with no commissions or financing charges.
Trade Copper on ThinkForex’s world class infrastructure, and place trades on the same grid as all major banks and liquidity providers. Experience exceptionally fast execution, on the most ideal trading infrastructure in the market today! ThinkForex offers Copper CFD trading with no commissions or financing charges and the option of choosing leverage up to 100:1.
Copper is a vital industrial metal that varies in supply in demand, leading to volatile pricing changes and increased opportunities to trade in both buy and sell directions. Get started and open a live account with ThinkForex today!
Copper Trading Benefits
- Zero commission trading on Copper
- Trade with up to 100:1 leverage
- Trade side by side with Forex CFDs
- Go long and short in the same account
- Trade global metal demand
- Volatile pricing with increased opportunities
Copper Margin and Specifications
|Margin Calculation||(product price x volume x units per contract / leverage)|
Example: $3.3000 x 1 x 2500 / 100 = $82.50
Leverage is 100:1 in this example
Copper moves in 0.0005 increments with a increment value of $1.25 per contract. The P&L of a Copper trade can be calculated by multiplying tick value, number of contracts, and market movement (Closing Price - Open Price x 2000)
In this example, the position 1 contract was closed at 3.3500.from a 3.3430 open. Market movement = (3.3500 – 3.3430) X 2000 = 14 pips P&L Calculation 1.25 x 1 x 14 = $17.50
|Contract Size||2500 oz|
|Increment Value per Contract||$1.25|
|Trading Hours (GMT)||01:00 - 00:15 (Fri close 00:00|