Trade Copper
0% Commission
Start trading copper today, with Switch Markets
What is Copper Trading?
Copper trading with Switch Markets means trading copper via CFDs, allowing you to speculate on price movements without owning or taking delivery of physical copper. Trade long or short with leverage through MetaTrader 4 or MetaTrader 5.
Open AccountCopper (XCU/USD) CFDs explained - What are CFDs on copper?
Copper CFDs (Contracts for Difference) are financial derivatives that allow traders to speculate on the price movements of copper without owning the physical metal.
Instead of buying or storing copper, traders enter a contract with a broker to exchange the difference in price between the opening and closing of a trade. In many trading platforms, copper is commonly quoted as XCU/USD, representing the value of copper against the US dollar.
Trading copper CFDs gives investors exposure to the global copper market, which is heavily influenced by industrial demand, infrastructure projects, and economic growth. Because copper is widely used in construction, electronics, renewable energy systems, and manufacturing, its price often reflects the health of the global economy, making it an attractive asset for both short-term traders and long-term market participants.
A key advantage of copper CFDs is leverage, which allows traders to control larger positions with a smaller initial investment. This can magnify potential profits, but it also increases risk, so proper risk management is essential. CFDs also allow traders to go long or short, meaning they can potentially benefit from both rising and falling copper prices. Take note that the requirement to start trading copper CFDs is significantly lower than futures, for example, which enables beginners and advanced traders to start trading copper with a low initial deposit.
Additionally, copper CFDs provide flexibility and accessibility compared to traditional commodity trading. There is no need for physical delivery, storage, or large capital requirements, and trades can usually be executed quickly through online platforms. This makes copper CFDs a popular choice for traders seeking efficient exposure to commodity price movements without the logistical challenges of physical ownership.
Why trade copper with Switch Markets?
Experience fast execution, tight spreads, and transparent pricing on copper CFDs, along with powerful free trading tools to enhance your trading strategy.
Low spreads
We provide low and competitive spreads on copper, ensuring you receive the best value when trading. Our minimal trading costs make it easier to trade efficiently.
0% commission account
Trading copper incurs zero commission, with no deposit or withdrawal fees, and no inactivity charges, allowing you to retain more of your profits.
Free Trading Tools
With us, you gain access to a variety of free trading tools, including AlgoBuilder, PineConnector, Trackatrader, and Expert Advisors (EAs).
High leverage ratio
We offer copper traders a high leverage of up to 1:500, providing greater flexibility and trading opportunities.
Trading accounts
Choose from a diverse range of account options tailored to various trading needs, including Cent, Standard, ECN, Islamic, VIP, and PAMM accounts.
Start with as little as $50
Begin trading copper with just $50, with no deposit or withdrawal fees and access to a variety of convenient payment methods.
Key factors influencing copper prices
Supply and Demand
The primary driver of copper prices is basic supply and demand. Copper is heavily used in construction, electronics, renewable energy systems, and transportation, so when there is higher demand for industrial applications, prices often increase. On the supply side, mining output, production disruptions, labor strikes, and environmental regulations can tighten availability for hard assets and push prices higher.
Economic Growth
Copper is often referred to as "Dr. Copper" because its price is closely linked to global economic health. During periods of strong economic growth - especially in large economies such as China and the United States - demand for infrastructure, housing, and manufacturing increases, which typically boosts copper prices along with other metals. This has been one of the reasons copper prices recently reached a record high of nearly $14.50 in January 2026. Conversely, economic slowdowns or recessions can reduce industrial demand and weigh on prices.
The US Dollar
Copper is priced globally in US dollars, which creates an inverse relationship between the dollar and copper prices. When the US dollar weakens, copper becomes cheaper for international buyers, often increasing demand and supporting higher prices. A strong dollar, on the other hand, can make copper more expensive globally and may reduce buying interest. This means that any extreme volatility in the US dollar can also keep copper prices volatile.
Seasonality
Copper markets can also experience seasonal trends tied to construction cycles, manufacturing schedules, and energy demand. For example, warmer months often see increased construction activity, which can lift copper demand, while slower industrial periods may temporarily soften prices. Traders sometimes analyze these recurring patterns when planning entries and exits.
Geopolitical Tensions
Geopolitical events such as trade disputes, sanctions, or political instability in major copper-producing regions can significantly impact supply chains and investor sentiment. Tensions affecting mining countries or global trade routes may create uncertainty, leading to price volatility in precious metals like gold, silver, and copper as markets react to potential shortages or disruptions.
Start Trading Copper in 3 Easy Steps
Trade instantly with tight spreads and zero commission.
1
Open Account
Register and start trading in less than 5 minutes.
2
Deposit Funds
Make min. deposit of $50 using any of our deposit methods.
3
Start Trading Copper
Trade instantly with tight spreads and zero commission.
- Trade 1,000's of Global Markets
- Fast Deposits & Withdrawals
- 0% Commission Accounts
- 24/7 Human Customer Support
- Advanced Free Trading Tools
Confused on how to start trading copper?
Stream to learn exactly how.
Copper & Silver - what's happening in the markets today?
Breaking News impacting the markets today.
Trade copper alongside our Market Analysts, daily.
Start trading precious metals with confidence.
High Liquidity and Global Demand.
Opportunities in Both Rising and Falling Markets.
Strong volatility makes it appealing to day traders and swing traders.
Easier to trade copper via CFD than handle the commodity itself.
What is a Contract for Differences (CFD)?
A contract for differences (CFD) is a financial agreement where investors exchange the difference in values of an asset between when the contract opens and closes.
CFD investors speculate on price movements without owning the underlying asset, allowing for potential profits from both rising and falling markets.
Advantages of CFDs include lower capital requirements through leverage, global market access, no shorting restrictions, and flexible trading options.
Trade Copper On The Most Powerful MetaTrader Platforms
Trade with the world's most popular trading platforms - on any device.
Copper is heating up. Smart money moves first.
Join thousands of savvy traders capitalizing on one of the most exciting precious metals markets in history. There's never been a better time to add Copper to your trading portfolio.
Open AccountFrequently Asked Questions
Everything you need to know about trading copper with Switch Markets.