Long Asia Group has been flagged by Securities Commission for "Unregistered/Unlicensed entity offering financial products or services". Carrying on unlicensed capital market activities of dealing in securities This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
I closed a profitable position at Long Asia Group and the profit was not credited for 5 days. Support said it was a settlement delay. When it finally arrived it was less than the amount shown on the platform. They could not explain the difference. I have moved my account.
Pros: Automated trading options|Dedicated account manager|Economic calendar
Cons: Withdrawal takes 1-2 business days
The onboarding at Long Asia Group was smooth which makes the subsequent experience even more frustrating. Once they have your money, the quality of service drops dramatically. Getting anyone to help you with an actual problem is nearly impossible.
Pros: Good analytical tools|Dividend tracking|Tax reports included
Cons: No phone support on weekends
Tried to withdraw my funds from Long Asia Group and was told I needed to pay a "withdrawal tax" of 20%. This is a red flag. No legitimate broker charges withdrawal taxes. When I refused, they became aggressive and eventually stopped all communication. My entire investment is gone.
Pros: Professional looking website
Cons: Blocked my account|No legitimate license|Fake returns
After spending for roughly four months trying to make Long Asia Group work for me, I have given up. The platform has too many limitations, the fees are not competitive, and the quality of their market data is questionable. There are much better options available.
Pros: Detailed reporting|Fast execution|Demo account available
Cons: Nothing significant
What really bothers me about Long Asia Group is the disconnect between their marketing and reality. They position themselves as a premium service but deliver a below-average experience. Found them from a blog post comparing services and I fell for the polished exterior. Never again.
Pros: Reliable uptime|Responsive team|Market news feed
Cons: Desktop app not available on Linux|Search feature is basic
After seeing ads for Long Asia Group online, I investigated. The company is listed in the IOSCO I-SCAN warnings database and has been flagged by Securities Commission. Their website looks professional but that means nothing - many scam operations invest heavily in appearance. Always check the regulatory warnings before investing.
Cons: Listed in warning databases|No transparency|Pressure to invest quickly