Long Asia Group NZ Limited Review | 2025 Risk Exposure: Fake New Zealand Identities, No Regulation, and User Victims

1. Brand Background and Investigation

• Declared company name : Long Asia Group NZ Limited

• Registered address : Claims to be located in Auckland, New Zealand, but no valid company registration is available.

• Domain name information : Registered in 2023, using privacy protection service, owner information is not disclosed.

• Promotional method : Through Facebook ads, WhatsApp groups and agents, the scam promised "low-cost forex trading and fast withdrawals."

📌Conclusion : The company’s background is vague and there is a lack of evidence of its existence.

II. Supervision and Compliance Verification

📌Conclusion : Long Asia Group NZ Limited does not have any regulatory licenses , and its "New Zealand identity" is purely fictitious.

3. Personal experience in September 2025

1. Account opening : Only email registration is required, no KYC required, which is extremely non-compliant.

2. Deposit : Test deposit of 100 USDT, which is credited to your account quickly.

3. trade :

• The EUR/USD spread is as high as 10 points, far exceeding the industry average.

• Profitable orders were tampered with by the system many times, and pending orders disappeared directly.

• The platform runs unstably and frequently disconnects.

4. Withdrawal : When withdrawing 50 USDT, customer service requested an additional 300 USDT "liquidation margin." After the request was rejected, the account was frozen.

📌Conclusion : A typical scam platform model, deposits are smooth but withdrawals are hopeless.

4. Real Cases of User Victims

Case 1 — Zhang Wei (China)

• Deposit amount: 3,500 USDT

• When withdrawing cash, I was asked to pay "taxes and fees" first, but the money still did not arrive after payment.

• Loss: 3,500 USDT

Case 2 — Michael R. (Australia)

• Deposit amount: $5,000

• The platform promised that "the tutor can earn 20% in a single month", but the account was liquidated and the withdrawal was rejected.

• Loss: $5,000

Case 3 — Nguyen H. (Vietnam)

• Deposit amount: $1,200

• The withdrawal was delayed for 2 weeks, and the customer service staff used the excuse of "system upgrade" to prevaricate and eventually froze the account.

• Loss: $1,200

📌Commonalities : Withdrawals are blocked, additional fees are charged, and accounts are frozen, with users generally losing thousands of dollars.

5. Long Asia Group’s Scam Methods

1. Fictitious New Zealand registered identity : Impersonating the company "NZ Limited", but in fact there is no registration.

2. High-yield inducement : Agents promise monthly returns of 15–20%.

3. Backstage transaction manipulation : spreads are abnormally high, and profitable orders are tampered with or cancelled.

4. Withdrawal barriers : Blocking withdrawal of funds on the grounds of "margin" or "taxes".

5. Account freeze : The account will be frozen directly after the user refuses to continue to deposit funds.

6. Media and Industry Exposure

• WikiFX : Receives numerous complaints about Long Asia Group NZ Limited, with an extremely low risk rating.

• FX110 : It is included in the “unregulated high-risk platform list”.

• TraderKnows : Labeled it as a "copycat company", investors are warned to beware of being deceived.

📌Industry consensus : This is a typical unregulated fake platform and should be considered high-risk.

VII. Compliance Comparison

📌Conclusion : Long Asia Group has absolutely no legitimacy compared to compliant platforms.

8. Multi-dimensional risk scoring

IX. Conclusion

Long Asia Group NZ Limited is a New Zealand company, but:

• No regulatory filings ;

• False advertising and backstage manipulation ;

• User funds are generally unable to be withdrawn ;

• Victim cases are spread across China, Australia, Vietnam and other places .

⚠️ BrokerHiveX Conclusion : Long Asia Group NZ Limited is a typical unregulated black platform . Investors must stay away from it.