
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
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
Swipe to compare →
| Comparison | Copper Futures | Copper CFDs | Copper ETFs |
|---|---|---|---|
| Price set by | The market, on a central exchange | The broker, based on the underlying market | The market, on the listing exchange |
| Order Execution | Sent to the exchange and matched with other traders | Executed directly with the broker | Sent to the exchange and matched with other investors |
| Trading Costs | Itemized commission and exchange fees | Mostly built into the spread | Brokerage commission |
| Trading during Asian hours | Tradable on the exchange, nearly 24 hours a day | Tradable at the broker’s quote | Reflected once US markets open |
| Volume and Market Depth | Live volume and depth published by the exchange | Broker quotes, without a central order book | Volume published for the fund on its exchange |
| Contract Sizes | Standard (HG) at 25,000 pounds and Micro (MHG) at 2,500 pounds | Position size set by the broker | Individual fund units |
| Holding Costs | No daily financing charge, as financing costs are built into the futures price | Overnight financing typically applies | Annual expense ratio |
| Expiry and Settlement | Monthly contracts. HG is physically delivered, MHG is cash-settled | Typically undated | No expiry |
| Maximum Loss | Can exceed initial margin | Can exceed initial margin, depending on your broker | Limited 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.
Swipe to compare →
| Comparison | Copper Futures | Copper CFDs | Copper ETFs |
|---|---|---|---|
| Price set by | The market, on a central exchange | The broker, based on the underlying market | The market, on the listing exchange |
| Order Execution | Sent to the exchange and matched with other traders | Executed directly with the broker | Sent to the exchange and matched with other investors |
| Trading Costs | Itemized commission and exchange fees | Mostly built into the spread | Brokerage commission |
| Trading during Asian hours | Tradable on the exchange, nearly 24 hours a day | Tradable at the broker’s quote | Reflected once US markets open |
| Volume and Market Depth | Live volume and depth published by the exchange | Broker quotes, without a central order book | Volume published for the fund on its exchange |
| Contract Sizes | Standard (HG) at 25,000 pounds and Micro (MHG) at 2,500 pounds | Position size set by the broker | Individual fund units |
| Holding Costs | No daily financing charge, as financing costs are built into the futures price | Overnight financing typically applies | Annual expense ratio |
| Expiry and Settlement | Monthly contracts. HG is physically delivered, MHG is cash-settled | Typically undated | No expiry |
| Maximum Loss | Can exceed initial margin | Can exceed initial margin, depending on your broker | Limited 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.
Swipe to compare →
| Comparison | Copper Futures | Copper CFDs | Copper ETFs |
|---|---|---|---|
| Price set by | The market, on a central exchange | The broker, based on the underlying market | The market, on the listing exchange |
| Order Execution | Sent to the exchange and matched with other traders | Executed directly with the broker | Sent to the exchange and matched with other investors |
| Trading Costs | Itemized commission and exchange fees | Mostly built into the spread | Brokerage commission |
| Trading during Asian hours | Tradable on the exchange, nearly 24 hours a day | Tradable at the broker’s quote | Reflected once US markets open |
| Volume and Market Depth | Live volume and depth published by the exchange | Broker quotes, without a central order book | Volume published for the fund on its exchange |
| Contract Sizes | Standard (HG) at 25,000 pounds and Micro (MHG) at 2,500 pounds | Position size set by the broker | Individual fund units |
| Holding Costs | No daily financing charge, as financing costs are built into the futures price | Overnight financing typically applies | Annual expense ratio |
| Expiry and Settlement | Monthly contracts. HG is physically delivered, MHG is cash-settled | Typically undated | No expiry |
| Maximum Loss | Can exceed initial margin | Can exceed initial margin, depending on your broker | Limited 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
