Copper holds a significant place in the commodities market as an industrial metal.
The largest copper producer in the world is Chile, followed by Australia.
Therefore, developments such as natural disasters or economic activity in these countries can have a direct impact on copper prices. Investors should closely monitor such developments as well as changes in industrial demand.
In addition, large price movements in copper often influence the Australian Dollar (AUD), given Australia’s major role in global copper production.
Beyond speculative investments, copper is widely used for hedging purposes by industries due to its importance in manufacturing.
Commodity investors—especially those trading in gold and silver—often include copper in their portfolios as an alternative investment.
Copper trading can be carried out as futures contracts through organized exchanges such as COMEX, or as leveraged transactions on the over-the-counter Forex market, 24 hours a day, 5 days a week.
QNB Invest provides access to both COMEX copper trading and Forex copper transactions.
How to Trade Copper with QNB Invest
With your QNB Invest account, you can earn potential profits from copper price movements—whether prices rise or fall.
Copper contracts are traded with two-month maturities.
To view the expiry dates and contract details, click the button below:
A 1-lot copper contract opened with 1:10 leverage represents 10,000 pounds (approximately 4.5 tons) of copper.
For example, if you buy 1 lot of copper at 2.560, the position size would be 25,600 USD.
With a 1:10 leverage ratio, you would need a margin of 2,560 USD to open this position.
In Forex markets, copper is traded under the symbol COPPER.
For detailed transaction examples, click below:
Live Copper Prices
At QNB Invest, you can both monitor live copper prices and test trades using virtual funds by opening a demo account.
To start trading immediately, click the button below:
