QCP Trading is the Singapore payment-services company behind QCP’s institutional spot and stablecoin dealing. Its voice and API routes combine a bilateral execution relationship with agreed delivery arrangements. The most consequential distinction is between a completed principal trade and customer assets still held pending settlement: the latter are subject to QCP’s published safeguarding terms.[1][2][3]
Service at a glance
Markets & services
Sections ↑Two execution routes
Who the spot desk serves
A quote-based dealer relationship makes the agreed price, trade confirmation and delivery obligation the useful comparison points. An API connection supplies an execution channel; it does not create a public order book or eliminate exposure between agreement and settlement.[1][4]
Spot and group products
Fees & commercial terms
Sections ↑What determines the transaction bill
Prices and execution claims
Deposits, withdrawals & settlement
Sections ↑Funding and delivery workflow
| Item | Published terms |
|---|---|
| Fiat and crypto | Arranged through the approved counterparty relationshipSource 1Source 5 |
| FX pairings | On/off-ramp feature; complete public currency list absentSource 1Source 5 |
| Wallet destinations | Existing clients submit new addresses for allowlistingSource 1Source 5 |
Timing and records
| Item | Published terms |
|---|---|
| Trade acceptance | Creates the bilateral obligation under the applicable agreementSource 4Source 3 |
| Settlement | Separate cash/token delivery stepSource 4Source 3 |
| Monthly statements | Disclosure provides for balances, transactions and account charges where applicableSource 4Source 3 |
Custody & asset handling
Sections ↑Published safeguarding design
Where protection is limited
Rights attached to held assets
The safeguarding page is headed for QCP Trading but still uses QCP Capital in its introductory definition. Its operational safeguarding clauses name QCP Trading. The actual signed counterparty agreement is therefore important when determining which document and legal entity govern a particular balance.[3][4]
Client eligibility & restrictions
Sections ↑Individual application documents
Institutional application documents
| Item | Published terms |
|---|---|
| Company | Incorporation certificate and constitutional documentsSource 5 |
| Ownership | Directors’ and shareholders’ registersSource 5 |
| Banking | Corporate bank statementSource 5 |
| Authority | Identification/address evidence and authorised-trader board resolutionSource 5 |
Application versus acceptance
| Item | Published terms |
|---|---|
| Application forms | Both individual and institution routes are publicSource 5Source 4 |
| Trading status | Approval is required before a counterparty relationship existsSource 5Source 4 |
| Country restrictions | The 2024 website terms are historical; they are not a complete current access matrixSource 5Source 4 |
Support & contacts
Sections ↑Contact and operational access
Formal complaint targets
Authorisations & registrations
Sections ↑MAS entry inspected
Permission boundary
| Item | Published terms |
|---|---|
| DPT trading | Covered service category in the MAS recordSource 2Source 5 |
| Group derivatives | Current warning explicitly excludes unregulated DPT derivativesSource 2Source 5 |
| Recovery | Licence does not guarantee recovery if the provider or a third party failsSource 2Source 5 |
Operator & entity scope
Sections ↑Which document answers which question
| Item | Published terms |
|---|---|
| MAS directory | Current entity, activities and registered contactSource 2Source 3Source 4 |
| June 18, 2026 disclosure | Customer-asset safeguards and complaint processSource 2Source 3Source 4 |
| February 19, 2024 website terms | Historical principal-trading description; contains superseded licence wordingSource 2Source 3Source 4 |
- Operator
- QCP Trading Pte. Ltd.
- Exchange model
- Centralised
- Service scope
- Bilateral spot and stablecoin execution for approved counterparties through encrypted voice/chat and API workflows. QCP group derivatives and structured solutions have separate contractual and regulatory scope.
- Client types
- Professional clients; Institutional clients
- Pricing publication
- Quote only
- Other names
- QCP Trading; QCP Group
- Headquarters
- Singapore
- Covered jurisdictions
- Singapore
- Pricing scope
- No universal public OTC tariff. The agreed bid/offer and contractual safeguarding, transfer or other charges determine cost.
- Funding scope
- Fiat/crypto on- and off-ramp with varied FX pairings; same-day settlement is an advertised capability. Wallet allowlisting is available to existing customers. Actual delivery conditions are set in the trading agreement.
- Custody and asset handling
- The June 2026 disclosure describes pooled trust accounts, possible third-party safeguarding and temporary assets outside the trust. It also provides for set-off and sale rights; no general compensation fund or insurance is promised.
- Client eligibility
- Approved counterparties following onboarding. QCP publishes separate individual and institutional applications; institutional positioning does not mean the individual route is absent. A complete current country/product matrix is not public.
- Support
- Company-advertised 24/7/365 trading support; formal complaints use the published complaints route and disclosure timetable.
- Authorisation and registration scope
- MAS financial institutions directory lists QCP TRADING PTE. LTD. as a Major Payment Institution for digital payment token and cross-border money-transfer services. This does not license all QCP-group activities.
Exchange metadata checked 27 Oct 2026Source 1Source 2Source 3Source 4Source 5
Covered contracting entities
QCP Trading Pte. Ltd.
- Jurisdiction
- Singapore
- Covered services
- MAS Major Payment Institution for Digital Payment Token and Cross-border Money Transfer Services.
- Client and location scope
- Approved counterparties; customer/product and geographic acceptance remain subject to onboarding.
Sources & further reading
- Spot OTC and institutional execution routes QCP · Accessed 27 Oct 2026
- QCP Trading Pte Ltd financial institution status Monetary Authority of Singapore · Accessed 27 Oct 2026
- DPT risk and safeguarding disclosures, updated June 2026 QCP · Accessed 27 Oct 2026
- Trading access and current MAS DPT risk warning QCP · Accessed 27 Oct 2026
This profile reports dated public information, including exchange-published services and terms. It does not independently test or guarantee trading, custody, pricing or withdrawals. Inclusion is not an endorsement. Permissions and protections apply only to the named legal entity, service and client category; check the current official records and your contract.