Reported as a scam / unregulated
Why LONG ASIA is on the register
During our initial investigation, Long Asia claimed to be regulated by the South African Financial Sector Conduct Authority (FSCA). Based on the license number they provided, we verified that the FSCA register listed the entity as LONG ASIA GROUP NZ (PTY) LTD, as shown in the attached image. However, we have since discovered that the licensed entity on the FSCA register has changed. Additionally, Long Asia has removed this regulatory information from its official website. This raises concerns that the authorization may have been withdrawn or revoked. Long Asia previously also claimed to be registered with New Zealand’s Financial Service Providers (FSP) Register. Upon verification, we found that the entity is now listed as deregistered. As a result, Long Asia currently appears to hold no valid regulatory licenses. This poses a significant risk.
If you have money with this broker
- Stop sending funds. Do not pay any further “fees”, “taxes” or “verification” charges to release a withdrawal — this is a common secondary scam.
- Preserve evidence. Save transaction IDs, wallet addresses, chat logs, and every screenshot before the account is closed.
- Report it. Notify your bank/exchange and your national financial regulator so the activity is on record.
- Get guidance. Tell us what happened and we will point you toward the right next step. We are a free public registry — we never charge any fees.
SentFunds is an information and referral service. Listing reflects reported concerns and public findings; it is not a legal determination.