Global Broker governance & inquiry App

Score

0123456789
.
0123456789
0123456789
/10

LONG ASIA GROUP

New Zealand|1-2 years|
Suspicious Regulatory License|MT4/5 full license|Regional Brokers|High potential risk|

http://longasiagroups.com/#

Website

Rating Index

MT4/5 Identification

MT4/5 Identification

Full License

2
Server Name
LongAsiaGroup-Live MT4
Server Location Singapore

Contact

http://longasiagroups.com/#
Level 3, 60 Cook Street, Auckland Central, Auckland, 1010, New Zealand

Licenses

No valid regulatory information, please be aware of the risk!

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

Single Core

1G

40G

Open Now

Broker Information

More

Company Name

LONG ASIA GROUP NZ LIMITED

Company Abbreviation

LONG ASIA GROUP

Platform registered country and region

New Zealand

Company website

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

Warning: Low score, please stay away!
Previous Detection : 2024-02-25
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Users who viewed LONG ASIA GROUP also viewed..

XM

9.04
Score
10-15 yearsRegulated in AustraliaMarket Making(MM)MT4/5 full license
Official website

FP Markets

8.87
Score
15-20 yearsRegulated in AustraliaMarket Making(MM)MT4/5 full license
Official website

HFM

8.28
Score
10-15 yearsRegulated in CyprusMarket Making(MM)MT4/5 full license
Official website

MultiBank Group

8.59
Score
10-15 yearsRegulated in AustraliaMarket Making(MM)MT4/5 full license
Official website
Pyramid scheme complaint
Expose

LONG ASIA GROUP · Company Summary

risk warning

Online trading involves significant risk and you may lose all of your invested capital. It is not suitable for all traders or investors. Make sure you understand the risks involved, and keep in mind that the information in this article is for general information purposes only.

General information

LONG ASIA GROUPsummary of the review in 10 points
Founded 2012
Registered country/region New Zealand
Regulation FINTRAC, ASIC
market instruments Forex and CFDs on cryptocurrencies, metals, shares and indices
demo account Available
Leverage 1:500
Diferencial EUR/USD From 0.0 pips
trading platforms MT4
minimum deposit $10
Customer Support Online messaging 24/7

what is LONG ASIA GROUP ?

LONG ASIA GROUPit's a Forex and CFD broker regulated offering a range of business products and services. The broker provides traders with access to a variety of financial instruments, including currency pairs, commodities, stocks, and indices through three types of trading accounts via the MetaTrader 4 (MT4) trading platform.

LONG ASIA GROUP‘ home page

In the following article we will analyze the characteristics of this broker from various aspects, providing you with simple and organized information. If you're interested, read on. At the end of the article we will also make a brief conclusion so that you can understand the features of the broker at a glance.

pros cons

advantages Contras
• Regulation by FINTRAC & ASIC • 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 information
• 24/7 online messaging customer support

LONG ASIA GROUPalternative corridors

    there are many alternative intermediaries for LONG ASIA GROUP depending on the specific needs and preferences of the merchant. some popular options include:

    • forex club - offers the Rumus trading platform and competitive EUR/USD spreads.

    • Eightcap - a reliable broker with competitive spreads and a variety of trading platforms, including MetaTrader 4 and 5.

    • Telecommerce - a well-regulated broker with a range of trading products and a variety of trading platforms, including its proprietary web-based platform and MetaTrader 4.

Ultimately, the best broker for an individual trader will depend on their trading style, preferences, and specific needs.

is LONG ASIA GROUP safe or scam?

LONG ASIA GROUPIt 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) and the Australian Securities and Investments Commission (ASIC, No. 001303060).

FINTRAC license
ASIC license

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 GROUPoffers a variety of market instruments including currencies, cryptocurrencies, metals, stocks, and indices. he foreign exchange is one of the largest and most popular financial markets, and LONG ASIA GROUP offers a wide range of currency pairs, including major, minor and exotic pairs.

besides, LONG ASIA GROUP provides access to cryptocurrency trade, which has gained popularity in recent years. Traders can trade popular cryptocurrencies like Bitcoin, Ethereum, and Litecoin, among others.

Market Instruments

In addition to forex and cryptocurrencies, LONG ASIA GROUP also offers trade in precious metals such as gold and silver, which are often considered safe haven assets due to their ability to retain value in times of economic uncertainty.

besides, LONG ASIA GROUP allows operation in a wide variety of stocks and indices from different markets around the world. This gives traders the opportunity to diversify their portfolios and trade shares of some of the biggest companies in the world, such as Apple, Microsoft and Amazon.

accounts

LONG ASIA GROUPoffers three types of accounts to meet the needs of different traders. he penny count It is designed for beginners and traders who want to trade small amounts. The minimum deposit requirement for this account is only $10.

He standard account it is suitable for traders who want to trade larger amounts and benefit from lower margins. The minimum deposit requirement for this account is $100.

for advanced traders who require more advanced features and direct access to market liquidity, LONG ASIA GROUP offers the ECN account. The minimum deposit requirement for this account is also $100. The ECN account offers tight spreads and fast execution speeds.

LONG ASIA GROUPalso 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.

Accounts

How to open an account?

to open an account with LONG ASIA GROUP , you will need to visit their website and click on the "open an account" button. From there, you will need to select whether you want to open an individual account or a corporate account. You will then be asked to fill in your personal information, including your email, nationality, last name, first name, and mobile phone number.

You will also need to choose the type of trading account you want, such as Cent, Standard, or ECN, and select the leverage and currency you want to use for your account. Finally, you will need to create a password.

How to Open an Account?

once you have completed all the required fields and submitted your application, LONG ASIA GROUP will review your request and respond within a few business days. if your application is approved, you will be able to fund your account and start trading.

Leverage

LONG ASIA GROUPoffers 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 and Commissions

LONG ASIA GROUPoffers different spreads and commissions depending on the type of account. he 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.

Below is a comparative table on the spreads and commissions charged by different brokers:

Hall Diferencial EUR/USD commissions
LONG ASIA GROUP From 0.0 pips $0 (cent/standard), $8 per lot (ECN)
forex club From 0.6 pips $0
Eightcap From 0.0 pips $3.5 per lot
Telecommerce From 1.1 pips $0

Note: The information presented in this table may be subject to change and it is always recommended to check with the official website of the broker for the latest information on spreads and commissions.

trading platforms

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.

MT4

in general, LONG ASIA GROUP offers traders a reliable and easy-to-use trading platform with a variety of tools and features to help them make informed trading decisions.

Check out the trading platform comparison table below:

Hall business platform
LONG ASIA GROUP Meta Trader 4
forex club Formula
Eightcap Meta Trader 4, Meta Trader 5
Telecommerce TeleTrade WebTrader, MetaTrader 4

Deposits and 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 GROUPminimum deposit vs other brokers

LONG ASIA GROUP most others
minimum 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.

financing methods Minimum amount Fee processing time
Deposit Withdrawal Deposit Withdrawal Deposit Withdrawal
Bitcoin $10 $100 None None 1 day 3 days
USDT (anchor) 0.5% or $5
wire transfer $40 3-5 days
Local gateway None 1 day 3 days
Deposits & Withdrawals
Deposits & Withdrawals

Check out the deposit/withdrawal fee comparison table below:

Hall deposit fee withdrawal fee
LONG ASIA GROUP Free Varies (depending on payment method)
forex club Free Free (for most payment methods)
Eightcap Free Free (for most payment methods), $25 (wire transfer)
Telecommerce Free (for most payment methods) Free (for most payment methods), $50 (wire transfer)

Customer service

LONG ASIA GROUPoffers customer service through Online messaging 24/7, allowing merchants to contact a representative whenever they need help.

merchants can follow LONG ASIA GROUP on various social media platforms, including Facebook, Instagram and Youtube. This provides traders with an additional way to keep up with market news and events and interact with other traders.

online messaging
advantages Contras
• 24/7 online messaging support • No phone support
• Presence on social networks • No multilingual support

note: these pros and cons are subjective and may vary depending on the individual's experience with LONG ASIA GROUP Customer Service.

Conclusion

in conclusion, LONG ASIA GROUP is a regulated forex and CFD broker offering a range of commercial products and services. The broker provides traders with access to a variety of financial instruments, including currency pairs, commodities, stocks, and indices. LONG ASIA GROUP offers a range of trading accounts to suit the needs and preferences of different traders, and a demo account is available to practice trading. The broker also offers the popular Metatrader 4 trading platform, which is available for both desktop and mobile.

in general, LONG ASIA GROUP 's transparent pricing information and range of features make it a solid choice for traders looking for a reliable and easy-to-use broker.

Frequently Asked Questions (FAQs)

P 1: is LONG ASIA GROUP regulated?
and 1: Yes. It is regulated by FINTRAC and ASIC.
P 2: does LONG ASIA GROUP offer demo accounts?
And 2: Yeah.
P 3: does LONG ASIA GROUP offer the industry leading mt4 and mt5?
And 3: Yes. It is compatible with MT4.
Question 4: what is the minimum deposit for LONG ASIA GROUP ?
And 4: The minimum initial deposit to open an account is $10.
Question 5: is LONG ASIA GROUP a good runner for beginners?
And 5: 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.

News

WikiFX Reviews Long Asia Group in Depth

NewsWikiFX Reviews Long Asia Group in Depth

2023-10-06 17:29

In this article, we'll look in-depth at Long Asia Group, examining its key features, fees, safety measures, deposit and withdrawal options, trading platform, and customer service.

WikiFX
2023-10-06 17:29
News
WikiFX Reviews Long Asia Group in Depth

User Reviews

Sort by content

  • Sort by content
  • Sort by time

User comment

4

Comments

Write a review

Anastasia Beauchamp
more than one year
Alrighty, lend me your ears, here's my take on LONG ASIA GROUP. The platform is no trouble at all, and the beginner's resources? Real sweet deal! They've got a neat spread of account types, a good fit for beginners and old hands alike. And the spreads and fees? Spot on, you wouldn't feel fleeced. But the customer service, well, it's swings and roundabouts - some days it's all hunky-dory, other times it's as slow as a snail on sedatives. And the line-up of trading instruments? Quite spartan. If you're an old salt looking for an assortment, you might feel a bit let down with LONG ASIA GROUP.
2023-12-01 11:32
Reply
0
0
Curiosity
more than one year
As a beginner, I appreciate Long Asia Group's low minimum deposit requirement of $10, which made it accessible for me. The MetaTrader 4 platform is user-friendly, and the demo account allowed me to gain confidence before live trading. However, I've noticed withdrawal fees vary, so it's essential to check before making transactions. The 1:500 leverage is both an advantage and a risk, so I'm cautious in using it. Overall, a decent option for those starting in online trading.
2023-11-30 16:58
Reply
0
0
__ I am God
more than one year
LONG ASIA GROUP seems to be a good company, but it has been established for less than a year. I tend to choose those that have been established for a long time. After all, there are many companies that fail soon after they are established.
2023-03-03 11:45
Reply
0
0
L.E.M.
more than one year
LONG ASIA GROUP seems to be a good company, but it has been established for less than a year. I tend to choose those that have been established for a long time. After all, there are many companies that fail soon after they are established.
2023-03-01 12:27
Reply
0
0
1
TOP
Select Country/District
United States
※ The content of this website abides with local laws and regulations.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;+44-7517747077
License or other information error corrections, please send the information to:qawikifx@gmail.com
Cooperation:fxeyevip@gmail.com