Business
License
New Knight Group Limited appears to offer only one type of trading account for its clients. The minimum deposit requirement to open an account is set at $1,000, which is significantly higher than the industry average that typically ranges from $100 to $250. The trading conditions include a maximum leverage of 1:500 and spreads starting at 3 pips for the EUR/USD pair. However, it is important to note that the broker does not provide clear information about the different types of accounts or their specific benefits.
To open an account with New Knight Group Limited, clients must follow these steps:
It is crucial to be cautious when dealing with New Knight Group Limited due to its lack of regulation and the high risks associated with trading on its platform.