Review

Fomo App Review: Trustpilot, Reddit, X and Traders

This Fomo app review pulls together what traders post on X, the threads on Reddit, the one-star reviews on Trustpilot and the 19,000 ratings on the App Store and Google Play, then adds our own verdict. Short version: Fomo is the fastest way to buy a meme coin and the only app where you watch other traders do it first, at 0.5% with gas paid and no seed phrase. It has no limit orders, no stop loss on spot, and slow support.

  • Independent, not affiliated with FOMO Labs
  • Updated September 2026
Referral code GEMQUEENX 10% off fees
Our verdict 4.1 / 5. Best app for following traders. Not a terminal. Score from seven criteria, weighted toward what a memecoin buyer uses daily.
  • Ease of use4.8
  • Social feed and copy trading4.7
  • Fees4.4
  • Security and custody4.3
  • Perps4.0
  • Order tools2.6
  • Support2.4

Fomo app ratings on every marketplace

Three public scores, a forum, a data source, and a gap that tells you more than any single number.

App Store 4.8/5 15.6K ratings · 17+
Google Play 4.7/5 3.99K ratings · 500K+ installs
Trustpilot 2.3/5 6 reviews in 12 months, all one star
Reddit Mixed No score; threads split between "works great" and "could not sell"
DefiLlama #1 Solana By 7-day protocol revenue, Aug 2026

Store scores are pulled from the listings; Trustpilot from trustpilot.com/review/fomo.family; the DefiLlama rank from its Solana protocol revenue table, checked September 6, 2026. Our own score is the ring above, not an average of these.

Is the Fomo app good?

Fomo is a good app for buying meme coins fast and copying traders, with a 0.5% fee, gas paid and no seed phrase. It is a weak app for anyone who needs limit orders, a stop loss on spot, or quick support.

Overview

What the Fomo app is

Fomo is a mobile-first crypto trading app from FOMO Labs, a San Francisco team of former dYdX engineers, with a web version at fomo.family. It launched on iPhone in April 2025, on Android a month later, and has since raised $94M, most recently a $75M Series B led by Index Ventures in June 2026. The pitch is simple: trading as a feed. You follow traders, see their buys and sells the moment they land onchain, and buy the same token in one tap from a single USD balance that covers Solana, Base, BNB Chain, Monad, Ethereum and Robinhood Chain. By August 2026 DefiLlama had it above Phantom and Jupiter in weekly protocol revenue, on the back of roughly 625,000 users. Full background in Is Fomo app legit and safe?

The feed

Fomo app review: the feed and copy trading

This is the part of the review that decides whether Fomo is for you. Open the app and the home tab is not a chart, it is people: who bought what in the last few minutes, at what price, and what they wrote about it. Follow a wallet and its trades push to your phone. Tap one and you are on the token page with the buy button under your thumb. The leaderboard ranks the top meme coins and the top traders per chain over 24 hours, 7 days and 30 days, and each trader's profile shows a public PnL, which makes it hard to fake a track record.

Two honest caveats. Copy trading is manual: you see the trade and press buy yourself, there is no auto-mirror that fires while you sleep. And the feed rewards speed, which is a polite way of saying it is designed to make you press the button. Both are by design, and both are why the volume numbers look the way they do. More in Fomo copy trading.

Fees

Fomo fees review: 0.5% and the $0.95 floor

Every spot trade costs 0.5%, or 0.45% with referral code GEMQUEENX, and Fomo pays the gas on all six chains. Against Axiom at 0.75% to 0.95% net, GMGN at 0.7% to 1% and Photon at 1%, all plus your own gas and priority fees, Fomo is the cheapest app in the group for anything above $200 a trade. Below that, the $0.95 minimum takes over: a $50 buy costs $0.95, which is 1.9%, and a $20 buy costs almost 5%. Small-position traders notice this fast and it is the second most common fee complaint after "the fee is not shown until the buy screen", which is true, it is shown there and nowhere earlier. Perps cost 0.05% per side plus the Hyperliquid protocol fee. The fees page has every number.

Wallet

Fomo wallet and security review

Sign up with an email code, Apple ID or Google account and a self-custodial wallet exists thirty seconds later. The private key is split with Shamir secret sharing between your device and Fomo's infrastructure through Privy, so FOMO Labs cannot sign a transaction without your login, and you never see a seed phrase. You can export the key to Phantom or Backpack from settings. Face ID on trades and withdrawals arrived in January 2026 and is off by default; turn it on. The weak spot is recovery: lose both your email and your Apple or Google login without an exported key and the wallet is gone. That is the trade for not having a seed phrase, and the app does not warn you loudly enough about it.

Perps

Fomo perps review

Perps arrived in June 2026, executed on Hyperliquid and Trade.xyz rather than on Fomo's own infrastructure. You get BTC, ETH, SOL and HYPE, equity perps like NVDA and GOOGL, the S&P 500 and Nikkei, gold, oil and pre-IPO exposure such as SpaceX, with take profit, stop loss and limit orders drawn on the chart. It works, and it is the only place in the app where you get proper order types. It is also closed to US persons, by location and by terms, and a leveraged position on a Solana meme coin app is a fast way to turn a bad day into a liquidation. Details in Fomo perps.

Support

Support, sells and the Trustpilot problem

Here is where the 4.8 and the 2.3 meet. The complaints across the App Store, Google Play and Trustpilot are the same three, in the same order. Sells that fill late or badly during a dump, which is on-chain liquidity draining but feels like the app freezing. Login errors, usually "Error signing in" with Apple or Google, that lock people out for an hour or a day. And support that answers with a template, or not at all. Trustpilot's six reviews in the last year are all one star and all about those three things, plus tokens with a verification tick that still went to zero. That last one matters: the blue tick is a liquidity and contract check, not an endorsement, and the app could say so more clearly.

What the complaints are not about is Fomo taking money. In several hundred store reviews and every Trustpilot entry we read, nobody documents funds leaving a wallet without a trade. The losses are real; the mechanism is memecoins.

Fomo app pros and cons

Pros

  • The trader feed and public PnL; nothing else in the category has it
  • 0.5% flat fee with gas paid, cheapest of the terminals above $200 a trade
  • Apple Pay and Google Pay in, funds ready in about a minute
  • Six chains from one balance, no bridging, no gas tokens
  • Self-custodial with no seed phrase; keys exportable
  • Same account on iPhone, Android and the web terminal with TradingView charts
  • Perps on crypto, stocks, indices and commodities from the same balance

Cons

  • No limit orders, take profit or stop loss on spot
  • The $0.95 minimum makes trades under $50 expensive
  • Sells can fill late in a fast dump; the app gets blamed for the pool
  • Support is slow and templated; login errors can lock you out
  • No auto copy trading; you press the button yourself
  • Perps and Robinhood stock tokens are closed to US users
  • The feed is built to make you trade more, which costs money
What users post

Fomo app reviews on X, by topic

Real posts, quoted as written, each linked to the original. Filter by what you care about.

Jaredad.🐸®️@_Jaredad · 2026-09-05

You can buy any coin now on FOMO app It supports all chains All u just need is copy the C.A of any coin in the search bar I won't be dropping my fomo ref link for anyone to sign up with due to security reasons.

View on X
designer@chriswallace · 2026-09-05

started screwing around with trading memes on the @fomo app. nothing serious here folks but feel free to follow my trades: https://fomo.family/profile/chriswallace up about 2x since I joined yesterday but I expect that to change very quickly 🤣

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Osaid@osaidbk · 2026-09-05

Tested Fomo App months ago and barely touched it since. Opened it again today for one reason: buy more $MMO. This is why social trading works. When the users and activity are already there, attention can turn into real onchain action fast.

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mino@bruhbearr · 2026-09-05

well folks it took 1 month but i finally did it. $500 to 100k publicly on fomo. im at a loss for words. ive made 6 figures and lost it all numerous times. but this time feels different. if you can replicate a result this much its no longer luck, but a skillset imo. earlier this year i had 10k left to my name and pivoted to stocks. lost everything except $500. pivoted back to what i knew best. and here we are. biggest change i made was mental. believing in my own selections. believing i was the best even though in far from it. my journey is still far from over. i have parents to retire, a brother to hell out. and people close to me that deserve everything for their support. let us all win this cycle.

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J@redemptionjizzy · 2026-09-05

Fomo app turns trading into a fucking movie, this cycle will be the phantom screenshot era on steroids

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Exoqd@ExoqdWeb · 2026-09-04

I love the fomo app

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zero@zerothustra · 2026-04-29

terminals usually too advanced for us uncs but fomo app made it easy and smoov, /uncmode

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Mito@Mahdi00100 · 2026-09-05

Took a look at Bitcoin on @fomo today ✌️ Around $1M in 24h volume and things seem pretty calm for now. Probably we see some movement tomorrow. Also, I really like how clean the Fomo UI is. You can deposit, buy or sell with just a few clicks. If you haven't tried it yet, I'd definitely give it a shot. Worth checking out.

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Neo0o0o 🐂🀄️@_Nxxx00 · 2026-09-05

Example: alpha does not get lost in the noise. This guy has a P/L of $5.4m right now on fomo. Because I follow only a few accounts, I only get notified once in a while when they either write a thesis or make a move (buy/sell).

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Aura@auramoneyman · 2026-09-04

fomo app has axiom by the balls.

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DeeZe ⛳🏌️‍♂️@DeeZe · 2025-12-30

I have seen multiple friends get hosed multiple times over the last few days on Nick Shirley's zora coin Thanks to the fomo app for the notis

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Julia 💫@cryptansha · 2026-08-31

just joined @fomo app honestly i am a bad trader, so i am thinking of following someone's trades who should I copy trade?

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Slomdog@BryanSloma · 2026-07-14

Fomo app was super easy to buy on. And https://pump.fun/ if have to use.

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Ezra Galston@EzraMoGee · 2026-07-14

best idiot proof way is fomo app or pumpfun app. robinhood wallet is also solid.

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Eila@EternalEila · 2026-07-14

fomo app is getting popular quick

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Hero Or Zero@IacobGeorgian · 2026-09-04

$eGLD on @fomo app LMAO 🤣 "Potential SCAM" they say. @MultiversX @beniaminmincu @lucianmincu get in touch with the FOMO guys and fix it ASAP. FOMO is going to get used by every crypto trader out there. This can get attention.

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PolySuccubus@polysuccubus · 2026-09-05

ALTSEASON STARTED ON ROBINHOOD RIGHT NOW new memecoins are printing 2x, 5x, 10x and even 100x profit every day every day new millionaires are born the new meta for FOMO app traders is here everyone is hunting for that one life changing trade

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bigchog@bigchog · 2026-09-04

if your friends are talking about 1. gas is too expensive 2. fees on fomo are too high 3. the mint price is too much (it's $20) 4. bridging to zec chain is difficult and costly it's time to find new friends

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SamWeb3@sam_web3 · 2026-09-05

Hear $SOL fud every cycle this is the 3rd upcoming one , The main chain for the FOMO app for deposits in usdc is on Solana so cleary there using Solana chain to onboard, without Solana there won't be no deposits

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Liam@Digital_Liam_ · 2026-09-05

bro can they just hack my email and steal ALL my @fomo funds?? not if you follow these 3 steps: 1. add 2FA to your google account 2. enable Face ID on the fomo app (pictured) 3. lose your money faster than someone figures out how to hack your email

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𝗧𝗼𝗽 𝗚@topg_web3 · 2026-09-05

which is the better trading app: pumpfun or FOMO? I got $18 on FOMO though, let's see how it turns out.

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Hailey Welch@hailey_cryptoo · 2026-09-05

out of 500k users on fomo only 2500 people made more than 1K in last 3 months that means over 99.5% people have lost money or barely made any money it's great to see crazy pnls but don't mistake that in the end its all a casino

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Ansem@ansemstealth · 2026-09-05

500K people traded on FOMO. 2,500 made more than $1K over the last 3 months. Read that again. That's 0.5% of users clearing $1K The insane PnLs you see are the exception, not the norm. You're watching the winners because nobody posts the thousands of accounts that got smoked. There's nothing wrong with enjoying the chaos. Just remember what you're looking at: a casino with a leaderboard.

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☝Nomad's Crypto 🪖@Nomads_Crypto_ · 2026-09-05

Fomo is Bunk too. High ass fees & you literally can't even transfer shit. You have to sell your bag to be able to withdraw from @Fomo WTF is that Shit .... I wish I knew this shit. I NEVER would have bothered using it. TBH - Both are a Negative Sum Game now. Only The Cool Kids get paid

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lonespaceman@lonespaceman42 · 2026-09-04

@fomo look check out those fees!! more than I had to sell. I suck enough as degen. I don't need anyone making it so I can't sell for the few dollars I have left

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Rev Run@JLKHatesYou · 2026-09-04

The fomo app is genuinely unusable and the pump app just looks ugly and is home to the worst traders in existence I wish @phantom didn't drop the ball I can't believe they fumbled like this with that hideous UI 💔

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nftimm | thesyndicate.games@nftimm · 2026-09-05

Why is it even a FEATURE that I'm not allowed to sell a token because of price impact???? Let me accept that it's high price impact and then sell... Just rode down a 100% profit to a loss because IT WOULDN'T EVEN LET ME SELL $20. Honestly @fomo this is becoming completely unacceptable for the app to be this bad.

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maxwin@maxwin · 2026-08-16

fomo fills are so terrible right now and its very obviously being exploited. moving all my funds off there. truly untradable and infuriating getting DRILLED on sells because relay rape and then getting filled 20% higher + paying 3% fees when buying. lmk when fixed. thx.

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lyxe@cryptolyxe · 2026-08-16

FOMO app please fix your orders i legit can't purchase any coin that has crazy volume half my orders fail and then gets stuck in loading

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T1H@tier1haterr · 2026-08-11

also worth noting where fomo's revenue actually comes from. it's not the whales. it's the smaller accounts, anyone sized under $190, because that's where the $0.95 minimum fee stops being a percentage and starts being a tax. a simple $2 trade gets $0.95 taken off the top. that's nearly half your buy gone before you even hold the token. now say you round trip it and you've paid $1.90 in fees on a $2 position. you'd need the coin to basically 2x just to break even. the fee structure isn't an accident, median fee paid is 1.90%, almost on par with the terminals like Axiom, Terminal etc... it's aimed at the exact users the app markets to. new traders, small deposits, exact demographic of people you will find on tiktok giving memecoins a try.

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Coffee and 26 others@CasterNL · 2026-08-13

When you first download the FOMO app, the WORST thing you can do is follow everyone on the leaderboard. "Binkieee bought this." "Aurelius bought this." "Frank bought this." It's a trap and your dopamine spikes. You think, "These guys have money. If I copy them, I'll make money too." NO. You will literally get farmed. You CANNOT copy trade these people. You are playing a game THEY designed. They have information, connections, side wallets, and opportunities you cannot see. Do not imitate them. Just observe. Sharpen your instincts on good coins and make your own plan.

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cryptobaddie@cryptobaddiee1 · 2026-08-17

How to avoid high fees while using fomo app (since that's what everyone seems to be bitching about ) 1. Follow the traders you think have insider infos and with good track records on fomo 2. When they buy tokens you like , copy ca 3. Go to maestro bot and buy Simple and short , no need for all these bitching …. Unless yall want to show off your pnls , I don't see any problems here

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FaZe Wasp@wassplol · 2025-12-30

Ig it Depends on limitations of the deal but exclusively trading on fomo would be extremely limiting for anyone good at trading, it's cool and fun but lacks quite a lot

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sisma@_sprotisma_ · 2026-09-02

Lol so basically on fomo you're paying a 0.5% fee without any access to limit orders for your memecoin holdings And with perps instead of 0.0144% trading fee for limit orders they want us to pay 0.06% which is higher than what you'd pay for a market order on HL I like the UX but so far don't rly get where the social aspect makes up for additional fees why would I move size onto the app with risk exposure to Privy?

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zilbaghodler@zilbaghodler · 2026-04-29

guys will post a thesis on fomo saying 20m runner and then clip out their whole bag 20 mins later

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nftimm | thesyndicate.games@nftimm · 2026-09-05

yeah, that's the last straw, I am completely done with @fomo i had to scramble to export my private key and import to @gmgnai where I could sell instantly. such a shame because the social elements of the app are so cool - but it has become completely unusable.

View on X

Fomo app review on Reddit

Reddit has no rating for Fomo, and the threads are thinner than the app's size suggests, because most of its users live on X, not Reddit. What exists sits in r/solana, r/CryptoCurrency and r/memecoins and splits the same way the store reviews do: people who came for the feed and one-tap buys say it works and the fee is fair; people who bought a fresh launch and could not sell into the dump call it a scam. Read the replies rather than the titles; the useful ones explain that the sell failed because the pool emptied, not because the app took anything. Search it yourself: reddit.com/search?q=fomo.family.

App Store and Google Play

What the store reviews say

Twelve reviews pulled from the two listings, six each, chosen to match the overall balance: mostly positive, some mixed, a few angry. Quoted as written; avatars are generated.

HerbnhalerAug 28, 2026 · App Store

Puts actual runners in the trending. Unlike pump, it puts real runners in in the trending. Pulls coins from various launchpads. Great so far but only time will tell.

RepoMan1121Sep 01, 2026 · App Store

Stick with it. At first this all seems very confusing but I've been at it for a little while now and things get much easier. Don't get frustrated.

ikrahimSep 02, 2026 · App Store

Very good app. It’s a good app but I would to see price alerts notifications then this will be the best app ever

Andrew GoatzAug 26, 2026 · App Store

Solid App. Fun, easy, great UI, bid ask spread could be better

ImbeingHonestyAug 31, 2026 · App Store

Delays. The app is great, but there’s always a delay when buying and selling. I only mention it because I’ll enter at a certain price, but the delay sometimes causes my average entry to be higher than what I actually bought at. With selling, I sometimes end up taking a loss because of the 3–5 second delay.

39DeepAug 31, 2026 · App Store

Buggy and heats up the phone. This thing heats up your phone and starts draining battery like crazy within a few minutes of use. I know it’s not just me since other people I know have the same issue. How does a company with that much money behind it have no idea how to optimize their app? I have much more intensive apps that run without issue.

Sufian KAug 14, 2026 · Google Play

Great application for trading coins from any blockchain. Ease of use for everyone from newbies to experienced players. Nice not to have to bridge crypto to buy a trending coin. Watching top traders helps as well.

adam CAug 01, 2026 · Google Play

love this platform, simplifies everything across chains and the discovery features are hands down the best for finding quality tokens. excellent for both beginners and advanced traders

Josue GonzalezJul 27, 2026 · Google Play

the buys of crypto is fast and simple. no problems so far. Will update once time has passed from using the app more.

Ryan MillerAug 24, 2026 · Google Play

perps are great based on hyperliquid but it would be nice if I could hedge positions and have multiple close limits (aka take profit levels). when I try to open more than one my earlier ones seem to disappear, not sure if that's intentional or not

Richard GrigsbyAug 11, 2026 · Google Play

the only reason I'm giving it a 4 is because the websockets on mobile constantly drop and real time data is crucial for trading, and there no way to set take profit and stop loss

Kraden LetreAug 04, 2026 · Google Play

Worked completely fine until I got logged out randomly and now my account with all my money is stuck in here. Especially with all the fees and delayed buys and sells you're not gonna profit off of this.

Who it is for

Who the Fomo app is for

Use it if

you buy meme coins a few times a week off other people's calls, want Apple Pay in and one tap to buy, and would rather follow five good wallets than read fifty charts.

Use it with something else if

you snipe launches, need limit orders on spot, or run more than one wallet. Fomo for the feed, Axiom or GMGN for execution.

Skip it if

you want a regulated exchange with deposit insurance and a phone number, or you know you will not export the key and would panic at losing an email login.

Alternatives

Fomo app alternatives

Same job, different trade-offs. Each link is a full comparison: Fomo vs Axiom for order tools, Fomo vs GMGN for multi-chain terminals, Fomo vs Phantom for a plain wallet, Fomo vs Moonshot for fiat-first apps, Fomo vs Photon, Fomo vs BullX and Fomo vs Trojan for the rest of the terminal field.

Verdict

Verdict

Fomo earns its 4.1. It is the best app in its category at the one thing it set out to do, which is turning other people's trades into your buy button, and it charges less for it than the terminals it now out-earns. It loses points where every fast-trading app loses them, on order tools and support, and it loses one more for a fee floor that quietly punishes beginners with $20. If you trade meme coins on a phone, install it and use referral code GEMQUEENX for the 10%. If you trade with limit orders, keep your terminal and add Fomo for the feed.

FAQ

Fomo app review questions

Is the Fomo app good?

For buying meme coins fast and following traders, yes: the feed, Apple Pay deposits and the 0.5% fee with gas paid are better than any wallet or terminal in the same price range. For anyone who needs limit orders, stop losses or quick support, no. Our overall score is 4.1 out of 5.

Is the Fomo app legit or a scam?

Legit. FOMO Labs, Inc. has raised $94M from Benchmark, Index Ventures and Union Square Ventures, the app is on both stores under that company name, and the wallet is self-custodial so the company cannot move your funds. The scam accusations in reviews are about tokens that went to zero, which the app makes very easy to buy, not about Fomo taking money.

Why is Fomo rated 4.8 on the App Store but 2.3 on Trustpilot?

Sample size and who bothers. The App Store score comes from 15.6K ratings, Google Play from 3.99K. Trustpilot had six reviews in the last twelve months, all one star, all about failed sells, support or a token that rugged. People go to Trustpilot to complain; they rate in the store when the app asks. Both are real signals: the product works, and when it does not, help is slow.

What are the main complaints about the Fomo app?

Three, in order: sells that fill late or badly during a fast dump, login errors that lock people out for a while, and support that answers slowly. Behind all three is the fourth, which is losing money on meme coins, and that one the app cannot fix.

How much does the Fomo app cost?

Nothing to download or subscribe. Each spot trade costs 0.5%, or 0.45% with referral code GEMQUEENX, with a minimum of about $0.95. Perps cost 0.05% per side plus the Hyperliquid fee. Gas is paid by Fomo on all six chains.

What is the best alternative to the Fomo app?

Depends on what you miss. For limit orders and sniping, Axiom or GMGN. For a plain wallet with wider DeFi access, Phantom. For fiat-first simplicity with a similar feel, Moonshot. None of them have the trader feed, which is the thing Fomo does that nobody else does.

Try Fomo with 10% lower fees

Install, paste the code on the sign-up screen, start with $50 you can lose. That is the review's only recommendation.

Code GEMQUEENX 10% off fees