Beaware
Our research team find this broker as illegal broker with no regulatory authority
Knight Capital
Admin
July 14, 2024
Summary
The Knight Capital Group was an American global financial services firm engaging in market making, electronic execution, and institutional sales and trading. With its high-frequency trading algorithms Knight was the largest trader in U.S. equities, with a market share of 17.3% on NYSE and 16.9% on NASDAQ.Not regulted
Payment Methods Used
credit cards, bank wires and Union PayMeta Trading Softwares Used
Other, MetaTrader 4, MetaTrader 5Overall Rating
3/5Reviews
William Diaz
1/5
I was recently connected to this funding company through direct funding now. Knight Capital approved me for some working capital and sent me the agreement via email to docu sign for my funding terms of approval. I then had to go through a process online for decision logic bank verification. When you go to select the account you wanna connect you can no longer continue from there. I called them and spoke to someone and that person told me that they should be calling me to go over the verification bank process over the phone. No one has called me since and have been still waiting. I think this company is a scam. Be very careful, and I wouldn’t trust some of these reviews cause they could be fake.
Gordon Beckam
1.3/5
This Company is a Scam, reviews on here are fabricated. Company takes you through a verification process, gets all your Banking information and stops you at the end. The rep I dealt with name is Allen Green via phone conversation and text. Waited two days for verification, text Allen to asked what’s going on, to which he says it’s and Underwriting there backed up. Two more days I texted, which he replied oh sorry they turned the Company down. This Company is One guy in a House, getting people Banking Information. Know our Company have to change everything, because these guys have all our Information. I checked BBB and they have Multiple Lawsuits. I didn’t see this when I pulled them up before I went forward with my loan. Allen will lie, before I started the process I asked him is this daily or weekly payback, to which he told us Monthly, it’s daily draw. If he said this in the beginning I wouldn’t have proceeded. You’ve been warned. Five Star reviews again are false! Go to BBB website.
TED. Y
4/5
Tiffany McSarlane gave me great service! I believe you can learn a lot just listening. I find that listening can be a lost art in our business world today. However at Knight they got a person who listens then speaks! SUPER CUSTOMER SERVICE!!!
BRIAN
3.6/5
I have done a couple funding deals with this company , they are straight forward and very easy to work with, difference is GO THROUGH THEM DIRECTLY, do not use a broker, trust me your experience will be 100 X better
Andrew
1.2/5
BE AWARE!!! After applying for funding with this company I was advised that I was approved. Then was asked for additional information concerning my bank account despite already providing the information that they requested. Then I knew something was suspicious when they asked me for my bank account username and password. What legitimate company would ask for this information?
Dough C
1.5/5
Knight capital engages in the illegal practice of spoofing;Spoofing is a disruptive algorithmic trading activity employed by traders to outpace other market participants and to manipulate markets. Spoofers feign interest in trading futures, stocks and other products in financial markets creating an illusion of the demand and supply of the traded asset.
Mike L
3.5/5
I appreciate Knight helping me out an unexpected cash crunch and at the last minute. Greatly appreciated the help.
MARIA R
1.2/5
Got a letter into mail today with great interest rates offering me a loan unsecured loan for that matter. Wasted my time it’s really a company that just wants to do a debt consolidation for you and charge you for that. It’s false advertisement and waste of time. It should be illegal! If you cannot find loans stop calling and contacting people and wasting their time trying to work with the creditors and ruining my credit in the meanwhile and then charging me for it. Don’t waste your time!
Lisa T
1/5
A total sham of a company! Do not do business with this organization. Their employees lie, do not follow up with official emails, then call and harrass you. THE WORST customer service, ever!
Tim T
2/5
SCAM ! *** AKA ****** KNIGHT IS A LYING SCAM ARTIST. I AS FUNDED THEN DEFUNDED THRU ******'S GHOST BANK. DEMAND REFERRALS AND COPY OF HIS DL, INFORMED I WAS APPROVED FRIDAY, SAT NIGHT DEMANDED $500 FOR ITS SECRETARY, THEN SUNDAY DEMANDED $$ FOR ITSELF, DON'T SEND $$ TO THIS POS, DEMANDS WHATS APP, ***** SUBMITTED RECORDED PHONE CALLS AND TEXT MESSAGES TO DA **************************** associated with *********************** !
Stan S
4/5
Great customer service and really helped my business grow. Will definitely use them again.
Andrew
1/5
BE AWARE!!! This company will advise you that you are approved for funding. Then they will later contact you asking for you to provide your Bank Account password and username.
Tony
1/5
This Company is a Scam, reviews on here are fabricated. Company takes you through a verification process, gets all your Banking information and stops you at the end. The rep I dealt with name is Allen Green via phone conversation and text. Waited two days for verification, text Allen to asked what’s going on, to which he says it’s and Underwriting there backed up. Two more days I texted, which he replied oh sorry they turned the Company down. This Company is One guy in a House, getting people Banking Information. Know our Company have to change everything, because these guys have all our Information. I checked BBB and they have Multiple Lawsuits. I didn’t see this when I pulled them up before I went forward with my loan. Allen will lie, before I started the process I asked him is this daily or weekly payback, to which he told us Monthly, it’s daily draw. If he said this in the beginning I wouldn’t have proceeded. You’ve been warned. Five Star reviews again are false! Go to BBB website.
Bart M
4.1/5
It's expensive, but there are times in business where the ends justify the means. Make sure you can afford it. Knight's Capital was easy to work with and the small daily withdrawals are an easy way to pay back a debt. One suggestion - work with them directly instead of through a broker. The broker will take a commission out of their advance and end up costing you more money.
Goldy
1/5
I got a $20,ooo capital loan. This loan cost me $600 of the $20,000, so I got $19,400 deposited in my account. The next day I had another $600 removed. I contacted them and they told me it was in the contract you signed. When it comes to taking my working capital funds, this is deceitful. Next I had to pay $24,800 back in 6 months. A loan of $18,800 cost me $6,000 for 6 months. Be very skeptical on taking a loan. This could very well destroy your business. Several companies have failed due to this type of loan.
Rhonda C
1.7/5
If at possible do not use this company!!! We took an advance with this company and then Covid-19 hit. With the company shut down and no funds coming in, Knight Capital has us jumping through hoops just to stop the withdrawals. Every couple of days, we have to send a screenshot of our account to show the balance and prove that we did not have funds coming in. Then I get an email from on of the employees stating they will lower the withdrawals to a lower amount only to have them withdrawal the full payment instead of the lower amount. They will draft you payments placing your account in a negative balance, they have done this several times and when contacted all they will do is freeze your account for a couple of days. They could care less that your not working, no money coming in or that you have to figure out how to make it right with the bank just as long as they can get something out of you. I WILL NEVER USE KNIGHT CAPITAL FUNDING AGAIN. They are quick to get you money but bad customer service if you're having a problem that is out of your control.
Dawn M.
1/5
Would not recommend to anyone in the world! Horrible company.
Tarun
3.5/5
Straight forward terms. Fast funding. I got funded with Knight in March 2019
Frank C.
2/5
Straight forward terms. Fast funding. I got funded with Knight in March 2019
Chloe
1/5
Scammer Stay away..!!
