I'm on Win 8.1 and got the same problem.
Here are my 2 cents to this. I encountered this bug on NI Maschine too.
Disabling high DPI scaling is not a solution for me because all VST GUIs would become very tiny too.
My workaround is to turn knobs using the mouse-wheel. This works for all knobs except that one in the track panel for the envelope automation lines. So I use a theme that has a fader here.
Generally you can use a theme with no knobs like the Classic_1.x that comes with the Reaper installation.
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