A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.
| Factor | Score | Weight |
|---|---|---|
| Regulation & licensing | 68 | 35% |
| Company age | 22 | 15% |
| Clone / impersonation | 0 | 12% |
| Withdrawal & exposure complaints | 0 | 12% |
| Offshore registration | 10 | 8% |
| Transparency (site/info/social) | 25 | 10% |
Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.
| Regulator | License type | License No. | Region | Status |
|---|---|---|---|---|
| FCA | Inst Deriv Trading License (MM) | 186764 | United Kingdom | — |
There aren’t enough independent reviews for ICAP yet to draw firm conclusions. The lack of public feedback is itself a caution sign for a smaller or newer broker.
0ICAP is a forex and CFD broker based in United Kingdom, with records dating to 2019-01-05. It reports oversight from FCA.
FXCanary’s verdict is “Guarded.” There are enough red flags that we’d urge caution before depositing.
Finally, beware of impersonation: we tracked 1 clone website(s) copying ICAP. Always reach the broker through its verified official domain, never via links in ads or messages.
Overview compiled by FXCanary from regulatory records and public data. full ICAP review