longasiagroups.com has been flagged by Financial Markets Authority for "Unregistered/Unlicensed entity offering financial products or services|Fraud ...". We are concerned that the websites listed below may be involved in a scam. These websites offer online trading services and falsely claim to be operated by a New Zealand company.
We have received multiple reports from people who invested in longasiagroups.com and are now unable to withdraw their... This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
Tried to withdraw my funds from longasiagroups.com 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.
Cons: Cannot withdraw funds|Not regulated|Pressure tactics
The only good thing about longasiagroups.com is that they remind you why regulation matters. I found them based on a colleague's recommendation. They are regulated in a jurisdiction with weak consumer protection. When things went wrong I had nowhere to turn. Stick to well-regulated brokers.
Pros: Dedicated account manager|Social trading features
Cons: No dark mode on mobile|Some tools only available on higher tiers
longasiagroups.com seems more interested in acquiring new customers than taking care of existing ones. The marketing is aggressive but the product is mediocre. Once you are past the honeymoon period, the cracks in their service become very apparent.
Pros: Tax reports included|Two-factor authentication
Cons: Help articles are sometimes vague
I was about to invest with longasiagroups.com but decided to check their regulatory status first. They claim to be regulated but I could not find them on any official register. Financial Markets Authority has actually issued a warning about this firm. Thank goodness I checked before sending any money.
Pros: Website looks legitimate on the surface
Cons: Listed in warning databases|No transparency|Pressure to invest quickly
My withdrawal request from longasiagroups.com has been pending for over two weeks now. Every time I contact support, I get the same copy-paste response about processing times. This is unacceptable for a financial platform in this day and age.
Pros: Full transparency|Low minimum deposit|Multi-currency support|Comprehensive tools
Cons: No phone support on weekends
I found longasiagroups.com after reading several online reviews and the initial impression was positive. But for over three years later, I have encountered so many issues that I cannot recommend them. Trades failing, charts not loading, and support tickets going unanswered for days at a time.
Pros: Comprehensive tools|Clear documentation|Competitive fees
Cons: No crypto staking