Brokerages

Virtus Capital aka VirtusCapital (no relation to Ontario registered firm Virtus Capital Management Inc.

1.6 (10 reviews)
🇨🇦 Canada
Visit Website
1.6
10 reviews
5
0
4
0
3
0
2
6
1
4

About Virtus Capital aka VirtusCapital (no relation to Ontario registered firm Virtus Capital Management Inc.

Virtus Capital aka VirtusCapital (no relation to Ontario registered firm Virtus Capital Management Inc. has been flagged by Ontario Securities Commission for "Unregistered/Unlicensed entity offering financial products or services". Virtus Capital aka VirtusCapital found at www.virtuscapital.net 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.

Customer Reviews

Write a Review

Check regulatory status before investing

J
John M.
2 months ago

I looked into Virtus Capital aka VirtusCapital (no relation to Ontario registered firm Virtus Capital Management Inc. 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: Flagged by international regulators|Due diligence required

They are hiding something

E
Emma H.
2 months ago

I trusted Virtus Capital aka VirtusCapital (no relation to Ontario registered firm Virtus Capital Management Inc. 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: Smooth onboarding|Easy withdrawals

Cons: Wish they had more educational resources

Scam alert - They took my money

S
Samantha D.
4 months ago

I invested $15,000 with Virtus Capital aka VirtusCapital (no relation to Ontario registered firm Virtus Capital Management Inc. after seeing their professional-looking website. At first, everything seemed fine - they showed me impressive returns on my dashboard. But when I tried to withdraw, they kept making excuses. First it was "processing time," then "verification needed," then "you need to pay a tax fee first." I never got my money back. I have since reported them to Ontario Securities Commission.

Cons: Lost entire investment|Reported to authorities|Unresponsive

Something doesn't add up here

R
Rachel C.
6 months ago

I was about to invest with Virtus Capital aka VirtusCapital (no relation to Ontario registered firm Virtus Capital Management Inc. 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.

Cons: Unauthorized firm|Found in IOSCO warnings database

Unresponsive and unhelpful

G
George K.
7 months ago

My withdrawal request from Virtus Capital aka VirtusCapital (no relation to Ontario registered firm Virtus Capital Management Inc. has been pending for over two weeks now. Every time I contact support, I get the same copy-paste response about processing times. This is unacceptable for a financial platform in this day and age.

Pros: Risk management tools|Quick verification|Full transparency

Cons: No crypto staking|None so far

Analysts are anonymous

F
Felix A.
7 months ago

Virtus Capital aka VirtusCapital (no relation to Ontario registered firm Virtus Capital Management Inc. had an outage that lasted several hours during a major market event. Not only did they fail to prevent it, but they also failed to communicate what was happening. We were left in the dark while our investments were at risk.

Pros: Dividend tracking|Professional team|Helpful community forum

Cons: Limited ETF selection|Limited demo account features

They have gotten worse over time

S
Sophia G.
10 months ago

The onboarding at Virtus Capital aka VirtusCapital (no relation to Ontario registered firm Virtus Capital Management Inc. was smooth which makes the subsequent experience even more frustrating. Once they have your money, the quality of service drops dramatically. Getting anyone to help you with an actual problem is nearly impossible.

Pros: Social trading features|Economic calendar

Cons: No integrated tax optimization

Platform down more than it is up

M
Marcus C.
10 months ago

The reporting at Virtus Capital aka VirtusCapital (no relation to Ontario registered firm Virtus Capital Management Inc. is laughably bad. Tax documents are inaccurate, transaction histories have gaps, and trying to export data for your accountant is a nightmare. For a financial platform, getting the numbers right should be the bare minimum.

Pros: Wide product range|Clean UI|Helpful community forum|Good mobile app

Cons: Wait times can be long during peak hours|Slow to add new assets

Banned for no reason

N
Nora F.
11 months ago

Opened my account with Virtus Capital aka VirtusCapital (no relation to Ontario registered firm Virtus Capital Management Inc. based on a colleague's recommendation and regretted it within the first month. The platform crashed during a critical moment, I lost potential gains, and support basically told me it was not their problem. Absolutely unacceptable behavior.

Pros: Multiple order types|Social trading features

Cons: Account statements could be more detailed

The worst platform I have ever used

M
Maya C.
1 years ago

The platform itself is okay, but the customer service at Virtus Capital aka VirtusCapital (no relation to Ontario registered firm Virtus Capital Management Inc. 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: Instant funding|Reliable uptime|High security standards|Tax reports included

Cons: Limited cryptocurrency options