LONG ASIA Review
LONG ASIA in a nutshell
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.
FXCanary rates LONG ASIA at 56/100 scam risk (High risk), based on regulation & licensing, fund-safety signals, company transparency, complaint history and real user feedback.
See the open scoring breakdown →
Pros
- Traders seeking high leverage up to 1:500
- Beginners with small capital (Cent account from $10)
- Users of MetaTrader 4 platform
Cons
- 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
Regulation & licenses
Every licence on file for LONG ASIA, as cross-checked by FXCanary against public regulatory registries.
| Regulator | Type | Licence no. | Status | Country |
|---|---|---|---|---|
| FSCA | Derivatives Trading License (EP) | 53197 | — | South Africa |
Account types & conditions
Account tiers and trading conditions on record for LONG ASIA.
| Account | Min. deposit | Max. leverage | Min. spread | Commission |
|---|---|---|---|---|
| ECN | $100 | 1:500 | From 0.0 | $8 per lot |
| Standard | $100 | 1:500 | -- | $0 per lot |
| Cent | $10 | 1:500 | -- | $0 per lot |
LONG ASIA is a forex and CFD broker based in Saint Vincent and the Grenadines, with records dating to 2022-09-21. It reports oversight from FSCA.
FXCanary’s verdict is “Elevated.” There are enough red flags that we’d urge caution before depositing.
On Trustpilot, LONG ASIA holds a real-user score of 2.6/5 across 14 reviews. Withdrawal problems appear 18 times — always test a small withdrawal first.
Finally, beware of impersonation: we tracked 1 clone website(s) copying LONG ASIA. Always reach the broker through its verified official domain, never via links in ads or messages.
What real traders report
Aggregated from 14 independent reviews across Trustpilot and Forex Peace Army.
- Customer support · 3 mentions
- Withdrawals · 2 mentions
- Deposits & funding · 2 mentions
- Platform & app · 1 mentions
- Speed · 1 mentions
- Withdrawals · 7 mentions
- Customer support · 4 mentions
- Deposits & funding · 3 mentions
- Platform & app · 2 mentions
- Profit / payouts · 2 mentions
Scam-risk findings
- Registered in Saint Vincent and the Grenadines (offshore, light oversight)
- 10 user exposure/complaint reports filed
- Withdrawal complaints in ~95% of recent reviews
Our scoring method is published in full and weighs regulation, fund safety, company age, clone reports, complaints and independent reviews. FXCanary takes no payment from any broker it rates.