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LONG ASIA

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Before you deposit, read our Long Asia review. We expose the truth about their trading platform, reported withdrawal issues, and high-risk warnings. Protect your capital from potential trading scams and unregulated brokers.
Long Asia Review {year}: Scam or Legit? Withdrawal & Risk Report

Operating status: SCAM

Website: https://longasiagroups.com/

Broker violations and abnormal records
  • 2025-08-31 BrokersView has found that Long Asia appears to be a scam

    During our initial investigation, Long Asia claimed to be regulated by the South African Financial Sector Conduct Authority (FSCA). Based on the license number they provided, we verified that the FSCA register listed the entity as LONG ASIA GROUP NZ (PTY) LTD, as shown in the attached image.

    However, we have since discovered that the licensed entity on the FSCA register has changed. Additionally, Long Asia has removed this regulatory information from its official website. This raises concerns that the authorization may have been withdrawn or revoked.

    Long Asia previously also claimed to be registered with New Zealand’s Financial Service Providers (FSP) Register. Upon verification, we found that the entity is now listed as deregistered.

    As a result, Long Asia currently appears to hold no valid regulatory licenses. This poses a significant risk.

    During our initial investigation, Long Asia claimed to be regulated by the South African Financial Sector Conduct Authority (FSCA). Based on the license number they provided, we verified that the FSCA register listed the entity as LONG ASIA GROUP NZ (PTY) LTD, as shown in the attached image. However, we have since discovered that the licensed entity on the FSCA register has changed. Additionally, Long Asia has removed this regulatory information from its official website. This raises concerns that the authorization may have been withdrawn or revoked. Long Asia previously also claimed to be registered with New Zealand’s Financial Service Providers (FSP) Register. Upon verification, we found that the entity is now listed as deregistered. As a result, Long Asia currently appears to hold no valid regulatory licenses. This poses a significant risk.

Related Complaints

Q&A

Is LONG ASIA legit? They claim to have been around for years, can that be true?？

Simon Harries
Malaysia
2025-07-12
ANSWER Dear Investor, According to the website of Long Asia Group NZ, the company claims to be authorised by the Financial Sector Conduct Authority (FSCA) in South Africa, with licence number 53197. Upon investigation, we found a matching result: the company's name has been recorded as an FSCA licensee since 2023. However, please note that the FSCA does not publicly disclose the domain names of licensees, raising concerns about potential identity theft. Furthermore, the FSCA is an offshore regulator known for its relatively lax oversight and limited investor protection. This means that there may be certain risks when trading with the brokers under its oversight. Long Asia also claims to be registered and authorized by the U.S. Financial Crimes Enforcement Network(FinCEN). Upon verification, we confirmed that there is indeed a corresponding registration record. However, it is important to note that FinCEN’s MSB registration does not entail regulatory oversight of forex trading activities. Therefore, this registration does not provide any guarantee or protection for forex-related investments. In addition, Long Asia claims to be registered in New Zealand. Our investigation found that although a company named LONG ASIA GROUP NZ LIMITED was indeed registered with the Financial Service Provider (FSP) in 2012, its current status is “deregistered.” Furthermore, Long Asia does not hold a licence issued by the Financial Markets Authority (FMA) in New Zealand. These findings suggest that despite having been registered for some time, Long Asia appears to not operate under strong regulatory oversight for its forex trading activities, which may pose potential risks to investors. Based on the above, we recommend exercising caution in any dealings with this company.
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IS LONG ASIA REGULATED?

Jose Javier Moh
Denmark
2025-09-01
ANSWER Dear Investor, During our initial investigation, Long Asia claimed to be regulated by the South African Financial Sector Conduct Authority (FSCA). Based on the license number they provided, we verified that the FSCA register listed the entity as LONG ASIA GROUP NZ (PTY) LTD. However, we have since discovered that the licensed entity on the FSCA register has changed. Additionally, Long Asia has removed this regulatory information from its official website. This raises concerns that the authorization may have been withdrawn or revoked. Long Asia previously also claimed to be registered with New Zealand’s Financial Service Providers (FSP) Register. Upon verification, we found that the entity is now listed as 'deregistered'. As a result, Long Asia currently appears to hold no valid regulatory licenses. This poses a significant risk. Therefore, we strongly advise against using this platform to protect your funds.
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1 comments

Forex Trader
Warning: High RiskLong Asia is widely flagged as a scam or high-risk broker. Here is the breakdown:Regulatory Alerts: Regulatory bodies like the New Zealand FMA have issued official warnings against them for falsely claiming registration and misrepresenting their legal status.Withdrawal Issues: Numerous reports from users indicate that the platform freezes accounts or demands "taxes/fees" when you try to withdraw funds—a classic sign of a scam.False Claims: They often use fake licenses or "clone" the details of legitimate firms to appear trustworthy.VerdictAvoid this platform. Do not deposit any funds. If you have money there, try to withdraw it immediately and do not pay any "additional fees" to get it out.
2026-03-03
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