XM does not provide services to residents of the United States of America.

DOGEUSD (Dogecoin / US Dollar) Trading with XM

At XM, we offer DOGEUSD (Dogecoin / US Dollar) as a cash CFD. Our cash CFDs are undated transactions that aim to replicate the cash price of the underlying instrument, and so, are adjusted for interest.

Open a Demo Account
Open an Account

Risk warning: FX and CFD trading involves a high risk of loss.

FAQ

Do I need a crypto wallet to trade DOGEUSD at XM?

No, you do not. When trading DOGEUSD at XM, you are in essence speculating on the price movement of DOGEUSD by trading on a DOGEUSD CFD.

You do not need to actually own any cryptos, and therefore you do not need to have a crypto wallet.

Can I short DOGEUSD with XM?

Yes. You can take a buy or sell trade on the DOGEUSD pair or other DOGE related pairs which may be offered in the future.

What time is DOGEUSD available for trading?

DOGEUSD is available for trading 24 hours a day, 7 days a week.

Can I trade DOGEUSD on the MT4 and MT5 platforms?

DOGEUSD trading is available on the XM MT5 platform. The XM MT5 will allow you to trade cryptocurrencies, forex, CFDs on stocks, oil and gold all from 1 trading account.

Trading Conditions

Min Margin Percentage 2%
Spread as low as (quote currency) 0.00184
Symbols DOGEUSD
Description DOGEUSD (Dogecoin / US Dollar)
Min. Price Fluctuation 0.00001
Value of Minimum Price Fluctuation 0.1 USD
Value of 1 lot 10,000 Tokens
Min/Max Trade Size 0.06/500
Long Swap Value
(Points)***
-11.86
Short Swap Value
(Points)***
-11.86
Limit and Stop Levels** 0
Volume in Lots Margin (%) Leverage
0-100 2 50:1
100+ 100 1:1
For more information about dynamic margin percentage, please click here.
Weekday 00:00 - 00:00 (GMT +3)
Saturday 00:00-10:05,10:35-00:00 (GMT +3)   │   Sunday 00:00-00:00 (GMT +3)
** Min. level for placing pending orders at a current market price.
***Swap fees for CFDs on Cryptocurrencies will be charged from Monday to Friday with triple fees on Friday. Swap fees are only applied to positions held open overnight. The operation is conducted at 00:00 GMT+2 (note that DST may apply) and can take several minutes.

How to Start Trading DOGEUSD (Dogecoin / US Dollar)?

Step 1

Open an XM Real Account


Step 2

Download and login to the MT5 platform


Step 3

Double-click on DOGEUSD (Dogecoin / US Dollar) from the “Market Watch” to open an order for this instrument.

Risk Warning: Your capital is at risk. Leveraged products may not be suitable for everyone. Please consider our Risk Disclosure.