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The Australian Securities and Investments Commission (ASIC) is an independent Australian government body that acts as Australia's corporate regulator, which was established on 1 July 1998 following recommendations from the Wallis Inquiry. ASIC's role is to enforce and regulate company and financial services laws to protect Australian consumers, investors and creditors. ASIC's authority and scope were determined by the Australian Securities and Investments Commission Act, 2001.
License Type:Appointed Representative(AR)
Regulated in Country/AreaAustralia
Regulatory License No.：001293984
Email Address of Licensed Institution :firstname.lastname@example.org
License Type:No Sharing
Website of Licensed Institution :
Expiry Date :--
Address of Licensed Institution :184 739 Sydney Rd Brunswick VIC 3056
Phone Number of Licensed Institution :1300 669 605
You can check the real-time processing progress in 'User Center-My Release-Ponzi Scheme'
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.
Hamen Prime offers popular trading products, including forex currencies, index, metals, commodity, stocks as well as cryptocurrencies.
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.
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.
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.
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.
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.
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Given the complexity of forex industry, some brokers are issued legal licenses by cheating regulation institutes. If the data published by WikiFX are not in accordance with the fact, please click 'Complaints 'and 'Correction' to inform us. We will check immediately and release the results.
Foreign exchange, precious metals and over-the-counter (OTC) contracts are leveraged products, which have high risks and may lead to losses of your investment principal. Please invest rationally.
Special Note, the content of the Wikifx site is for information purposes only and should not be construed as investment advice. The Forex broker is chosen by the client. The client understands and takes into account all risks arising with Forex trading is not relevant with WikiFX, the client should bear full responsibility for their consequences.