Copper / Copper - Trading Details

Product Description

Copper is a popular used metal, primarily used in highly cyclical industries such as construction and industrial machinery manufacturing. Chile accounts for over one third of the worlds copper production. In contrast with the precious metals, copper is a lower-priced metal. The price of copper could be affected by: US Dollar, Crude Oil prices (copper refining is an energy-intensive process), Geopolitics, Extraction Costs, Chinese demand and weather.


PARAMETERS Trading Specifications per Account Type
PREMIUM ZERO PRO
Spreads as low as 0.008 0.008 0.008
Size of 1 lot 25,000 Lbs 25,000 Lbs 25,000 Lbs
Minimum Contract size, lots 0.01 0.01 0.01
Maximum Contract size, lots 60 60 60
Tick value per 1 lot 12,50 USD 12,50 USD 12,50 USD
Volume limitation n/a n/a n/a
Margin requirement 1500 USD 1500 USD 1500 USD
Minimum Price Increment 0.0005 0.0005 0.0005
Limit and Stop Levels 30.0 30.0 30.0
Negative balance protection Yes Yes Yes
Swap free days allowance 0 0 0