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Longasia -

Score

1.52 /10
Danger

Longasia

Singapore

5-10 years

Questionable Regulatory License

Suspicious Operational Region

High Potential Risk

http://longasiagroup.com/en/index.php

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Comparison

Quantity 27

Exposure

Open Account
Website

Score

Regulatory Index2.01

Business Index7.21

Risk Management Index1.30

Software Index4.63

License Index2.69

The broker's WikiFX Score has been lowered due to a high volume of unresolved client complaints.
Open Account
Website

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

Long Asia Group Limited

Company Abbreviation

Longasia

Platform registered country and region

Singapore

Company website

Pyramid scheme complaint

Expose

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Warning: Low score, please stay away! 5
Previous Detection : 2026-07-27
  • This broker lacks valid forex regulation. Please be aware of the risk!
  • WikiFX has recorded a total of 26 user complaints against this broker. Please be aware of the high risks and exercise extreme caution.

WikiFX Verification

Exposure

27 pieces of exposure in total
Pyramid scheme complaint
Expose
Unable to Withdraw

It takes me a year to withdraw funds. The customer service doesn’t reply to me

The boss has a dual identity separately in Hong Kong and mainland

2020-12-08 18:56
Unable to Withdraw

Unable to withdraw

The platform, with arbitrage, induced clients to invest and withholds their fund.

2020-01-13 10:59
Unable to Withdraw

Both the withdrawal and website are unavailable.

In 2019, the customer service assigned blame on the audit. Now both the withdrawal and website are unavailable. It seems to have absconded. 160 thousand RMB is doomed.

2020-04-15 20:10
Unable to Withdraw

Unavailable withdrawal

In October, 2018, I deposited 39000 dollars into 2 accounts, namely, 601226 and 61065. In the end of 2019, there was only 10% fund in my position. I applied for the withdrawal in February, while it is yet to be received until April. Now the website is disabled.

2020-03-25 10:44
Unable to Withdraw

The withdrawal is unavailable for 6 months. When could it be done?

The withdrawal is unavailable for 6 months. When could it be done?

2020-07-27 16:59
Unable to Withdraw

Unable to withdraw funds

The scam company, together with Huijia Capital, defrauded us of 40 to 50 million yuan.

2023-09-14 21:23
Unable to Withdraw

Cannot withdraw 42K USD

Long Asia Capital and Long Asia Group have been refusing to process my withdrawal request for more than 4 months. They are not responding to any communication. Complaing has been raised to MAS.

2020-03-08 20:26
Unable to Withdraw

The withdrawal is unavailable in Longasia for 6 months.

In last August, with the excuse of arbitrage, Longasia has kept holding off time for 6 months. Longasia used to own the Singaporean license, now it has become a facade. The boss, Chen Yao, is from Hangzhou and now has set up the company Zhejiang Changmou Investment Management Co., Ltd., which located at Wantang Road. One can verify it online the identity person is the same person.

2020-04-14 18:57
Unable to Withdraw

The withdrawal is unavailable for one year. The platform kept holding off.

The withdrawal is unavailable for one year. The platform kept holding off.

2020-05-27 19:14
Unable to Withdraw

The website is disabled, let alone withdrawal.

The website is disabled, let alone withdrawal. In addition, the domain name of Longasia , www.longasia.com, seems to have been sold.

2020-06-08 11:00
Unable to Withdraw

Being cheated by a black platform

After attending a seminar and getting to know the director of Jiahui Capital, I was asked to invest in Changya, but it turned out that I wouldn't be able to withdraw any money and would not be liable to pay back the money!

2023-12-25 19:03
Unable to Withdraw

It has been a year after the so-called withdrawals in batches. I still can’t get my withdrawals!

Longasia claimed it was investigated by the regulator for some clone firm charged margins in its name. They promised the withdrawals could be available after the investigation. And the withdrawals would arrive in batches for there are so many people withdrawing funds. However, there is no response since May 1. I operated myself and there is commission of ￥170,000. I can’t get it. And I lost all the money in my MT4 account.

2020-12-11 16:12
Unable to Withdraw

Fraud Longasia gave no access to withdrawal, kept shirking.

Longasia only allow you to suffer losses, until your account becoming liquidated.

2020-05-06 11:35
Unable to Withdraw

Longasia gave no access to withdrawal, saying that they were auditing due to interest arbitrage.

Longasia gave no access to withdrawal, saying that they were auditing due to interest arbitrage. Thus, the withdrawal is unavailable since September.

2020-01-15 17:02
Unable to Withdraw

Longasia

I made a withdrawal of $32.7 into Longasia (I have deposited $4000 or so totally). As of April 9th, the customer service still kept me awaiting. Now I realized that my fund was doomed. Hope you avoid being cheated by this scam platform. Busted. Thank you.

2020-04-09 17:44
Unable to Withdraw

It is a scammer

The person who introduced the attorney's fee of 500,000 yen will pay 400,000 yen and the remaining 100,000 yen will be paid at 10 am on the 17th, but the transfer will be made again. I've been billing 30,000 yen for expenses and gasoline, this time I've been billing a deposit of 30,000 yen because the bank says it's a fraud, and I've been billing 30,000 yen again, on the 17th of the promise I was supposed to make a deposit at 10am, but I haven't made a deposit, such, when I asked to pay the delinquent charge of 10,000, I said that I would make a deposit in your account, and when I confirmed it, it wasn't made.

2022-02-17 13:33

    News

    ExposureLong Asia Group Review 2026: Withdrawal Complaints, Unverified Regulation, and High Risk

    Available data shows Long Asia Group carries significant risk for Indian traders, characterized by an extremely low safety score, unverified regulatory licenses, and unresolved withdrawal complaints. Traders should exercise extreme caution before depositing funds or using this platform.

    WikiFX
    2026-05-27 11:00
    Long Asia Group Review 2026: Withdrawal Complaints, Unverified Regulation, and High Risk

    ExposureLong Asia Group Review (2025): Is it Safe or a Scam?

    If you are considering depositing funds with Long Asia Group (also known as Long Asia Forex), we urge you to pause immediately.

    WikiFX
    2025-12-31 15:54
    Long Asia Group Review (2025): Is it Safe or a Scam?
    About More

    User Reviews

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    User comment

    3

    Comments

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    FX1658486181
    more than one year
    The $500 withdrawal never arrived. Support isn't responding. They're located somewhere in Southeast Asia (I think it's Singapore), and they're not bound by any legal regulations. The app/website is a trap.
    The $500 withdrawal never arrived. Support isn't responding. They're located somewhere in Southeast Asia (I think it's Singapore), and they're not bound by any legal regulations. The app/website is a trap.
    Translate to English
    2024-03-27 10:17
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    Zez
    more than one year
    A big scammer! They don’t allow me to withdraw my rest $690 in my account after continuous losses. It has been three months. Don’t really know what to do. Who can help me?
    A big scammer! They don’t allow me to withdraw my rest $690 in my account after continuous losses. It has been three months. Don’t really know what to do. Who can help me?
    Translate to English
    2022-12-05 14:39
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    0
    0
    27