Copper plays an important role in the commodity market because it is metal with a wide industrial use and has always had a vital place in the world economic development. Copper mining and extraction is done in many different parts of the world as the largest copper reserves and production are concentrated in Chile, Australia, China and the United States. As one of the forex commodities, copper is influenced by the world economic growth. It is widely used in industries such as construction, automotive, telecommunication, transportation, painting and chemistry, and for this reason its price is directly influenced by the demand and the changes in these industrial sectors. The price fluctuations of copper under the influence of all these factors have made it one of the most traded commodities in the forex market.
The fact that copper is widely used industrial metal and indispensable raw material for many industries, continuously increases the interest of forex traders. In the economy of today marked by intense and rapid changes, the investors in the forex market have to follow and understand well the dynamics of copper trading in order to gain profits from it. The economic developments, climate conditions and financial regulations in the countries where copper reserves are concentrated have to be thoroughly analysed to predict their effects on the forex copper trade. That’s why Kaje Forex expert analysts make researches and deliver reports in timely manner to keep investors align with the latest copper developments and help them build profitable investment strategies.
Kaje Forex has developed various account types for both individual and institutional investors who can choose among secure, fast and conscious investment opportunities. Kaje Forex offers the following advantages to the traders in the commodity, and in particular, in the copper forex market:
– You can trade on CFDs and gain profits on both price increase and decrease;
– You can use 1:100 leverage ratio in your investments. Combined with the CFD’s trading this can result in obtaining great profits with the help of small investment amounts;
– You are continuously supported by Kaje Forex expert analysts with thorough and in-time analyses and news in the forex copper market. In this way you can built effective investment strategies and protect your profits and funds against the fluctuations in the market;
– You can learn how to trade copper by using Kaje Forex Demo Account where you can try and study the real market conditions but with virtual money and at zero risk and no cost;
– You can get additional individual training and educational support by Kaje Forex trading experts to develop extensive knowledge and gain trading confidence in the forex copper market.