Arctic Summit Capital has been flagged by Ontario Securities Commission for "Unregistered/Unlicensed entity offering financial products or services". Arctic Summit Capital found at http://arcticsummitcapital.com/ is not registered in Ontario to engage in the business of trading in securities. This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
I have been trying to close my account with Arctic Summit Capital for weeks now and they keep giving me the runaround. First it was a form to fill out, then identity verification again, then a mandatory phone call that never gets scheduled. They make leaving impossible.
Pros: Reliable uptime|Multiple order types|Demo account available|Fast support response
Cons: Minimum deposit could be lower
After doing some research AFTER the fact (I know, I should have done this first), I discovered that Arctic Summit Capital is not authorized by any legitimate financial regulator. They are operating illegally. The website looks very professional but it's all a facade. Please check the regulatory warnings database before investing with ANY company.
Cons: Blocked my account|No legitimate license|Fake returns
The platform itself is okay, but the customer service at Arctic Summit Capital is truly awful. I waited weeks for a response to a simple inquiry. When they did respond, it felt like a generic template that did not address my specific issue at all.
Pros: Portfolio tracking tools|Regular platform improvements
Cons: Nothing significant
After doing some research AFTER the fact (I know, I should have done this first), I discovered that Arctic Summit Capital is not authorized by any legitimate financial regulator. They are operating illegally. The website looks very professional but it's all a facade. Please check the regulatory warnings database before investing with ANY company.
Cons: Blocked my account|No legitimate license|Fake returns
I gave Arctic Summit Capital a fair chance. After for close to eighteen months of usage, I can say with confidence that there are far better options available. The interface is clunky, the fees are higher than competitors, and the customer support team seems overwhelmed or understaffed.
Pros: Easy to use platform|Clean UI
Cons: Some tools only available on higher tiers|Limited demo account features
I trusted Arctic Summit Capital with a significant portion of my savings and I deeply regret that decision. Not because of market losses, but because of how poorly the platform performed and how dismissively the support team treated my concerns.
Pros: Good analytical tools|Smooth onboarding
Cons: Limited demo account features
I looked into Arctic Summit Capital and found they appear in the regulatory warnings database. Ontario Securities Commission has issued a notice about this firm. Whether this is a misunderstanding or a serious concern, the fact remains that proper due diligence is essential. Always verify the regulatory status of any company before investing your hard-earned money.
Pros: Information is publicly available for verification
Cons: Appears in regulatory warnings database|Uncertain regulatory status
I was about to invest with Arctic Summit Capital but decided to check their regulatory status first. They claim to be regulated but I could not find them on any official register. Ontario Securities Commission has actually issued a warning about this firm. Thank goodness I checked before sending any money.
Pros: Website looks legitimate on the surface
Cons: Flagged by Ontario Securities Commission|Cannot verify credentials
Do not use Arctic Summit Capital for anything serious. I used them for about five months for small trades and it was okay. When I deposited a larger amount and traded more, my account was flagged, my withdrawals were delayed, and I was asked to explain my trading. They treat active traders like criminals.
Pros: Educational resources|Dividend tracking
Cons: Spreads widen during volatile periods