This tool converts a COPPER trade into concrete numbers: pip value in dollars, required margin, and what a given price move is worth for the lot size you enter. Use it to size a position before you risk it, not after.
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Calculator
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Enter your numbers above.
What a move is worth on COPPER
Lot size
1 pip
10 pips
30 pips
50 pips
100 pips
500 pips
Standard · 1.0
$2.50
$25.00
$75.00
$125.00
$250.00
$1,250.00
Mini · 0.1
$0.25
$2.50
$7.50
$12.50
$25.00
$125.00
Micro · 0.01
$0.03
$0.25
$0.75
$1.25
$2.50
$12.50
Value in USD per position at the current rate — counts are in pips. Change your lot size or stop distance in the calculator above to match a real trade.
One pip on COPPER works out as 0.0001 × 25,000 lb, already in US dollars. The table just multiplies that by your lot size and pip count.
How to use it
Enter your COPPER lot size (standard, mini, or micro).
Enter your account currency and current leverage or margin requirement.
Enter the number of pips you want to test.
Read off the pip value, margin needed, and total dollar value of the move.
COPPER contract specification
Symbol
COPPER
Asset class
Commodity
1 pip
0.0001
Contract size (1 standard lot)
25,000 lb
Quote currency
USD
Pip value — Standard lot (1.0)
$2.50
Pip value — Mini lot (0.1)
$0.25
Pip value — Micro lot (0.01)
$0.025
Points per pip
1
All figures on this page are quoted directly in US dollars, so no exchange rate is involved.
Trading COPPER
Spread and swap differ by broker, which changes what a position actually costs you.
One pip on COPPER is worth $2.50 per standard lot, $0.25 per mini lot, and $0.025 per micro lot. The calculator scales this automatically for whatever lot size you enter.
What is the pip value for a 0.01 lot COPPER trade?
A 0.01 lot is a micro lot, so each pip is worth $0.025. Multiply that by the number of pips the price moves to get the dollar result.
How do I calculate COPPER position size?
Decide how much you are willing to risk in dollars, divide that by the number of pips to your stop-loss, then divide by the pip value per lot. The calculator does this in one step once you enter your risk amount and stop distance.
How is margin calculated for COPPER?
Margin is the contract value of your position divided by your account leverage. Contract value equals 25,000 lb times the current COPPER price, so margin moves with both your lot size and the market price.
Does this tool estimate my profit on a COPPER trade?
No. It multiplies a pip move you supply by the pip value for your lot size, giving you the dollar value of that move. It does not predict where price will go or what you will earn.
What lot size and contract size does COPPER use?
One standard lot of COPPER represents 25,000 lb, with a pip size of 0.0001. Check your broker's contract specification, since some brokers quote COPPER differently.