I’ve been digging into their backend logic, and this isn't innovation—it's regulatory theater. Here’s why this looks like a textbook wrapper company designed for a terminal trap:
The License Facade: They used to cite FSCA (South Africa) and FSPR (New Zealand) registrations, but a quick audit shows these have been revoked or deregistered as of late 2025. In 2026, they are operating under "unverified" status while still flashing fake credentials to lure in new capital.
The Withdrawal Ransom: This is the smoking gun. Multiple reports from January 2026 show users being hit with "tax fees" and "verification charges" just to access their own principal. As a veteran, I can tell you: legit brokers don't ask for a fresh USDT deposit to "unlock" your money—they net their fees from the balance.
Operational Inconsistency: While the MT4 frontend looks slick, the order execution is increasingly inconsistent, and customer support has gone dark for users trying to exit. It reminds me of the FxCapLtd circus—a beautiful UI masking a black hole of liquidity.
I’ve seen this movie before, and the retail guy always dies first when he ignores the "maintenance" excuses. LongAsia has a dismal 2.0/10 safety score for a reason. It’s a fraud suspect in a tuxedo. Stay far away.