Copper Futures (HG) provide traders with exposure to copper prices without the need to handle physical copper. These contracts are widely used for speculation on copper price movements, hedging industrial metal needs, or as an economic indicator due to copper's widespread use in construction, electronics, and manufacturing.
Contract Size: 25,000 pounds
Example: This contract size allows traders to gain exposure to metals with controlled leverage and risk.
These specifications make Copper (HG) Futures suitable for traders seeking exposure to metals markets.
Copper (HG) Futures trade with extended hours, providing flexibility for traders in different time zones.
Platform Symbol: HG
To trade Copper (HG) Futures, you'll need to meet specific margin requirements. Check with your broker for the latest margin rates and details.
Proper position sizing is crucial when trading Copper (HG) Futures. Use our position size calculator to determine the optimal number of contracts based on your risk tolerance and account size.
For Copper (HG) Futures (HG):
If you want to risk $500 with a 10-point stop loss:
Risk per Contract = Stop Loss in Points × Point Value = 10 × 250.00 per 0.01 = $2500
Maximum Contracts = Risk Amount ÷ Risk per Contract = $500 ÷ $2500 = 0 contracts