1, spot copper's minimum price change unit is 1 yuan/ton, while futures copper is 10 yuan/ton, so spot copper's quotation is more accurate;

2. Futures copper has a daily maximum fluctuation limit, that is, the price limit, and spot copper does not exist;

3. Futures copper can no longer be held after the expiration of the month and must be delivered, which is not the case in spot copper;

The biggest difference between them is the trading time. Spot copper can realize all-day uninterrupted trading, while futures copper only has a few hours of fixed trading time every day, completely missing the European and American time with the biggest price fluctuation, resulting in a huge waste of trading opportunities;

5. In terms of transaction fees, futures copper has more advantages than spot copper, and the handling fee rate is lower.

From the above comparison, we can see that spot copper has obvious advantages in trading mechanism. As a trading variety with a long history, copper occupies an important position in the metal market.