Arc beads are high-temperature luminous electric discharges that form across a gap between two bodies, which is one of the vital forensic pieces of evidence for the evaluation of electrical fires. In this study, based on an actual electrical fire, the microstructure of arc beads from a copper wire that experienced an overcurrent fault was investigated by optical microscopy and scanning electron microscopy. Moreover, the effects of the overcurrent intensity on the grain morphology, trace elements, and microstructure of the arc beads were analyzed. The results showed that the simulated metallographic structure of the arc beads is mainly dendrite at four times the rated current, which is consistent with the fire scene. With an increase in the overcurrent, the average diameter, perimeter, and area of the grains increased, while the dendrite growth was inhibited by the overcurrent. In addition, the main trace elements were Cu, C, O, and Cl. When the current increased, the Cu content gradually decreased and tended to be stable, while the C content gradually increased. The conclusion of this research provided a scientific reference for identifying the melting trace in a copper conductor under overcurrent fault.