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LONG ASIA Forex broker specializes in providing foreign exchange trading services, the company's official website https://member.longa..., the company's legitimate regulatory information South AfricaFSCAFinancial Service Corporate to enhance the security of the company's address 70 Prospect Terrace, Mount Eden, Auckland, 1024, NZ

LONG ASIA Forex Broker

Basic Information

Registered Region

New Zealand

Operating Period

Company Name

LONG ASIA GROUP NZ LIMITED

Abbreviation

LONG ASIA

Company employee

Customer Service Email Address

support@longasiagroups.com

Contact Number

+6082687445

Company Website

http://longasiagroups.com/#

Company address

70 Prospect Terrace, Mount Eden, Auckland, 1024, NZ

Keywords

2-5 years

Regulated in South Africa

Financial Service Corporate

MT4 Full License

Regional Brokers

Suspicious Overrun

Medium potential risk

Company profile

LONG ASIA GROUP Review Summary in 10 pointsFounded2012Registered Country/RegionNew ZealandRegulationFINTRACMarket Instruments2,100+, forex, precious metal, commodity, index CFDs, cryptocurrencyDemo AccountAvailableLeverage1:500EUR/USD SpreadFrom 0.0 pipsTrading PlatformMT4Minimum Deposit$10Customer SupportNZST 10am – 17pmContact formPhone: +6082-687 445Email: support@longasiagroups.com LONG ASIA GROUP Information LONG ASIA GROUP is a regulated Forex and CFD broker offering a range of business products and services. The broker provides traders with access to over 2,100 financial instruments, including forex, precious metal, commodity, index CFDs, cryptocurrency through three types of trading accounts via the MetaTrader 4 (MT4) trading platform.Pros & Cons Pros Cons • Regulation by FINTRAC• Limited payment options• Offers a variety of financial instruments• Withdrawal fees vary depending on the payment method• Three types of trading accounts• No multilingual support• Demo account available to practice trading• Low minimum deposit requirement• Popular MetaTrader 4 trading platform• Maximum leverage of 1:500• Transparent price informationIs LONG ASIA GROUP Safe? LONG ASIA GROUP is a regulated broker in both Canada and Australia. it keeps Licenses from the Financial Transactions and Reports Analysis Center of Canada (FINTRAC, No. M21245696). However, it is important to note that the regulation does not guarantee security or prevent fraudulent activity. You may want to do more research and due diligence, such as reading reviews and checking for any outstanding legal or regulatory issues, before deciding whether to use LONG ASIA GROUP services of .Market Instruments LONG ASIA GROUP provides traders with 2,100+ trading instruments, including 55+ global currency pairs, commodities (crude oil, natural gas, etc.), CFDs on metals (gold, silver, etc.), major global indices, and cryptocurrencies (Bitcoin, Ethereum, etc.).Account Types LONG ASIA GROUP offers three types of accounts: Cent, Standard and ECN. To open a Cent account, $10 is enough. While for the Standard or ECN account, which targets more experienced traders, the minimum deposit required start from $100. LONG ASIA GROUP also offers demo accounts for all three account types. These accounts allow traders to practice trading in a risk-free environment and test different strategies before trading with real money.Leverage LONG ASIA GROUP offers maximum leverage of 1:500 for all account types. Leverage is a tool that allows traders to open positions with greater exposure than their initial investment, allowing them to potentially generate higher profits. The higher the leverage, the higher the potential profit, but also the higher the potential risk. With a maximum leverage of 1:500, LONG ASIA GROUP it provides traders with a high degree of flexibility and allows them to open larger positions with a smaller initial investment. While this can be advantageous for experienced traders who understand the risks involved, it can also increase the potential for significant losses. Therefore, it is important that traders use leverage wisely and have a solid risk management strategy in place to minimize the risks associated with trading on margin.Spreads & Commissions LONG ASIA GROUP offers different spreads and commissions depending on the type of account. The Cent and Standard accounts have variable spreads, which means they fluctuate based on market conditions. However, there is no commission is charged for these accounts. On the other hand, the ECN account has spreads from 0.0 pips and merchants are charged a $8 commission per lot Traded This account type is designed for advanced traders who require direct access to market liquidity and fast execution speeds. It is important to note that spreads and commissions may vary depending on market conditions and the type of instrument being traded. Traders need to keep an eye on commission charges and spreads to make informed trading decisions and factor them into their overall trading costs.Trading Platform LONG ASIA GROUPoffers the popular Meta Trader 4 (MT4) trading platform, which is available on both desktop and mobile devices. MT4 is a reliable and easy-to-use platform that is widely used by traders around the world. It offers a variety of features, including advanced charting tools, technical analysis indicators, and the ability to automate trading with Expert Advisors (EAs). The desktop version of MT4 is available for both Windows and Mac operating systems and provides traders with a customizable trading environment. The platform also comes with an integrated news feed and allows traders to place orders quickly and easily. The mobile version of MT4 is available for iOS and Android devices and allows traders to access their accounts and manage their positions from anywhere in the world. The mobile platform also allows one-click trading and features real-time market updates, alerts and push notifications.Deposits & Withdrawals LONG ASIA GROUPoffers traders a variety of deposit and withdrawal options, including Bitcoin, USDT (Tether), bank transfer and local gateway. He the minimum deposit requirement is only $10, making it accessible to traders with smaller accounts. And the the minimum withdrawal amount is $100.LONG ASIA GROUP minimum deposit vs other brokers LONG ASIA GROUPMost OthersMinimum Deposit$10$100 LONG ASIA GROUP does not charge commissions for deposits, which is a welcome feature for traders who want to minimize their trading costs. However, withdrawal fees may vary depending on the payment method used. It is important for merchants to check withdrawal fees before making a withdrawal to avoid surprises. Most deposits can be processed in one day, which means that traders can start trading quickly with no delays. withdrawals, on the other hand, can take up to 3 days to process. This is highly dependent on the payment method used and is a standard delivery time for most brokers.Payment MethodMinimum AmountFeeProcessing TimeDepositWithdrawalDepositWithdrawalDepositWithdrawalBitcoin$10$100NoneNone1 day3 daysUSDT 0.5% or $5Wire Transfer$403-5 daysLocal GatewayNone1 day3 daysCustomer Support NZST 10am – 17pm Contact form Phone: +6082-687 445 Email: support@longasiagroups.com Headquarters: LEVEL 3, 60 COOK STREET, AUCKLAND CENTRAL, AUCKLAND, New Zealand 1010 Social media: Facebook, Twitter, InstagramQ&A Is LONG ASIA GROUP regulated? Yes. It is regulated by FINTRAC. Does LONG ASIA GROUP offer demo accounts? Yes. Does LONG ASIA GROUP offer the industry leading MT4 and MT5? Yes. It offers MT4. What is the minimum deposit for LONG ASIA GROUP? $10. is LONG ASIA GROUP a good broker for beginners? Yes. It is a good choice for beginners because it is well regulated and offers various trading instruments with competitive trading conditions on the leading MT4 platform. Furthermore, it offers demo accounts that allow traders to practice trading without risking any real money.

LONG ASIA broker review

Is LONG ASIA safe or scam

Rating Index

ECN

Minimum Deposit

$100

Standard

Minimum Deposit

$100

How to login to LONG ASIA?

Long Asia Complete Account Guide: Registration, Account Opening, and Login Processes Part One: Account Registration Process How to Register a Long Asia Account Registering for a Long Asia account is the first step to accessing a wide range of trading opportunities. Follow these detailed steps to com

Long Asia Forex Broker - Complete Information Guide

1. Overview of the Broker

　　Long Asia Broker is a financial services provider known for its trading operations in the forex and CFD markets. Established on May 13, 2022, the company is registered under the name Long Asia Group NZ Limited and is headquartered in Auckland, New Zealand. As a private entity, it primarily serves retail clients and institutional investors across various regions, including Asia and beyond.

　　The development of Long Asia has been marked by a series of milestones, starting with its inception in 2022. The company claims to operate under the Long Asia Group umbrella, which includes multiple entities across different jurisdictions, such as Long Asia Liquidity in Indonesia and Long Asia Asset Management in Hong Kong. These affiliations are aimed at enhancing its service offerings and market reach.

　　Long Asia operates primarily in the retail forex trading space, providing clients with access to a wide range of trading instruments, including various currency pairs, commodities, and cryptocurrencies. The firm's business model is focused on delivering competitive trading conditions and leveraging advanced technology to facilitate trading activities for its clients.

2. Regulatory and Compliance Information

　　Long Asia Broker operates in a complex regulatory environment. It claims to be regulated by the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC), with the regulatory number M21245696. However, it is essential to note that the broker is also associated with several offshore entities, raising concerns about its legitimacy.

　　The regulatory licenses held by Long Asia are primarily focused on its operations in Canada, while its New Zealand entity is registered with the Financial Markets Authority (FMA). The firm emphasizes compliance with Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, although the effectiveness of these measures remains a point of contention among users.

　　Client funds are reportedly held in segregated accounts, which is a standard practice intended to protect investors' capital. However, the absence of robust investor protection mechanisms, such as participation in an investor compensation fund, poses a risk for clients. Given the mixed regulatory standing, potential clients are advised to exercise caution when considering Long Asia as a trading partner.

3. Trading Products and Services

　　Long Asia Broker offers a diverse array of trading products catering to various trading preferences. The broker provides access to over 2,100 financial instruments, including more than 55 global currency pairs, commodities such as gold and oil, and cryptocurrencies like Bitcoin and Ethereum.

　　In addition to forex trading, Long Asia offers Contracts for Difference (CFDs) on indices and commodities. However, it does not provide trading options for stocks or futures, which may limit the choices available to some traders. The firm frequently updates its product offerings, although specific details regarding the frequency of these updates are not disclosed.

　　Long Asia's retail trading services are complemented by its provisions for institutional clients, which may include tailored solutions and liquidity services. However, detailed information about white-label solutions or asset management services is not readily available.

4. Trading Platforms and Technology

　　Long Asia Broker supports the widely recognized MetaTrader 4 (MT4) trading platform, known for its user-friendly interface and advanced trading capabilities. The MT4 platform offers a variety of features, including automated trading through Expert Advisors (EAs), advanced charting tools, and real-time market analysis.

　　The broker does not appear to offer a proprietary trading platform, which may limit its technological differentiation in a competitive market. While the MT4 platform is available for both desktop and mobile devices, users should be aware that the MT4 version may not support macOS, which could restrict access for some traders.

　　Long Asia operates on a Straight-Through Processing (STP) model, which is designed to provide clients with direct access to market liquidity. The broker's servers are located in strategic data centers to ensure optimal execution speeds, although specific details about the infrastructure and server locations are not publicly disclosed.

　　API access for automated trading is also supported, allowing traders to implement their strategies seamlessly. However, the lack of detailed information on technology integration may leave some traders wanting more clarity on the broker's capabilities.

5. Account Types and Trading Conditions

　　Long Asia Broker offers several account types tailored to different trading needs. The available account types include:

Cent Account: Minimum deposit of $10, with variable spreads starting from 1.5 pips and no commissions.
Standard Account: Minimum deposit of $100, offering similar spreads and commission structures.
ECN Account: Requires a minimum deposit of $100, with spreads starting from 0.0 pips and a commission of $8 per lot traded.

　　The leverage offered by Long Asia is up to 1:500, which significantly exceeds the legal caps for retail clients in many jurisdictions. While high leverage can amplify potential profits, it also increases the risk of substantial losses. The minimum trading lot size is set at 0.01, allowing for flexible trading strategies.

　　Long Asia does not offer a demo account, which is a common feature among reputable brokers. This absence raises concerns about the broker's commitment to providing a risk-free environment for traders to practice their skills.

6. Fund Management

　　Long Asia Broker supports various deposit methods, including bank transfers, credit/debit cards, and cryptocurrencies. The minimum deposit requirement varies by account type, with the cent account requiring just $10 and other accounts starting at $100.

　　Deposits are generally processed quickly, often within one day, allowing traders to access their funds without significant delays. However, specific details regarding deposit fees are not disclosed, which could lead to unexpected costs for clients.

　　Withdrawals from Long Asia are subject to certain limitations, with a minimum withdrawal amount set at $100. Processing times for withdrawals can take up to three days, depending on the chosen method. Withdrawal fees may vary based on the payment method used, but detailed information on these fees is not readily available.

　　Given the broker's mixed reputation regarding fund withdrawals, potential clients should approach with caution and consider the risks associated with managing their funds with Long Asia.

7. Customer Support and Educational Resources

　　Long Asia Broker provides customer support primarily through email, with limited options for immediate assistance such as live chat or phone support. This may pose challenges for traders seeking prompt resolutions to their inquiries.

　　The customer service operates during standard business hours, which may vary depending on the time zone. The broker does not appear to offer multilingual support, limiting accessibility for non-English speaking clients.

　　In terms of educational resources, Long Asia offers basic materials such as webinars, tutorials, and market analysis. However, the depth and quality of these resources are not explicitly detailed, which may affect the learning experience for novice traders. Tools such as trading calculators and economic calendars are typically expected from brokers but are not specified in the available information.

8. Regional Coverage and Restrictions

　　Long Asia Broker primarily caters to clients in Asia, with a focus on markets in countries such as Malaysia, Germany, and the United States. The broker has established a presence in these regions, but specific details about regional offices are not disclosed.

　　However, it is important to note that Long Asia does not accept clients from certain jurisdictions, particularly those with stricter regulatory frameworks. This includes regions with robust financial market oversight, which may limit the broker's potential client base.

　　In summary, while Long Asia Broker offers a range of trading products and services, potential clients should carefully consider the regulatory environment and the broker's mixed reputation before engaging in trading activities.

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