knight capital scam alert
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Thread: knight capital scam alert

  1. #1
    It appears this broker has team up with a manage account trader to scam customers money. One of my buddy got scammed by this finance called Lion Fund. He put first week that is 10k Lion Fund traded lot won cuople hundred dollars. They exchanged 1 shot and vacant his account at 1 day. This is a scam men. This is a setup between broker and a few so called Manage Account. So be cautious men stay far Fortress Fund they seem suspecioud

  2. #2
    Try sharing your experience at forexpeacearmy review section lets see if it illuminates some thoughts. best of luck

  3. #3
    I also got burnt together with Lion FX Fund. I thought It would be insecure to utilize some of my trading capital back if February of this year. At first it made consistent profits and thought every thing was all okay until I began to examine of this losing trade that changed direction a buy trade would eventually turned into winning trade. Initially I thought was a issue with my eyes maybe not! Additionally mysterious hedge trades would appear after they had been close cancelling out large transactions and showing a profit. When I email them they would never give me a very clear answer. Additionally their account on myfxbook did not demone exactly the same like for like trades in my account?? Once again fudged off by them when questioned.

    It would appear that they had been manipulating they way trades were displayed in my MT4 platform they had complete control. The login page to Knight Capital has an affiliates login https://www.knightcapitalmarkets.com/?aff=lion plus they appear to have white label brokerage arrangement Knight Capital which makes Knight Capital complicit in this venture.

    Basically the scam works like that you deposit your hard earn money into the Knight Capital account operate by Lion Fund. They trade away revealing consistent profits together with the occasional losing trade (that is all fake) your account appears to grow (fake) which means you're happy. Until one day they open a variety of losing trades using position sizes that are huge and you get a margin call and you lose your deposit that Lion Fund luggage because they are the broker hiding behind Knight Capital label. Lion Fund sends you an email apologising for the downward turn in the market and that is the essence of trading. Knight Capital say it's nothing to do with them

    It was easy case of not doing my home work and believing a lot of what I see rather than questioning matters in my own mind.

    It is a smart scam but the tell-tale signs were there I just didn't find them before it was too lateWeb site is full of crap stock photo's with some of them photograph shopped and yes fake testimonials by celebrities https://www.lionfxfund.com/OpenAccount/ The Lion Fund portfolio that wrongly mentions Fortress Fund instead of Lion Fund (Fortress Fund also endured a devastating collapse) The evasive mails from their CEO Alex Willi (Linkedin has crap stock photograph claiming to be him) https://je.linkedin.com/in/alex-willi-6bb397b8 The postal address in Denmark that is a mail box and nothing else

  4. #4
    I was scammed at the same and the signs were there, The Lion Fund along with Knights Capital aren't regulated. Could we take any action against them apart letting the world know about scam.

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