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1v1 Institutional Counterparty Comparison

Bullwaves vs MAPS IG: Regulation, 6D Ratings & Safety Audit

Deterministic head-to-head benchmarking of Bullwaves (Equitex Capital Limited) and MAPS IG (MAPS IG) across primary regulatory filings, statutory Tier-1 authorisations, 6-Dimension compliance scores, execution software, and warning exposure.

Coverage: Selected international company and brokerage records: offshore jurisdictions

DETERMINISTIC QUANTITATIVE VERDICTCanonical Pair: bullwaves-vs-maps-ig

Bullwaves outranks MAPS IG by +4.0 pts in composite 6D scoring (5.0 vs 1.0)

On supervisory breadth, Bullwaves holds 1 active regulated licence(s) (0 Tier-1) out of 1 total filings and 0 warning count(s), whereas MAPS IG holds 0 active regulated licence(s) (0 Tier-1) out of 0 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 DimensionMethodology WeightBullwavesMAPS IGScore DeltaDimension Leader
Overall Composite 6D Score100% Composite5.01.0+4.0Bullwaves
Regulatory & Licensing Integrity (riskScore)30% Weight5.01.0+4.0Bullwaves
Execution & Software Infrastructure (industryScore)20% Weight3.01.0+2.0Bullwaves
User Reputation & Complaint Telemetry (userScore)20% Weight0.00.00.0Statistical Tie
Institutional Brand Longevity (brandScore)15% Weight5.01.0+4.0Bullwaves
Global Market Influence & Footprint (influenceScore)15% Weight5.01.0+4.0Bullwaves

Visual Architecture Benchmark: Bullwaves vs MAPS IG

Vector comparison exhibit generated from live supervisory snapshot metrics.

1v1 Institutional Counterparty Benchmark: Bullwaves vs MAPS IG
Exhibit: Side-by-side regulatory and 6D quantitative comparison between Bullwaves and MAPS IG.

Regulatory Standing, Entity & Platform Comparison

Structural comparison of supervisory authorisations, domicile, execution terminals, and risk telemetry.

Audit AttributeBullwavesMAPS IG
Primary Legal NameEquitex Capital LimitedMAPS IG
Source Risk ClassificationRisk level not suppliedRisk level not supplied
Active Regulated / Total Filings1 regulated / 1 total (0 Tier-1)0 regulated / 0 total (0 Tier-1)
Recorded Certificate NumbersNone on file
Registered Domicile / AddressCT House, Office No. 9A, Providence, Mahé, SeychellesSC
Offered Asset Classes & ServicesForexForex
Execution Software & TerminalsMT5Proprietary / Web Platform
Supported Client LanguagesEnglishEnglish
Warning / Exposure Count0 recorded warning(s)0 recorded warning(s)
Specialized Sub-Page Audits

Compare Bullwaves and MAPS IG against other regulated peers in our selected international company and brokerage records: offshore jurisdictions slice.

Frequently Asked Questions: Bullwaves vs MAPS IG

Deterministic counterparty comparison answers derived from supervisory records.

Which institution has stronger regulatory oversight: Bullwaves or MAPS IG?

Bullwaves holds more active regulated filings (1 vs 0). Specifically, Bullwaves maintains 1 total recorded filing(s) (Financial Services Authority Seychelles) with 0 warning flag(s), whereas MAPS IG maintains 0 recorded filing(s) (none on file) 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 Bullwaves and MAPS IG?

In Offshore Firm Ledger's 6-Dimension scoring matrix (0.0–10.0 scale), Bullwaves records an Overall Score of 5.0 (Risk & Licensing: 5.0, Brand: 5.0, Market Influence: 5.0, User Reputation: 0.0, Execution & Software: 3.0), compared with MAPS IG at 1.0 Overall (Risk & Licensing: 1.0, Brand: 1.0, Market Influence: 1.0, User Reputation: 0.0, Execution & Software: 1.0).

How do Bullwaves and MAPS IG differ in trading platforms and asset classes?

Bullwaves lists Forex with execution software [MT5], while MAPS IG lists Forex 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: Bullwaves or MAPS IG?

Bullwaves carries a "Risk level not supplied" classification with 0 warning/exposure count(s) and 0 user comment(s), while MAPS IG 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.

Bullwaves vs MAPS IG (2026) — Regulation, 6D Score, Safety & Fee Comparison | Offshore Firm Ledger