a bond. All these features have been designed keeping in view the betterment of clients. These features make it one of the best options for the individual as well as institutional traders. It is recommended to visit the platform, verify all the above-given information, and register yourself with it by filling out a short registration form.