Trade Copper Futures

Access Copper Market opportunities with Standard (HG) and Micro (MHG) Copper futures

Trade Copper Futures

Access Copper Market opportunities with Standard (HG) and Micro (MHG) Copper futures

Trade Copper Futures

Access Copper Market opportunities with Standard (HG) and Micro (MHG) Copper futures

Regulated by

Monetary Authority of Singapore

PARTNER WITH

CME Group logo

Powered by

REGULATED BY

Monetary Authority of Singapore

Partner with

CME Group logo

Powered by

Regulated by

Monetary Authority of Singapore

Partner with

CME Group logo

Powered by

Contract Sizing

Micro Copper (MHG) vs Copper (HG)

Both contracts provide direct exposure to global copper price movements and industrial demand

Contract Sizing

Micro Copper (MHG) vs Copper (HG)

Both contracts provide direct exposure to global copper price movements and industrial demand

Contract Sizing

Micro Copper (MHG) vs Copper (HG)

Both contracts provide direct exposure to global copper price movements and industrial demand

COMEX

Micro Copper (MHG)

Precise risk control and incremental position scaling

Multiplier

Tick Size

Tick Value

Day Margin (USD)

Initial Margin (USD)

2,500 pounds

0.0005

$1.25

$660.00

$1,320.00

COMEX

Micro Copper (MHG)

Precise risk control and incremental position scaling

Multiplier

Tick Size

Tick Value

Day Margin (USD)

Initial Margin (USD)

2,500 pounds

0.0005

$1.25

$660.00

$1,320.00

COMEX

Micro Copper (MHG)

Precise risk control and incremental position scaling

Multiplier

Tick Size

Tick Value

Day Margin (USD)

Initial Margin (USD)

2,500 pounds

0.0005

$1.25

$660.00

$1,320.00

COMEX

Copper (HG)

Larger order sizes and high-volume strategies

Multiplier

Tick Size

Tick Value

Day Margin (USD)

Initial Margin (USD)

25,000 pounds

0.0005

$12.50

$6,600.00

$13,200.00

COMEX

Copper (HG)

Larger order sizes and high-volume strategies

Multiplier

Tick Size

Tick Value

Day Margin (USD)

Initial Margin (USD)

25,000 pounds

0.0005

$12.50

$6,600.00

$13,200.00

COMEX

Copper (HG)

Larger order sizes and high-volume strategies

Multiplier

Tick Size

Tick Value

Day Margin (USD)

Initial Margin (USD)

25,000 pounds

0.0005

$12.50

$6,600.00

$13,200.00

Asset Comparison

Copper Futures VS CFDs and ETFs

Asset Comparison

Copper Futures VS CFDs and ETFs

Asset Comparison

Copper Futures VS CFDs and ETFs

Compare Copper Futures to CFDs and ETFs
ComparisonCopper FuturesCopper CFDsCopper ETFs
Price set byThe market, on a central exchangeThe broker, based on the underlying marketThe market, on the listing exchange
Order ExecutionSent to the exchange and matched with other tradersExecuted directly with the brokerSent to the exchange and matched with other investors
Trading CostsItemized commission and exchange feesMostly built into the spreadBrokerage commission
Trading during Asian hoursTradable on the exchange, nearly 24 hours a dayTradable at the broker’s quoteReflected once US markets open
Volume and Market DepthLive volume and depth published by the exchangeBroker quotes, without a central order bookVolume published for the fund on its exchange
Contract SizesStandard (HG) at 25,000 pounds and Micro (MHG) at 2,500 poundsPosition size set by the brokerIndividual fund units
Holding CostsNo daily financing charge, as financing costs are built into the futures priceOvernight financing typically appliesAnnual expense ratio
Expiry and SettlementMonthly contracts. HG is physically delivered, MHG is cash-settledTypically undatedNo expiry
Maximum LossCan exceed initial marginCan exceed initial margin, depending on your brokerLimited to the amount invested, unless bought on margin

General product features shown. Terms vary by broker and contract. Futures and CFDs are leveraged products, and losses can exceed your initial margin.

Compare Copper Futures to CFDs and ETFs
ComparisonCopper FuturesCopper CFDsCopper ETFs
Price set byThe market, on a central exchangeThe broker, based on the underlying marketThe market, on the listing exchange
Order ExecutionSent to the exchange and matched with other tradersExecuted directly with the brokerSent to the exchange and matched with other investors
Trading CostsItemized commission and exchange feesMostly built into the spreadBrokerage commission
Trading during Asian hoursTradable on the exchange, nearly 24 hours a dayTradable at the broker’s quoteReflected once US markets open
Volume and Market DepthLive volume and depth published by the exchangeBroker quotes, without a central order bookVolume published for the fund on its exchange
Contract SizesStandard (HG) at 25,000 pounds and Micro (MHG) at 2,500 poundsPosition size set by the brokerIndividual fund units
Holding CostsNo daily financing charge, as financing costs are built into the futures priceOvernight financing typically appliesAnnual expense ratio
Expiry and SettlementMonthly contracts. HG is physically delivered, MHG is cash-settledTypically undatedNo expiry
Maximum LossCan exceed initial marginCan exceed initial margin, depending on your brokerLimited to the amount invested, unless bought on margin

General product features shown. Terms vary by broker and contract. Futures and CFDs are leveraged products, and losses can exceed your initial margin.

Compare Copper Futures to CFDs and ETFs
ComparisonCopper FuturesCopper CFDsCopper ETFs
Price set byThe market, on a central exchangeThe broker, based on the underlying marketThe market, on the listing exchange
Order ExecutionSent to the exchange and matched with other tradersExecuted directly with the brokerSent to the exchange and matched with other investors
Trading CostsItemized commission and exchange feesMostly built into the spreadBrokerage commission
Trading during Asian hoursTradable on the exchange, nearly 24 hours a dayTradable at the broker’s quoteReflected once US markets open
Volume and Market DepthLive volume and depth published by the exchangeBroker quotes, without a central order bookVolume published for the fund on its exchange
Contract SizesStandard (HG) at 25,000 pounds and Micro (MHG) at 2,500 poundsPosition size set by the brokerIndividual fund units
Holding CostsNo daily financing charge, as financing costs are built into the futures priceOvernight financing typically appliesAnnual expense ratio
Expiry and SettlementMonthly contracts. HG is physically delivered, MHG is cash-settledTypically undatedNo expiry
Maximum LossCan exceed initial marginCan exceed initial margin, depending on your brokerLimited to the amount invested, unless bought on margin

General product features shown. Terms vary by broker and contract. Futures and CFDs are leveraged products, and losses can exceed your initial margin.

Key Features

Why Traders Choose Copper Futures

Key Features

Why Traders Choose Copper Futures

Key Features

Why Traders Choose Copper Futures

Global Copper Benchmark Exposure

Trade contracts settled against COMEX copper, the benchmark reference for copper pricing in the US and one of the most actively traded base metals contracts

Portfolio Diversification

Copper price dynamics are largely uncoupled from equity indices, providing a macro asset class driven by global industrial activity and infrastructure demand

Capital Efficiency

Control large commodity positions with clear margin requirements. Scale position sizing precisely using Standard (HG) or Micro (MHG) contracts to fit your risk strategy

Nearly 24-Hour Access

Copper reacts to Chinese demand data, mine disruptions and inventory reports. Trade copper futures nearly 24/5 to capitalize on market moves as they happen

Global Copper Benchmark Exposure

Trade contracts settled against COMEX copper, the benchmark reference for copper pricing in the US and one of the most actively traded base metals contracts

Portfolio Diversification

Copper price dynamics are largely uncoupled from equity indices, providing a macro asset class driven by global industrial activity and infrastructure demand

Capital Efficiency

Control large commodity positions with clear margin requirements. Scale position sizing precisely using Standard (HG) or Micro (MHG) contracts to fit your risk strategy

Nearly 24-Hour Access

Copper reacts to Chinese demand data, mine disruptions and inventory reports. Trade copper futures nearly 24/5 to capitalize on market moves as they happen

Global Copper Benchmark Exposure

Trade contracts settled against COMEX copper, the benchmark reference for copper pricing in the US and one of the most actively traded base metals contracts

Portfolio Diversification

Copper price dynamics are largely uncoupled from equity indices, providing a macro asset class driven by global industrial activity and infrastructure demand

Capital Efficiency

Control large commodity positions with clear margin requirements. Scale position sizing precisely using Standard (HG) or Micro (MHG) contracts to fit your risk strategy

Nearly 24-Hour Access

Copper reacts to Chinese demand data, mine disruptions and inventory reports. Trade copper futures nearly 24/5 to capitalize on market moves as they happen

Before You Trade

Copper Futures FAQs

Before You Trade

Copper Futures FAQs

Before You Trade

Copper Futures FAQs

1. What are Copper Futures?

Copper futures are exchange-listed contracts to trade the future price of copper. The standard contract, HG, trades on COMEX, part of CME Group. It's physically deliverable, settling against the copper price at expiry unless the position is closed or rolled beforehand

2. What's the difference between HG and MHG Copper Futures?

HG is the standard COMEX copper contract. MHG, the Micro contract, tracks the same copper price at a fraction of the size, giving the same market exposure per contract at a lower margin requirement. Both settle against the same underlying price and trade the same COMEX hours

3. What moves Copper Futures prices?

Copper futures respond mainly to global manufacturing and construction activity, since copper is used widely in wiring, machinery and infrastructure. Demand from China, the largest copper consumer, has an outsized effect on price. Supply disruptions at major mines and inventory data also move the market

4. What are the margin requirements to trade Copper Futures?

Margin on HG and MHG is set by the exchange and varies with volatility, particularly around major economic data and periods of market stress. Brokers can require additional margin above the exchange minimum. KGI Crusoe has no account minimum; capital required depends on the contract and quantity traded. Current figures are listed in the contract specifications

5. What are the risks of trading Copper Futures?

Copper futures are leveraged, so a small price move can produce a large move against your margin, and losses can exceed the amount deposited. HG and MHG are physically deliverable, so positions held into the delivery period carry delivery obligations most traders avoid by closing or rolling beforehand. Prices can move sharply on Chinese economic data given copper's demand concentration there

1. What are Copper Futures?

Copper futures are exchange-listed contracts to trade the future price of copper. The standard contract, HG, trades on COMEX, part of CME Group. It's physically deliverable, settling against the copper price at expiry unless the position is closed or rolled beforehand

2. What's the difference between HG and MHG Copper Futures?

HG is the standard COMEX copper contract. MHG, the Micro contract, tracks the same copper price at a fraction of the size, giving the same market exposure per contract at a lower margin requirement. Both settle against the same underlying price and trade the same COMEX hours

3. What moves Copper Futures prices?

Copper futures respond mainly to global manufacturing and construction activity, since copper is used widely in wiring, machinery and infrastructure. Demand from China, the largest copper consumer, has an outsized effect on price. Supply disruptions at major mines and inventory data also move the market

4. What are the margin requirements to trade Copper Futures?

Margin on HG and MHG is set by the exchange and varies with volatility, particularly around major economic data and periods of market stress. Brokers can require additional margin above the exchange minimum. KGI Crusoe has no account minimum; capital required depends on the contract and quantity traded. Current figures are listed in the contract specifications

5. What are the risks of trading Copper Futures?

Copper futures are leveraged, so a small price move can produce a large move against your margin, and losses can exceed the amount deposited. HG and MHG are physically deliverable, so positions held into the delivery period carry delivery obligations most traders avoid by closing or rolling beforehand. Prices can move sharply on Chinese economic data given copper's demand concentration there

1. What are Copper Futures?

Copper futures are exchange-listed contracts to trade the future price of copper. The standard contract, HG, trades on COMEX, part of CME Group. It's physically deliverable, settling against the copper price at expiry unless the position is closed or rolled beforehand

2. What's the difference between HG and MHG Copper Futures?

HG is the standard COMEX copper contract. MHG, the Micro contract, tracks the same copper price at a fraction of the size, giving the same market exposure per contract at a lower margin requirement. Both settle against the same underlying price and trade the same COMEX hours

3. What moves Copper Futures prices?

Copper futures respond mainly to global manufacturing and construction activity, since copper is used widely in wiring, machinery and infrastructure. Demand from China, the largest copper consumer, has an outsized effect on price. Supply disruptions at major mines and inventory data also move the market

4. What are the margin requirements to trade Copper Futures?

Margin on HG and MHG is set by the exchange and varies with volatility, particularly around major economic data and periods of market stress. Brokers can require additional margin above the exchange minimum. KGI Crusoe has no account minimum; capital required depends on the contract and quantity traded. Current figures are listed in the contract specifications

5. What are the risks of trading Copper Futures?

Copper futures are leveraged, so a small price move can produce a large move against your margin, and losses can exceed the amount deposited. HG and MHG are physically deliverable, so positions held into the delivery period carry delivery obligations most traders avoid by closing or rolling beforehand. Prices can move sharply on Chinese economic data given copper's demand concentration there

Get Started

Start Trading Copper Futures in 3 Steps

Execute trades with confidence and precision

Get Started

Start Trading Copper Futures in 3 Steps

Execute trades with confidence and precision

Get Started

Start Trading Copper Futures in 3 Steps

Execute trades with confidence and precision

1

Choose HG or MHG

Search HG for the standard or MHG for the Micro contact to view live spreads, tick values, and intraday margin rates

2

Set Your Position

Select your contract size, choose long or short, and pick your order type to match your strategy

3

Execute & Manage

Attach your take-profit and stop-loss levels, submit your order, and track real-time P&L as the market moves

1

Choose HG or MHG

Search HG for the standard or MHG for the Micro contact to view live spreads, tick values, and intraday margin rates

2

Set Your Position

Select your contract size, choose long or short, and pick your order type to match your strategy

3

Execute & Manage

Attach your take-profit and stop-loss levels, submit your order, and track real-time P&L as the market moves

1

Choose HG or MHG

Search HG for the standard or MHG for the Micro contact to view live spreads, tick values, and intraday margin rates

2

Set Your Position

Select your contract size, choose long or short, and pick your order type to match your strategy

3

Execute & Manage

Attach your take-profit and stop-loss levels, submit your order, and track real-time P&L as the market moves

Legal and Regulatory

KGI Crusoe is a futures trading platform operated by KGI Securities (Singapore) Pte. Ltd. (Co. Reg. No. 195500144H), a holder of a Capital Markets Services Licence issued by the Monetary Authority of Singapore. Registered office: 4 Shenton Way, #13-01 SGX Centre 2, Singapore 068807.

NinjaTrader is a group of affiliated companies operating under NinjaTrader Group, LLC ("NTG"), including NinjaTrader, LLC ("NT") and NinjaTrader Clearing, LLC d/b/a NinjaTrader, Kraken Derivatives US, and Tradovate ("NTC"). NT owns and supports the proprietary NinjaTrader trading platform as a software development company, while NTC provides brokerage services. View Disclosures.

NTC is registered with the Commodity Futures Trading Commission ("CFTC") as a futures commission merchant ("FCM") and is a National Futures Association ("NFA") Member (NFA ID: 0309379). Registered office: 222 North Lasalle Street Suite 400 Chicago, IL 60601 United States. Questions related to brokerage accounts should be directed to your broker.

Futures trading involves substantial risk and is not suitable for everyone. An investor may lose all or more than the initial investment. Trading should be undertaken only with risk capital funds that can be lost without jeopardizing one’s financial security or lifestyle, and only by those who can afford such losses. Past performance is not necessarily indicative of future results. Prior to trading digital assets, review the CFTC and NFA advisories for additional information regarding the significant risks involved. View Risk Disclosure Statement, including the Risk Disclosure Statement for Security Futures Products.

The website is for informational purposes only and does not constitute investment advice or an offer, solicitation, or recommendation to buy or sell any securities or financial instruments. It does not take into account your personal investment objectives, financial situation, or holdings. KGI Crusoe (KGI Securities (Singapore) Pte. Ltd.) makes no representation and assumes no liability for the accuracy or completeness of this information, or for any loss arising from its use.

This website is not intended for distribution to, or use by, any person in any jurisdiction where that would breach local law or regulation, including the European Economic Area, the United Kingdom and the United States.

This advertisement has not been reviewed by the Monetary Authority of Singapore.

© 2026 KGI Securities (Singapore) Pte. Ltd. All rights reserved.

KGI Crusoe

Legal and Regulatory

KGI Crusoe is a futures trading platform operated by KGI Securities (Singapore) Pte. Ltd. (Co. Reg. No. 195500144H), a holder of a Capital Markets Services Licence issued by the Monetary Authority of Singapore. Registered office: 4 Shenton Way, #13-01 SGX Centre 2, Singapore 068807.

NinjaTrader is a group of affiliated companies operating under NinjaTrader Group, LLC ("NTG"), including NinjaTrader, LLC ("NT") and NinjaTrader Clearing, LLC d/b/a NinjaTrader, Kraken Derivatives US, and Tradovate ("NTC"). NT owns and supports the proprietary NinjaTrader trading platform as a software development company, while NTC provides brokerage services. View Disclosures.

NTC is registered with the Commodity Futures Trading Commission ("CFTC") as a futures commission merchant ("FCM") and is a National Futures Association ("NFA") Member (NFA ID: 0309379). Registered office: 222 North Lasalle Street Suite 400 Chicago, IL 60601 United States. Questions related to brokerage accounts should be directed to your broker.

Futures trading involves substantial risk and is not suitable for everyone. An investor may lose all or more than the initial investment. Trading should be undertaken only with risk capital funds that can be lost without jeopardizing one’s financial security or lifestyle, and only by those who can afford such losses. Past performance is not necessarily indicative of future results. Prior to trading digital assets, review the CFTC and NFA advisories for additional information regarding the significant risks involved. View Risk Disclosure Statement, including the Risk Disclosure Statement for Security Futures Products.

The website is for informational purposes only and does not constitute investment advice or an offer, solicitation, or recommendation to buy or sell any securities or financial instruments. It does not take into account your personal investment objectives, financial situation, or holdings. KGI Crusoe (KGI Securities (Singapore) Pte. Ltd.) makes no representation and assumes no liability for the accuracy or completeness of this information, or for any loss arising from its use.

This website is not intended for distribution to, or use by, any person in any jurisdiction where that would breach local law or regulation, including the European Economic Area, the United Kingdom and the United States.

This advertisement has not been reviewed by the Monetary Authority of Singapore.

© 2026 KGI Securities (Singapore) Pte. Ltd. All rights reserved.

KGI Crusoe

Legal and Regulatory

KGI Crusoe is a futures trading platform operated by KGI Securities (Singapore) Pte. Ltd. (Co. Reg. No. 195500144H), a holder of a Capital Markets Services Licence issued by the Monetary Authority of Singapore. Registered office: 4 Shenton Way, #13-01 SGX Centre 2, Singapore 068807.

NinjaTrader is a group of affiliated companies operating under NinjaTrader Group, LLC ("NTG"), including NinjaTrader, LLC ("NT") and NinjaTrader Clearing, LLC d/b/a NinjaTrader, Kraken Derivatives US, and Tradovate ("NTC"). NT owns and supports the proprietary NinjaTrader trading platform as a software development company, while NTC provides brokerage services. View Disclosures.

NTC is registered with the Commodity Futures Trading Commission ("CFTC") as a futures commission merchant ("FCM") and is a National Futures Association ("NFA") Member (NFA ID: 0309379). Registered office: 222 North Lasalle Street Suite 400 Chicago, IL 60601 United States. Questions related to brokerage accounts should be directed to your broker.

Futures trading involves substantial risk and is not suitable for everyone. An investor may lose all or more than the initial investment. Trading should be undertaken only with risk capital funds that can be lost without jeopardizing one’s financial security or lifestyle, and only by those who can afford such losses. Past performance is not necessarily indicative of future results. Prior to trading digital assets, review the CFTC and NFA advisories for additional information regarding the significant risks involved. View Risk Disclosure Statement, including the Risk Disclosure Statement for Security Futures Products.

The website is for informational purposes only and does not constitute investment advice or an offer, solicitation, or recommendation to buy or sell any securities or financial instruments. It does not take into account your personal investment objectives, financial situation, or holdings. KGI Crusoe (KGI Securities (Singapore) Pte. Ltd.) makes no representation and assumes no liability for the accuracy or completeness of this information, or for any loss arising from its use.

This website is not intended for distribution to, or use by, any person in any jurisdiction where that would breach local law or regulation, including the European Economic Area, the United Kingdom and the United States.

This advertisement has not been reviewed by the Monetary Authority of Singapore.

© 2026 KGI Securities (Singapore) Pte. Ltd. All rights reserved.

KGI Crusoe