LONG ASIA

Is LONG ASIA a scam? Based on its regulatory footprint, withdrawal behaviour and corporate transparency, our verdict is clear — and concerning. Here is the full review.

Who is LONG ASIA?

LONG ASIA markets itself as an online trading and investment service. Its public site is presented at https://longasiagroups.com/. It claims to be based in New Zealand. As with most operations of this kind, the polished front end conceals a lack of the basic protections a real, regulated broker is required to provide.

Is LONG ASIA regulated?

LONG ASIA references FSCA in connection with its regulatory status. We were unable to confirm this as a valid, current authorisation to handle client funds for the services LONG ASIA offers. Claimed or borrowed regulatory references are a common tactic used to manufacture false credibility.

Red flags we identified

• Aggressive “account managers” coaching clients to deposit
• Opaque or anonymous corporate ownership
• No verifiable licence from a recognised financial regulator
• Unrealistic profit claims and pressure to deposit more
• Withdrawals reportedly blocked behind “taxes,” “fees” or account “upgrades”

Our analysis

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 This raises concerns that the authorization may have been withdrawn or revoked.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.

Can you recover money lost to LONG ASIA?

If you have deposited with LONG ASIA, do not pay any further “fees” to withdraw — that is part of the trap. Funds sent to operations like this can sometimes be traced on-chain and pursued through the exchanges and processors that received them. Whether recovery is realistic depends on how you paid and how quickly you act.