- Trading
- Instrument Specifications
- Continuous CFDs on Commodities
- Copper Investing
COPPER - Continuous CFDs on Copper
Trading Conditions on Copper CFD - #C-COPPER
| Options | Standard-Fixed & Floating | Beginner-Fixed & Floating | Demo-Fixed & Floating |
|---|---|---|---|
| Fixed spread, pip | 50 | 50 | 50 |
| Floating Spread, pip | 50 | 50 | 50 |
| Order distance, pip | 100 | 100 | 100 |
| Swap (Long/Short) | -51.26 / -32.22 USD per 30000 pounds | -51.26 / -32.22 USD per 30000 pounds | -51.26 / -32.22 USD per 30000 pounds |
| Digits | 0.0001 | 0.0001 | 0.0001 |
|
Available volumes | >=3000.00 pounds | 300.00 – 30000.00 pounds | >=300.00 pounds |
| Contract size | 1 pounds | 1 pounds | 1 pounds |
|
1 pip value per 100 pounds | 0.01 USD | 0.01 USD | 0.01 USD |
| Options | Standard-Fixed | Micro-Fixed | Demo-Fixed | PAMM-Fixed |
|---|---|---|---|---|
| Fixed spread, pip | 50 | 50 | 50 | 100 |
| Order distance, pip | 100 | 100 | 100 | 100 |
| Swap (Long/Short) | -51.26 / -32.22 USD per 1 lot | -51.26 / -32.22 USD per 1 lot | -51.26 / -32.22 USD per 1 lot | -51.26 / -32.22 USD per 1 lot |
| Digits | 0.0001 | 0.0001 | 0.0001 | 0.0001 |
|
Available volumes | 0.1 – 10000 lot | 0.01 – 1 lot | 0.01 – 10000 lot | 0.01 – 10000 lot |
| Lot size | 30000 pounds | 30000 pounds | 30000 pounds | 30000 pounds |
|
1 pip value per 1 lot | 3 USD | 3 USD | 3 USD | 3 USD |
| Options | Standard-Floating | Micro-Floating | Demo-Floating | PAMM-Floating |
|---|---|---|---|---|
| Floating Spread, pip | 50 | 50 | 50 | 100 |
| Order distance, pip | 100 | 100 | 100 | 100 |
| Swap (Long/Short) | -51.26 / -32.22 USD per 1 lot | -51.26 / -32.22 USD per 1 lot | -51.26 / -32.22 USD per 1 lot | -51.26 / -32.22 USD per 1 lot |
| Digits | 0.0001 | 0.0001 | 0.0001 | 0.0001 |
|
Available volumes | 0.1 – 10000 lot | 0.01 – 1 lot | 0.01 – 10000 lot | 0.01 – 10000 lot |
| Lot size | 30000 pounds | 30000 pounds | 30000 pounds | 30000 pounds |
|
1 pip value per 1 lot | 3 USD | 3 USD | 3 USD | 3 USD |
#C-COPPER - Copper Trading Hours
COPPER trading hours are the time when investors can buy and sell COPPER. The COPPER is traded on multiple exchanges around the world. This means that investors have many different opportunities to trade COPPER during different trading hours. Depending on where you live, you may be able to trade COPPER at any time throughout the day or night. For those who want to take advantage of these opportunities, it is important to know when COPPER trading hours begin and end.
Copper Futures
Copper is often referred to as "Dr. Copper" because it has a unique ability to gauge the overall health of the global economy. It's a versatile metal used extensively in construction, electrical wiring, transportation, and manufacturing. This means that copper demand is closely tied to economic activity.
Copper trading can be a profitable investment, but it is important to remember that it is a risky investment. The price of copper can fluctuate significantly, and there is no guarantee that you will make money. If you are considering trading copper, it is important to consider:
Factors Influencing Copper Prices
- The global economy: Copper is a cyclical commodity, meaning its price tends to move in line with the global economy. Copper prices are highly sensitive to economic indicators like GDP growth, manufacturing data, and construction activity. Strong economic performance tends to drive up demand for copper, boosting prices.
- Supply and demand: The supply and demand of copper also affects its price. When there is a shortage of copper, the price goes up. When there is an abundance of copper, the price goes down.
- Political factors: Political factors can also affect the price of copper. For example, if there is a political instability in a major copper-producing country, it could lead to a disruption in supply and drive up the price.
- Speculative Trading: Speculators in the futures market can influence short-term price movements. Traders often use technical analysis and chart patterns to make short-term bets on copper's price direction.
