Score

1.49 /10
Danger

NEW KNIGHT GROUP LIMITED

Australia

Scam Brokers

2-5 years

Questionable Regulatory License

Suspicious Operational Region

High Potential Risk

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Comparison

Quantity 6

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index6.83

Risk Management Index0.00

Software Index4.00

License Index0.00

The broker's WikiFX Score has been lowered due to a high volume of unresolved client 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

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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

Pyramid scheme complaint

Expose

Check whenever you want

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This platform is a Ponzi Scheme. Please stay away! 5
Previous Detection : 2026-07-11
  • This broker has been verified as unauthorized. All of its previous licenses have expired, and it has been placed on WikiFX's Scam Brokers list. Please be aware of the high risk.
  • This platform operates a Ponzi scheme, a fraudulent investing scam. It pays earlier investors with funds from more recent investors, creating the illusion of returns. This pyramid scheme is deceptive, harmful, and typically collapses within 3 years as operators abscond with the funds.

WikiFX Verification

Pyramid scheme complaint
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Unable to Withdraw

I discovered a method to overcome

I made a withdrawal request on the 14th of September but it was rejected once, so I reapplied on the 16th although it showed that it was completed, the money did not

2022-11-01 04:08
Unable to Withdraw

Unable to withdraw

The fraud broker NEW KNIGHT GROUP LIMITED trades on the MT5 platform, and uses the foreign exchange to deposit funds. When applying for withdrawal, the only contact method on the Internet is LINE online customer service. Although the so-called official website is registered in Australia, it does not have any Formal enterprise tax number, business address or contact information, the only contact is the email. According to the information query bundled in MT5, it is an online company address from Hong Kong, that is, the APP can be copied at any time in high yield. The so-called "referrals" don't give you time to search for information when they take you, and will downplay the hidden black dealers. Just to tell you that NEW KNIGHT is just a currency exchange company, all funds are controlled in the NEW KNIGHT account, not MT5. When the application amount is large, they are all rejected, and they are told to pay more security deposit before they can unfreeze the funds. It is undoubtedly a bottomless pit and a black account. met a liar. When the relationship between them is sorted out, it is too late. At the same time as the tricks of the liar are constantly updated, either do not do it, it is necessary to spend time to identify it.

2022-08-23 10:39

User Reviews

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User comment

6

Comments

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FX3925864476
more than one year
First Su Ya finds you on WhatsApp, strikes up a conversation due to accidentally sending to the wrong number (stupid assistant). Says nice things to you. Decides you might know a lot about Forex, really smart, can do it with her help. Come use my family's Forex Trading Site: New Knight. I'll help you. Money goes in, but money never comes out. I think it's a training site that inputs real Forex numbers for XAUUSD, and you aren't supposed to notice the extra letter they added.
First Su Ya finds you on WhatsApp, strikes up a conversation due to accidentally sending to the wrong number (stupid assistant). Says nice things to you. Decides you might know a lot about Forex, really smart, can do it with her help. Come use my family's Forex Trading Site: New Knight. I'll help you. Money goes in, but money never comes out. I think it's a training site that inputs real Forex numbers for XAUUSD, and you aren't supposed to notice the extra letter they added.
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2023-04-10 14:57
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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.
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.
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2022-12-05 15:34
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