1v1 Institutional Counterparty Comparison
Forex vs ICAP: Regulation, 6D Ratings & Safety Audit
Deterministic head-to-head benchmarking of Forex (GAIN Global Markets, Inc.) and ICAP (TP ICAP group) across primary regulatory filings, statutory Tier-1 authorisations, 6-Dimension compliance scores, execution software, and warning exposure.
Coverage: Firms with licence warnings, enforcement flags or complaints
Forex outranks ICAP by +6.3 pts in composite 6D scoring (9.3 vs 3.0)
On supervisory breadth, Forex holds 5 active regulated licence(s) (0 Tier-1) out of 5 total filings and 1 warning count(s), whereas ICAP holds 2 active regulated licence(s) (0 Tier-1) out of 4 total filings and 0 warning count(s). Allocators should inspect the individual licence numbers and contracting legal entities below before onboarding.
6-Dimension Quantitative Scorecard Comparison
Head-to-head breakdown across all 6 proprietary evaluation dimensions (0.0–10.0 scale).
| Evaluation Dimension | Methodology Weight | Forex | ICAP | Score Delta | Dimension Leader |
|---|---|---|---|---|---|
| Overall Composite 6D Score | 100% Composite | 9.3 | 3.0 | +6.3 | Forex |
| Regulatory & Licensing Integrity (riskScore) | 30% Weight | 9.3 | 3.0 | +6.3 | Forex |
| Execution & Software Infrastructure (industryScore) | 20% Weight | 6.0 | 2.0 | +4.0 | Forex |
| User Reputation & Complaint Telemetry (userScore) | 20% Weight | 0.0 | 0.0 | 0.0 | Statistical Tie |
| Institutional Brand Longevity (brandScore) | 15% Weight | 9.3 | 3.0 | +6.3 | Forex |
| Global Market Influence & Footprint (influenceScore) | 15% Weight | 9.3 | 3.0 | +6.3 | Forex |
Visual Architecture Benchmark: Forex vs ICAP
Vector comparison exhibit generated from live supervisory snapshot metrics.
Regulatory Standing, Entity & Platform Comparison
Structural comparison of supervisory authorisations, domicile, execution terminals, and risk telemetry.
| Audit Attribute | Forex | ICAP |
|---|---|---|
| Primary Legal Name | GAIN Global Markets, Inc. | TP ICAP group |
| Source Risk Classification | Risk level not supplied | Risk level not supplied |
| Active Regulated / Total Filings | 5 regulated / 5 total (0 Tier-1) | 2 regulated / 4 total (0 Tier-1) |
| Recorded Certificate Numbers | ||
| Registered Domicile / Address | 30 Independence Blvd, Suite 300 (3rd floor), Warren, NJ 07059, | TP ICAP Group plc 135 Bishopsgate London United Kingdom EC2M 3TP |
| Offered Asset Classes & Services | Foreign exchange, stocks, crude oil, gold, silver, stock index, etc. | interest rates, stocks, FX, money markets, fixed income, local markets, credit, commodities |
| Execution Software & Terminals | GOOD, MT4, MT5 | Proprietary / Web Platform |
| Supported Client Languages | Chinese (Simplified), English | English |
| Warning / Exposure Count | 1 recorded warning(s) | 0 recorded warning(s) |
| Specialized Sub-Page Audits |
Related 1v1 Institutional Comparisons
Compare Forex and ICAP against other regulated peers in our firms with licence warnings, enforcement flags or complaints slice.
Frequently Asked Questions: Forex vs ICAP
Deterministic counterparty comparison answers derived from supervisory records.
Which institution has stronger regulatory oversight: Forex or ICAP?
Forex holds more active regulated filings (5 vs 2). Specifically, Forex maintains 5 total recorded filing(s) (Financial Conduct Authority, FSA, ASIC, MAS) with 1 warning flag(s), whereas ICAP maintains 4 recorded filing(s) (Financial Conduct Authority, MAS, ASIC, CFTC) with 0 warning flag(s). Always confirm the specific subsidiary onboarding your account on the official regulator register.
How do the 6D quantitative compliance scores compare between Forex and ICAP?
In RegTech Codex's 6-Dimension scoring matrix (0.0–10.0 scale), Forex records an Overall Score of 9.3 (Risk & Licensing: 9.3, Brand: 9.3, Market Influence: 9.3, User Reputation: 0.0, Execution & Software: 6.0), compared with ICAP at 3.0 Overall (Risk & Licensing: 3.0, Brand: 3.0, Market Influence: 3.0, User Reputation: 0.0, Execution & Software: 2.0).
How do Forex and ICAP differ in trading platforms and asset classes?
Forex lists Foreign exchange, stocks, crude oil, gold, silver, stock index, etc. with execution software [GOOD, MT4, MT5], while ICAP lists interest rates, stocks, FX, money markets, fixed income, local markets, credit, commodities with execution software [proprietary/web execution]. Counterparties should verify FIX/API connectivity, server routing topology, and negative balance protection per entity.
Which counterparty carries lower regulatory warning and complaint exposure: Forex or ICAP?
Forex carries a "Risk level not supplied" classification with 1 warning/exposure count(s) and 0 user comment(s), while ICAP carries a "Risk level not supplied" classification with 0 warning/exposure count(s) and 0 user comment(s).
Structured against supervisory register snapshots and public regulatory filings. Verify your contracting legal entity and current authorisation status directly on the issuing regulator’s official register before transacting.