Abstract:Established in 2015, Hamen Prime is an online forex broker registered in the United States. With its rapid development, this company has been able to provide services in more than 120 countries around the world. Hamen Prime Limited is currently authorized and regulated by the Australia Securities and Investment Commission (Appointed Representative License), with regulatory license number 001293984.
General Information & Regulation
Established in 2015, Hamen Prime is an online forex broker registered in the United States. With its rapid development, this company has been able to provide services in more than 120 countries around the world. Hamen Prime Limited is currently authorized and regulated by the Australia Securities and Investment Commission (Appointed Representative License), with regulatory license number 001293984.
Market Instruments
Hamen Prime offers popular trading products, including forex currencies, index, metals, commodity, stocks as well as cryptocurrencies.
Minimum Deposit
Hamen Prime offers two types of trading accounts, that is, the standard account and the prime account. However, this broker seems not disclose its minimum initial deposit for these two trading accounts.
Leverage
Trading leverage differs depending on particular instruments. The maximum leverage for forex trading up to 500:1, index trading up to 333:1, leverage for XAGUSD trading up to 100:1, XAUUSD trading up to 500:1, oil trading up to 200:1, maximum available leverage for stock up to 20:1, for cryptocurrency up to 33:1.
Spreads & Commissions
Spreads and commissions vary depending on different trading accounts. For example, the minimum spread on the EUR/USD pair for the standard account is from 1.4 pips, requiring no handling fees. And the Prime account require a commission of $7 per lot with its spreads as low as 0.2 pips on the EUR/USD pair.
Swap Rates
Hamen Prime may charge overnight interests, and the following shows the latest swap rates on the platform.

Trading Platform Available
When it comes to trading platform available, what Hamen Prime provides its traders is not the famous MT4 or MT5 trading platform, it is an App instead, available on Android and IOS devices.
Trading Time
The table below to check the opening and closing time of the product. Please note that the server time and the chart of Hamen Prime are GMT+2 or GMT +3 (daylight saving time).

Deposit & Withdrawal
Each minimum deposit remains unknown. Hamen Prime does not disclose its payment methods supported.
Customer Service
Hamen Prime offers 24/7 customer support and they can be reached through live chat.
The Hamen Prime official website is multilingual, available in English, French, German, Japanese, Spanish, and Chinese.

This is the problem an Indian trader reportedly faced on the Oron Trade platform. The Saint Lucia-based forex broker, despite receiving positive reviews for a low minimum deposit and a 5% monthly withdrawable bonus, continued to be criticized by users for its withdrawal processing. In this Oron Limited review, we have thoroughly investigated user claims and revealed whether this brokerage firm is regulated.

TopFX, a Cyprus-based brokerage entity, continues to face user allegations globally, including those in South Asia. While complaints against the firm are on several issues, the one that is very concerning is the alleged account termination following a withdrawal request by traders upon profit generation on the platform. Traders have even opposed deposit delay and operational glitches concerning leverage. In this TopFX review, we have examined wide-ranging allegations against the broker while also sharing its regulatory framework for an informed decision-making experience.

octa, a Cyprus-based brokerage company, continues to face a common question from traders: when will my withdrawal requests be successfully processed? Maybe not literally, but contextually, it is allegedly the issue many traders have reported on broker review platforms such as WikiFX. Regardless of the trader’s region, be it South Asia, Indonesia, Brazil or any other, most traders have expressed their concerns over the alleged withdrawal delays or denials. In this octa review, we have examined several user allegations concerning withdrawal issues and other problems encountered on the platform.

Withdrawal delays are precisely the complaint we keep receiving on WikIFX, a veteran in the forex regulation inquiry space. While some users receive withdrawal access initially and find rejections on their applications later, some fail to receive a single approval. Some delays usually result from genuine compliance requirements that brokers need to adhere to. However, in many cases, traders have accused the broker of repeated excuses as part of its alleged strategy to deny a seamless fund release. A pending withdrawal cannot be an outright indicator of fraudulent activity. Financial institutions, including forex brokerage entities, need to abide by the anti-money laundering (AML) and Know Your Customer (KYC) regulations. However, as the monitoring process stretches beyond weeks or months, traders become frustrated and raise questions over the broker’s reliability.