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LONG ASIA

High riskForex / CFD broker
🇻🇨 Saint Vincent and the Grenadines · 2-5 years · since 2022-09-21 · Long Asia Group Ltd
FSCA
Visit site ↗
2.6/5
★★★★★ ★★★★★
33 reviews ›
1
Licenses ›
18
Withdrawal issues ›
$10
Min. deposit ›
1:500
Max leverage ›
3
Account types ›
56/100
Scam risk ›
1
Clone sites ›
Accounts: ECN · $100Standard · $100Cent · $10
▲ 32% positive▼ 53% negative
Independent ratingshow third parties score this broker
WikiFX2.05/10
Trustpilot2.6/5
Forex Peace Army—/5
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LONG ASIA operates in your country (United States) — but holds no local license. You’d likely be onboarded under an offshore entity, which means weaker fund protection. Confirm which entity before depositing.
56
High risk
Scam Risk Scoremonitored · 2026-07-28
Lower riskHigher risk
  • Registered in Saint Vincent and the Grenadines (offshore, light oversight)
  • 10 user exposure/complaint reports filed
  • Withdrawal complaints in ~95% of recent reviews
How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

FactorScoreWeight
Regulation & licensing6835%
Company age4515%
Clone / impersonation012%
Withdrawal & exposure complaints10012%
Offshore registration808%
Transparency (site/info/social)2810%
Real-user sentiment508%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company
Legal nameLong Asia Group Ltd
Headquarters🇻🇨 Saint Vincent and the Grenadines
Founded2022-09-21
Years operating2-5 years
Employees0
Official websitelongasiagroup.com
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating—
Trading cost rating—
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods · --
Withdrawal methods · --
Instruments--
Registered address
Beachmont Business Centre, Suite 439, Kingstown, St Vincent and the Grenadines.

Regulation & licenses · 1

RegulatorLicense typeLicense No.RegionStatus
FSCADerivatives Trading License (EP)53197South Africa—

Account types · 3

AccountMax leverageMin. depositMin. spreadCommissionEA
ECN1:500$100From 0.0$8 per lot✓
Standard1:500$100--$0 per lot✓
Cent1:500$10--$0 per lot✓
Full reviewIn-depth editorial analysis

Review analysis AI

Rating mismatch — Industry-tracker scores run far lower than real users do (gap -1.58)

LONG ASIA operates from Saint Vincent and the Grenadines, a jurisdiction with minimal regulatory requirements, and holds an FSCA license that is not fully verified. The high leverage of 1:500 across all accounts increases risk. Our FXCanary Scam Risk Score of 56/100 (Elevated) reflects these concerns. Traders should proceed with caution and conduct thorough due diligence.

Best for
  • Traders seeking high leverage up to 1:500
  • Beginners with small capital (Cent account from $10)
  • Users of MetaTrader 4 platform
Not for
  • Traders requiring strong regulatory oversight
  • Investors looking for a well-established, long-track-record broker
  • Risk-averse individuals due to high leverage and limited investor protection
Period:
What users complain about
What users praise
Where reviewers are from
Malaysia8
India4
New Zealand2
Italy1
Hong Kong1
Nigeria1

Real user reviews

Where LONG ASIA operates

Active across 2 markets (by market presence). Licensing rarely covers all of them — where it isn’t locally licensed, you’re onboarded under an offshore entity with weaker protection.

🇮🇳 India 2 complaints
🇺🇸 United States
🇿🇦 South Africa Licensed
🇲🇾 Malaysia 8 complaints

Market presence: WikiFX SkyEye · complaints: our records · licensing: official registers. Where you’re accepted is set by the broker’s own terms — always confirm before depositing.

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What LONG ASIA says about itself as stated by the broker · not independently verified by FXCanary

About LONG ASIA

According to its website, LONG ASIA GROUP is a regulated Forex and CFD broker that provides traders with access to a variety of financial instruments, including currency pairs, commodities, stocks, and indices. The company positions itself as a long-term trading partner, offering professional trading solutions.

Account Types

The broker offers three account types to suit different trader profiles: ECN, Standard, and Cent accounts. Each account provides maximum leverage of up to 1:500. The minimum deposit for ECN and Standard accounts is $100, while the Cent account requires only $10, making it accessible for beginners.

Trading Platforms and Instruments

LONG ASIA states that it provides the MetaTrader 4 (MT4) trading platform, a widely recognized platform in the industry. The broker claims to offer trading in forex, commodities, stocks, and indices, though specific instrument lists are not detailed on the site.

About LONG ASIA

Company Background

LONG ASIA is a forex and CFD broker registered in Saint Vincent and the Grenadines, with a registered address at Beachmont Business Centre, Suite 439, Kingstown. The company was founded on September 21, 2022, and operates under the brand name LONG ASIA GROUP. Its official website is longasiagroups.com.

Regulatory Status

The broker claims to be regulated by the Financial Sector Conduct Authority (FSCA) of South Africa under a Derivatives Trading License (EP). However, the specific license status is not confirmed on our records. Saint Vincent and the Grenadines is not a major regulatory jurisdiction, which places greater emphasis on the FSCA registration. Traders should verify the current license status directly with the FSCA.

Account Types and Leverage

LONG ASIA offers three trading accounts: ECN, Standard, and Cent. All accounts provide maximum leverage of 1:500, which is considered high and carries significant risk. The ECN and Standard accounts require a minimum deposit of $100, while the Cent account requires only $10, designed for traders who wish to start with a smaller capital.

Trading Platforms and Instruments

The broker supports the MetaTrader 4 (MT4) platform, a popular choice for retail traders due to its advanced charting tools and automated trading capabilities. Instruments available include currency pairs, commodities, stocks, and indices, though the full range is not publicly specified.

Suitability

LONG ASIA targets both beginner and experienced traders through its tiered account structure. The Cent account is particularly suitable for novices, while the ECN account may appeal to those seeking direct market access with tight spreads. However, the high leverage and limited regulatory oversight mean it may not be suitable for risk-averse traders.

Overview compiled by FXCanary from regulatory records and public data. full LONG ASIA review