1. Copper spot with different delivery times can be applied for delivery immediately after the transaction; Copper futures need to be delivered in a delivery month.

2. The copper spot at different trading hours is a 22-hour (24-hour international copper market) continuous trading system; There is a time limit for copper futures. The domestic copper futures trading hours are only 9: 00 am-11:30 and 1:30-3:00 pm.

3. Different risks Although the leverage ratio of copper spot is higher, the flexibility of copper spot is stronger than that of copper futures, and the risk control is more flexible. The reason is that the spot transaction is 22 hours, and the position can be closed at any time to lock the profit and loss. However, due to the limitation of trading time, there is a huge gap between the closing price of copper futures and the opening price of the next day, and the risk has undoubtedly increased a lot, which is well reflected in the chart.

4. Due to the influence of the international spot copper price, there is no possibility of controlling the village, and the information is more transparent and open, which depends entirely on the ability of investors to obtain income; The futures market is an internal market with insufficient trading volume. In addition, the government's many restrictions on the futures market have increased the possibility of inside information and provided an opportunity for bookmakers.

Similarities:

1, margin trading Both copper spot and copper futures are margin trading, both of which are a process from small to large, and huge wealth can be dominated by certain funds.

2. T+0 trading copper spot and copper futures can be closed immediately after opening positions, so as to maximize their own judgment on the market.

3. Two-way trading Both copper spot and copper futures can be operated in two directions, which can buy up and buy down, increase effective trading opportunities, and maximize the use of funds and wealth.

3. Two-way trading Both gold spot and gold futures can be operated in two directions, which can buy up and buy down, increase effective trading opportunities, and maximize the use of funds and wealth.