About LONGSHARK
Company Overview
LONGSHARK is a forex brokerage firm registered in the United Kingdom, with its official domain being longsharks.com. According to public registry records, the company was founded on 30 August 2025 and lists its registered address as 20 Wenlock Road, London, England, N1 7GU. The broker's name and branding suggest a focus on high-net-worth individuals, as reflected in its account structures.
The company has no known regulatory licences from any financial authority. The absence of regulation is a critical point for potential clients, as it means the broker is not subject to oversight by bodies such as the Financial Conduct Authority (FCA) or other tier-1 regulators. Traders should exercise caution when considering unregulated entities, as dispute resolution and fund protection mechanisms may be limited or absent.
Account Types and Minimum Deposits
LONGSHARK offers four distinct account tiers: Platinum, Gold, Silver, and Basic. The Platinum account requires a minimum deposit of €250,000 and offers a maximum leverage of 1:100. The Gold account has a minimum deposit of €100,000 with a maximum leverage of 1:50. The Silver account demands €25,000 and provides leverage up to 1:20, while the Basic account starts at €5,000 with a maximum leverage of 1:10.
These high entry points indicate that LONGSHARK targets affluent traders, particularly those seeking substantial trading volumes. The leverage ratios are relatively conservative compared to some unregulated brokers, which may offer higher multiples. The tiered structure suggests a focus on account-level differentiation, though it is unclear what additional services or features accompany each tier beyond leverage.
Trading Instruments and Platforms
Our records do not specify the trading instruments offered by LONGSHARK. Typically, forex brokers provide access to currency pairs, commodities, indices, and sometimes cryptocurrencies or CFDs. Without confirmed information, it is not possible to determine the breadth of asset classes available.
Similarly, there is no public information regarding the trading platforms supported by LONGSHARK. Common platforms include MetaTrader 4, MetaTrader 5, cTrader, or proprietary web-based interfaces. The absence of such details makes it challenging for traders to assess the broker's technological suitability.
Regulatory Status and Client Fund Safety
LONGSHARK is not regulated by any known financial authority. The company's registered address in the United Kingdom does not imply FCA regulation; many firms register in the UK without obtaining the necessary permissions to operate as a brokerage. This lack of oversight means client funds are not protected by compensation schemes such as the Financial Services Compensation Scheme (FSCS).
Traders considering LONGSHARK should be aware that unregulated brokers carry elevated risks, including potential issues with withdrawal processing, trade execution, and overall transparency. It is advisable to verify any claims of regulation through independent checks, though none have been identified for this broker.
Financial Requirements and Suitability
The minimum deposit requirements for LONGSHARK are notably high, starting at €5,000 for the Basic account and reaching €250,000 for Platinum. This positions the broker as a niche provider for wealthy individuals rather than retail traders with modest capital. The lower leverage at lower tiers may also limit profitability for smaller accounts.
Given the unregulated status, the high entry barriers could be seen as a strategy to attract serious investors, but they also raise questions about the broker's target audience. Without regulatory oversight, the financial stability and operational integrity of LONGSHARK remain unverified.
Company Background and Transparency
LONGSHARK was founded in August 2025, making it a very new entrant in the brokerage industry. The company's registered address is at 20 Wenlock Road, London, a location commonly used for virtual offices and business registrations. This does not necessarily indicate a significant physical presence.
Transparency regarding company ownership and management is not available in our records. The lack of detailed public information, combined with recent establishment, adds to the uncertainty surrounding this broker. Traders are encouraged to conduct thorough due diligence before committing funds.
Overview compiled by FXCanary from regulatory records and public data. full LONGSHARK review