Warren bowie and Smith

Name

Warren bowie and Smith

Legal name

Securcap Securities (MU) Ltd

Website

https://wbandsmith.com

Company type

Private

Founded year

2021

Operating status

Operating

Headcount range

51–100 employees

Short description

Warren Bowie & Smith is a privately held online CFD trading broker serving retail and experienced traders globally with 200+ instruments across forex, stocks, commodities, indices, ETFs, and cryptocurrencies via its proprietary Xcite platform, licensed in Mauritius and Seychelles.

Ownership category

akta.pro rank

Product category

Online CFD Brokerage

NAICS

Securities and Commodity Contracts Intermediation and Brokerage (5231), Commodity Contracts Intermediation (52316), Commodity Contracts Intermediation (523160)

SIC

Commodity Contracts Brokers & Dealers (6221), Security & Commodity Brokers, Dealers, Exchanges & Services (6200)

akta.pro primary industry

Retail FX/CFD Broker Trading Venues (FSAFADAD)

akta.pro secondary industry

Retail Crypto Brokerages (Simple Buy/Sell) (FSADAAAB)

Keywords

• CFD trading broker
• Online trading platform
• Forex trading services
• Retail trading broker
• Contract for difference

Headquarters

HQ city

Port Louis

HQ country

Mauritius

HQ region

Africa

Offices3 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Technology or R&D, Marketing or Sales, Personnel, Operations, Infrastructure

Revenue model

1. Spreads: The primary revenue source is the spread - the difference between bid and ask prices. Spreads are fixed for forex market conditions. The spread is automatically deducted from equity when opening a position.
2. Rollover/Swap Fees: Fees charged for rolling over positions to the next trading day. Rollover fees are 0.022% for currencies, indices, ETFs, and commodities; 0.055% for stocks; and 0.50% for cryptocurrencies.
3. Account Tier Discounts: Higher-tier accounts receive discounts (10%-65%) on spreads and rollover fees, creating a tiered pricing model that incentivizes larger deposits and trading volume.
4. Trading Bonuses: The company offers deposit bonuses (100% for $200-$499 deposits, 150% for $500+ deposits) to clients, which may contribute to trading activity and volume.
5. Inactive Account Fees: Accounts inactive for 3+ months are charged a $500 quarterly fee. Accounts with less than $500 may be closed after covering administrative expenses.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels6 records

Core offering

Warren Bowie and Smith operates an online CFD (Contract for Difference) trading brokerage through its proprietary Xcite platform, offering retail traders access to over 200 financial instruments across six asset classes: Shares, Forex, Commodities, Indices, ETFs, and Cryptocurrencies. The service is delivered through a web-based platform and native mobile applications for iOS and Android, with tiered account types ranging from a $200 minimum deposit to $500,000+ elite tiers, supplemented by risk-protection features (First Protected Positions, Hedge Newest Position), an Autochartist signals tool, and a Quantum demo trading program.

Product overview

Warren Bowie & Smith operates as a CFD (Contract for Difference) online trading brokerage offering a unified platform ecosystem built around its proprietary Xcite trading platform. The core product portfolio consists of the web-based Xcite Platform and Mobile Xcite App, supplemented by the Quantum Account for risk-free practice trading. The company differentiates through risk protection features including First Protected Positions (loss coverage for new traders) and Hedge Newest Position (automated hedging). The platform supports over 200 financial instruments across six asset classes: Shares, Forex, Commodities, Indices, ETFs, and Cryptocurrencies. Account tiers range from Basic ($200 minimum) to Infinity ($500,000+), with progressive benefits including protected positions and spread discounts up to 65%. The ecosystem also includes integrated research tools (Autochartist Signals, candlestick charts, economic calendar) and educational resources (eBooks, training materials, blog content). The architecture follows a platform-plus-modules model where the Xcite core enables CFD trading while additional tools and account tiers provide differentiated features.

Differentiator

Problem solved

Functional benefit

Brands

• Xcite Platform: Proprietary web-based and mobile trading platform offering CFD trading on shares, forex, commodities, indices, and cryptocurrencies with over 200 financial instruments.
• Quantum

Products and services

• Xcite Trading Platform Proprietary web-based CFD trading platform providing retail traders access to over 200 financial instruments across shares, forex, commodities, indices, ETFs, and cryptocurrencies, with multi-language support, real-time market data, customizable interface, and integrated trading tools.
• Mobile Xcite App Native iOS and Android mobile applications providing the full Xcite trading functionality on-the-go, including instant trade execution, real-time market access, price alerts, market notifications, and single-touch trading capabilities.
• Quantum Account Demo trading account with 14-day trial periods allowing traders to practice with virtual funds and transfer potential profits to their main account. Available in multiple tiers from Quantum Starter ($25,000 exposure at $1,000 cost) through Quantum Conqueror ($450,000 exposure at $15,000 cost) with leverage up to 1:30.
• CFDs on Shares Contracts for Difference on major global company stocks including Amazon, Apple, Tesla, Google, and Facebook, allowing traders to speculate on price movements of company shares without owning the underlying asset.
• CFDs on Forex (Currencies) Currency pair CFDs including major pairs (EUR/USD, GBP/USD, USD/JPY) and exotic pairs, offering 180 currency options with leverage and competitive fixed spreads on the forex market.
• CFDs on Commodities Commodity CFDs including metals (gold, silver, copper), energy (crude oil, natural gas, Brent), and agricultural products (wheat, corn, coffee, soybeans).
• CFDs on Indices Index CFDs including S&P 500, Dow Jones, NASDAQ, FTSE 100, and Russell 3000, allowing traders to gain exposure to entire market sectors through a single instrument.
• CFDs on ETFs Exchange-traded fund CFDs offering diversified exposure to baskets of assets including stocks, bonds, commodities, and currencies through a single instrument.
• CFDs on Cryptocurrencies Cryptocurrency CFDs allowing trading on digital asset price movements including Bitcoin and other major cryptocurrencies with leverage options on the Xcite platform.

Quantifiable outcome

• Up to 15 protected positions for new clients - company covers losses, profits retained by trader
• +3 more outcomes

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration16 records

AI capability6 records

Feature7 records

Partnerships

Three partnerships are on record, tiered core.

• Wanakena LtdcoreOthersEuropean clearing services provider located in Nicosia, Cyprus. Provides clearing and settlement services for trading operations. Registered at 73 Arch. Makarios III Avenue, Office 301, 1070 Nicosia, Cyprus.
• Kalaminion Holdings LimitedcoreOthersCyprus-incorporated entity (registration number 339998) operating the website in conjunction with Securcap Securities (MU) Ltd. Located at Arch. Makariou III, 66, CRONOS COURT, 8th floor, Flat/Office 82, 1070, Nicosia, Cyprus.
• Securcap Securities LimitedcoreOthersInternational entity with operational address in Victoria, Seychelles (Office 4, Suite C2, Orion Mall, Palm Street Avenue, registration 8416393-1), licensed by Seychelles Financial Services Authority under license number SD012.

Scale indicators4 records

Recent moves5 records

Expansion highlights5 records

Broad incumbents

• IG Group: Publicly listed, FCA-regulated incumbent offering CFDs and spread betting across shares, FX, indices, commodities. Provides a tier-1 benchmark for the category WBS competes in, with materially larger scale and stricter regulatory profile.

Direct peers

• RoboForex: Multi-asset retail CFD broker with offshore regulation, tiered account structure, and bonus programs. Directly comparable to WBS in account-tier model, instrument breadth, and bonus-led customer acquisition.
• XM (Trading Point): Global retail CFD broker with multi-asset offering, bonus-driven promotions, and offshore regulatory footprint. Highly comparable to WBS in target customer (retail traders), instrument breadth, and offshore-licensed structure.
• Pepperstone: Retail CFD and FX broker with tier-1 regulation and multi-asset platform offering. Comparable to WBS in product offering and retail focus, with stricter regulatory profile as a reference point.
• eToro: Multi-asset retail broker offering CFDs on shares, forex, commodities, indices, and crypto via a proprietary web/mobile platform. Direct competitor in retail CFD with social-trading features and tiered account structure mirroring WBS's positioning.
• Plus500: Publicly listed retail CFD broker offering multi-asset CFDs through a proprietary platform with tiered professional accounts. Closely comparable to WBS in product mix (shares, FX, commodities, indices, crypto CFDs) and self-directed retail positioning.
• Exness: Offshore-licensed retail CFD and FX broker with multi-asset offering, low minimum deposits, and bonus-driven acquisition. Closely comparable to WBS in operating model, regulatory perimeter, and retail-bonus approach.
• AvaTrade: Multi-asset retail CFD broker regulated across multiple jurisdictions with proprietary web and mobile platforms. Comparable to WBS in regulatory multi-jurisdiction structure and CFD-first product portfolio.
• OctaFX: Global retail CFD broker with offshore regulation, copy-trading features, and emerging-market focus. Comparable to WBS in retail GTM, bonus-driven acquisition, and Trader's Trends-style social features.
• IC Markets: Retail-focused CFD and FX broker offering multi-asset trading via MetaTrader and cTrader. Directly comparable to WBS in product surface, retail GTM, and CFD-centric revenue model.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xtwitter.com/wbs_gcc
• YouTubeyoutube.com/channel/UCFlanClL9vJZ3JKUdVP8Nig
• Facebookfacebook.com/WarrenBowieandSmithGCC
• LinkedInlinkedin.com/company/warren-bowie-smith-global

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Warren bowie and Smith