Score

1.24 /10
Danger

NEW KNIGHT GROUP LIMITED

Australia

Scam Brokers

1-2 years

Suspicious Regulatory License

MT4/5 White Label

Chinese market only

High potential risk

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Comparison

Quantity 6

Exposure

Open Account
Website

Score

License Index 0.00
Business Index 4.90
Risk Management Index 0.00
Software Index 4.00
Regulatory Index 0.00
The WikiFX Score of this broker is reduced because of too many complaints!
Open Account
Website

Licenses

No valid regulatory information, please be aware of the risk!

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Broker Information

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Company Name

NEW KNIGHT GROUP LIMITED

Company Abbreviation

NEW KNIGHT GROUP LIMITED

Platform registered country and region

Australia

Company website

Company summary

Pyramid scheme complaint

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This platform is a Ponzi Scheme. Please stay away! 4
Previous Detection : 2023-03-23
  • This broker has been verified to be illegal and all of its licences have expired, and it has been listed in WikiFX's Scam Brokers list. Please be aware of the risk!
  • The platform is a Ponzi Scheme, which refers to the use of "principle of value multiplication". In the form of rolling or static fund circulation, it uses the money of next member to pay to the present one, which is essentially a pyramid scheme with the distinction of hidden, deceptive and socially harmful. By calling common person's desire for money, fraudsters in the platform begin raising funds underground. Since this kind of platform mostly will abscond after 1 or 2 years, the fund-raising mode just can exist less than 3 years.

WikiFX Verification

Pyramid scheme complaint
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User Reviews

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3

Comments

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FX1082635599
more than one year
It's ridiculous. I wanted to withdraw, but customer service told me that their system was being upgraded and they could not withdraw for the time being, so I was asked to wait patiently. I'm just wondering, why are deposits without any problems? When it comes to withdrawals, there are so many problems that stop me.
2022-12-05 15:34
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0
0
blew888
3-6months
Scammed site. Website went down after a few trades, I tried to do a withdrawal, but they denied every time. I recently found the new website, they started deleting the google searches, so I found the URL, https://user.newkht.info/login, funds still existed that time, but weeks later, funds were depleted by a couple trades all of the sudden by the admins.
2022-10-31 06:12
1
0
0
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