Fomo App Fees: what every trade costs
Fomo app fees are simple on paper: 0.5% per trade on meme coins, 0.05% on blue chips and perps, gas paid by Fomo, and 10% off with referral code GEMQUEENX. The number that decides what you actually pay is the $0.95 minimum. This page has the full fee schedule, the calculator, and the comparison with Axiom, GMGN and Photon.
- 0.5% spot, 0.05% blue chips
- Gas paid on six chains
- $0.95 minimum per trade
GEMQUEENX
10% off fees
Rivals shown at their published rates plus about $0.30 of Solana gas and priority fee per trade.
Fomo app fees: key facts
- Spot trade0.5% of the trade, buy and sell. Minimum about $0.95.
- Blue chips0.05% on majors such as BTC, ETH, SOL and BNB in the Crypto tab. Fomo calls it the lowest fee on blue chips anywhere.
- Perps0.05% per side, Fomo's builder fee, plus the Hyperliquid taker or maker fee underneath.
- GasPaid by Fomo on Solana, Base, BNB Chain, Monad, Ethereum and Robinhood Chain.
- Referral discount10% off the trading fee for the life of the account with referral code GEMQUEENX.
- DepositsCrypto free. Apple Pay, Google Pay and cards carry the Coinbase on-ramp fee, shown before you confirm.
- WithdrawalsOn-chain network cost only, shown before you confirm. No Fomo fee.
- SubscriptionNone. The app and the web terminal are free.
What are the Fomo app fees?
Fomo charges 0.5% per spot trade with a $0.95 minimum, 0.05% on blue-chip tokens and 0.05% per side on perps. Gas is paid by Fomo, and a referral code takes 10% off the trading fee.
Fomo fee schedule
Every charge the app can make, in one table. Numbers are what the app shows on the confirmation screen as of September 2026; the fee line before you confirm is always the final word.
| What | Fee | With referral code | Notes |
|---|---|---|---|
| Meme coin and altcoin spot trade | 0.5% | 0.45% | Minimum about $0.95; gas included |
| Blue-chip spot trade | 0.05% | 0.045% | BTC, ETH, SOL, BNB and the rest of the Crypto tab |
| Perps, open or close | 0.05% per side | 0.045% | Plus Hyperliquid protocol fee; not for US persons |
| Gas on any chain | $0 | $0 | Sponsored by Fomo |
| Crypto deposit | $0 | $0 | Your sending wallet pays its own network fee |
| Apple Pay, Google Pay, card deposit | On-ramp fee | Same | Set by Coinbase, shown before you pay |
| Withdrawal | Network cost | Same | Fractions of a cent on Solana; more on Ethereum |
| Account, app, web terminal | $0 | $0 | No subscription, no tiers |
The $0.95 minimum fee, and who it hits
The headline rate is 0.5%. The floor is about $0.95 per trade. Whichever is larger is what you pay, and below roughly $190 the floor is larger. That single rule explains almost every "Fomo fees are high" post you will read: the people writing them are trading $10 and $20 at a time, where $0.95 is not 0.5% but 5% to 10%, and a buy plus a sell doubles it.
| Trade size | 0.5% would be | You pay | Effective rate | Round trip |
|---|---|---|---|---|
| $10 | $0.05 | $0.95 | 9.5% | $1.90 |
| $20 | $0.10 | $0.95 | 4.75% | $1.90 |
| $50 | $0.25 | $0.95 | 1.9% | $1.90 |
| $100 | $0.50 | $0.95 | 0.95% | $1.90 |
| $190 | $0.95 | $0.95 | 0.5% | $1.90 |
| $500 | $2.50 | $2.50 | 0.5% | $5.00 |
| $1,000 | $5.00 | $5.00 | 0.5% | $10.00 |
| $5,000 | $25.00 | $25.00 | 0.5% | $50.00 |
The practical rule: trade $200 or more per position and the fee is exactly what the app advertises. Trade $20 and you need the token to move 10% before you are even. The referral code lowers the percentage, not the floor, so it helps from about $190 upward and does nothing on a $10 buy.
Blue-chip fees: 0.05% on BTC, ETH and SOL
The Crypto tab, which lists the majors with a verified tick, carries a different rate: 0.05%, a tenth of the meme coin fee. Fomo's own line is "lowest fees on blue chips, anywhere", and against Coinbase's roughly 0.6% to 1.5% plus spread, or Binance's 0.1% base rate, it holds up. It makes Fomo an unusually cheap way to buy $1,000 of BTC or SOL with Apple Pay and hold it in a self-custodial wallet, which is not what the app is known for but is one of the better deals in it.
Perps fees
Perpetual futures run through Hyperliquid and Trade.xyz. Fomo takes 0.05% per side as its builder fee, and Hyperliquid charges its own taker or maker fee on top, which was around 0.045% taker at the base tier in 2026. So a $1,000 position costs about $0.95 to open and the same to close, before funding. Cheap in absolute terms; a few traders on X point out that Hyperliquid's own maker orders cost less, which is true if you place limit orders directly there. Perps are closed to US persons. More in Fomo perps.
Costs that are not fees
Slippage and price impact
A market buy on a thin token fills above the chart price and a market sell fills below it. On a fresh launch this can be several percent, which is why complaints of "paying 3% fees" appear when the fee was 0.5%. Fomo shows the expected price impact on the confirm screen and will block a sell it judges too damaging, which is its own complaint.
The on-ramp fee
Apple Pay and card deposits pay Coinbase's processing fee, typically a few percent on small amounts. Sending USDC or SOL from an exchange avoids it.
Spread on blue chips
The 0.05% fee is real, but the route still crosses a DEX pool. On BTC and ETH the spread is negligible; on smaller "majors" it is not.
Losing the trade
Not a fee, but the actual cost for most users. The review goes through the numbers.
Fomo fees vs Axiom, GMGN, Photon and Phantom
| Fomo | Axiom | GMGN | Photon | Phantom | |
|---|---|---|---|---|---|
| Spot fee | 0.5% (0.45% code) | 0.75% to 0.95% net | 0.7% code, 1% without | 1% | 0.85% |
| Blue chips | 0.05% | same as spot | same as spot | same as spot | 0.85% |
| Gas | Paid by Fomo | You pay | You pay | You pay | You pay |
| Minimum | About $0.95 | None | None | None | None |
| $20 trade | $0.95 | About $0.47 | About $0.44 | About $0.50 | About $0.47 |
| $1,000 trade | $5.00 | About $8.80 | About $7.30 | About $10.30 | About $8.80 |
Rival figures use each platform's published rate plus about $0.30 of Solana gas and priority fee per trade. Axiom is shown net of its cashback. Full comparisons: Fomo vs Axiom, Fomo vs GMGN, Fomo vs Photon, Fomo vs Phantom.
How to pay less on Fomo
Enter the referral code at sign-up 10% off
Referral code
GEMQUEENXon the sign-up screen cuts every trading fee by 10% for the life of the account. The app asks once. Details on the referral code page.Size trades above $200
That is where 0.5% overtakes the $0.95 floor. Five $40 buys cost $4.75 in fees; one $200 buy costs $1.00 for the same exposure.
Deposit crypto, not cards
USDC or SOL from an exchange arrives with no Fomo fee. Apple Pay is faster but pays the on-ramp's cut.
Buy majors in the Crypto tab
BTC, ETH and SOL cost 0.05% there. If part of your balance is going to sit in majors anyway, this is the cheapest place to hold it.
Read the fee line before you confirm
Fee and price impact are both on the buy screen. If the impact is bigger than the fee, the token is too thin for the size.
"Lowest fees on blue chips, anywhere"
Fomo's own clip for the 0.05% blue-chip rate. Twenty seconds, one number.
Fomo fees questions
How much are the Fomo app fees?
Spot trades on meme coins and other tokens cost 0.5% each, with a minimum of about $0.95. Blue-chip tokens such as BTC, ETH and SOL cost 0.05%. Perps cost 0.05% per side plus the Hyperliquid protocol fee. Gas is paid by Fomo on all six chains. Referral code GEMQUEENX takes 10% off the trading fee.
What is the minimum fee on Fomo?
About $0.95 per spot trade on Solana. It replaces the 0.5% rate whenever 0.5% would come to less than that, which happens on every trade under about $190. On a $20 buy the minimum works out to 4.75%; on a $500 buy it never applies.
Does Fomo charge gas fees?
No. Fomo pays the network gas on Solana, Base, BNB Chain, Monad, Ethereum and Robinhood Chain and rolls it into the 0.5%. You never hold SOL, ETH or BNB for fees and there is no priority-fee setting. That is the main reason Fomo comes out cheaper than terminals on trades above about $200.
Are there deposit or withdrawal fees on Fomo?
Crypto deposits are free apart from the network fee your sending wallet pays. Apple Pay, Google Pay and card deposits go through the Coinbase on-ramp, which shows its own processing fee on the confirmation screen before you pay. Withdrawals to another wallet settle on-chain; Fomo shows the network cost, which on Solana is a fraction of a cent.
Is Fomo cheaper than Axiom, GMGN or Photon?
On anything above about $200 a trade, yes. Fomo charges 0.5% with gas included, or 0.45% with a code. Axiom nets out at roughly 0.75% to 0.95% after cashback, GMGN 0.7% with a code and 1% without, Photon 1%, and all three add your own gas and priority fees. On trades under $50, the $0.95 minimum makes Fomo the more expensive option.
Why are people on X saying Fomo fees are high?
Two reasons, both real. Small traders hit the $0.95 minimum, which turns a $10 buy into a 9.5% fee. And market buys on thin tokens fill at a worse price than the chart shows; that slippage feels like a fee even though it is the pool, not Fomo. The percentage itself is the lowest in the category.
Pay 0.45% instead of 0.5% on every trade
The referral field appears once, on the sign-up screen. Copy the code now so it is ready when you get there.
GEMQUEENX
10% off fees
