Follow our process to start copper trading today:
Futures CFDs derive their pricing from underlying futures contracts, while copper CFDs derive their pricing from the underlying spot market. For a complete overview of all the copper instruments available to trade and their active time zones, view our product schedule.
Built to utilise Artificial Intelligence and Machine Learning, PsyQuation is a highly advanced trading analytics platform designed to reduce your trading mistakes and provide powerful performance analytics.
Trading hours for Axi clients in the copper spot CFDs market kick off at 01:01 Monday (server time) and close at 23:58 Friday (server time). This includes gold, silver and platinum products. There is a market break that occurs between 23:59 and 01:01 (server time) each morning.
The exchange for Copper futures CFDs open at 18:01 Sunday and close at 16:59 Friday (New York timezone). There is a trading break from 16:59 - 18:01.
Analysing historical silver prices may give us information as to where prices are heading next and potential key levels to watch out for. Looking at the big picture, copper has been on an uptrend and hit its all time high of 4.86 in April of 2021.
As with all other asset classes, trading copper can be profitable with the right risk and trade management practices in place. Because many different factors – such as supply and demand issues, or economic outlook – can cause the price of copper to change quickly, the copper market can be volatile. However, it is these price fluctuations that can present traders with opportunities to capitalise on the market movements.
Yes, you can trade copper on MT4. Trading copper with Axi on MT4 is done by trading copper CFDs. This means that instead of owning the physical metal, you will just be speculating on its price movement.
The symbol for copper futures CFDs in MT4 is COPPER.fs.