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LongAsia Review: Disastrous Forex Scam from freeamfva's blog

LongAsia is another dubious CFDs, Cryptocurrency, and Forex online trading scam targeting investors from the Asia region. Long Asia is professing to be regulated by the Indonesian Commodity and Derivatives Exchange. As our review has determined, this platform is not to be trusted. Hundreds of members are up in arms with the platform for not releasing funds. Read this genuine and honest LONGASIA Review and get the whole truth.To get more news about iqcent, you can visit wikifx.com official website.

Claims of the platform being a scam started a few months ago when members sent withdrawal requests. Hang Ming reached out to the help desk to try and find out why the platform was behaving this way. After sending a few emails, she was shocked to get a reply saying that her bank was refusing to deposit the money. These scam artists are using the narrative that the banks are refusing to accept their system. With this statement, Ming has never heard from this platform and has since given up.

LongAsia is clearly having a bad reputation online with scathing reviews about it. Most members are unhappy with the withdrawal mostly and other issues. Other problems we noticed with the platform lacks adequate information regarding their features. You would expect the platform to have details regarding leverage and spreads. Long Asia doesn’t have any meaningful information on their platform.
LongAsia Group is the company which claims to be the owner of this ridiculous platform. Through its subsidiaries, LongAsia Group offers services which include Foreign exchange transactions and asset management. Other services listed on their about us page include liquidity settlement, futures, and securities. They claim to be recognized by the Hong Kong Monetary Authority. Scam artists will try and align their products with official institutions to throw off unsuspecting investors.

These scam artists are using the name of a legit company named Long Asia Group. The scam artists have been using the name for quite some time. A look at the domain register whois.net reveals their whole timeline. , LongAsia is a platform which was created late 2019.
LongAsia is NOT LICENSED OR REGULATED by any official regulatory in the industry. A look at the company register in Hong Kong does not show any company with this domain name. Once you look at the company register, you will see the legit company Long Asia Group existence. To be safe when trading online, you need to use experienced and trustworthy brokers with a strong solid reputation. Using unproven platforms will lead to you losing your entire funds. It is best to stay away from anonymous and unlicensed platforms as they don’t insure deposits made by members.

Disclaimer at the footer of their homepage shows that the platform has a clearing license. The license number is a complete copy of the original Long Asia Group license number. These scam artists have cloned that website and using the logo and information as their own. There are major differences with the two platforms as our ideal investigation revealed. Stay away from this illicit platform and use genuine and reliable Forex trading tools. You can choose to use recommended and top rated Forex trading robots as a substitute for brokers.
LongAsia is furnishing users with two account types, ECN and Standard accounts. The problem with these accounts is that they fail to give any meaningful information regarding the account types. These accounts don’t have information regarding minimum acceptable deposit or features. Once you open an account, you never know who is in control. It seems users are giving trading and funds in the hands of this broker. The bad news is that these are online scam artists who don’t have a clue about trading.

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