Short answer: 0.50% per trade, with a $0.95 minimum on Solana and no minimum on Base and BNB Chain. Gas is included. The catch is the floor: below about $190, you pay $0.95 regardless, which makes a $20 trade cost 4.75%.
Why this question is hard to answer, and how we answered it
Start with the thing nobody else mentions: FOMO does not publish a fee schedule. Its own answer page on the subject describes a “competitive trading fee” and a “straightforward percentage on trades” without ever stating the percentage. Every other page you will find asserting a number is either reading it out of the app or copying someone who did.
There is one published source. When Fortune covered FOMO's Series A, it reported the fee structure directly: 0.50% per trade, minimum $0.95 on Solana, no minimum on Base and BNB Chain, with no blockchain gas fees charged to the user. That is the figure this page uses, and it is linked at the bottom.
We can also check it independently, which is the part we have not seen anyone do. The same reporting gives FOMO's daily trading volume as $20–40 million and daily revenue as roughly $150,000. Take the midpoint of the volume range:
$150,000 revenue ÷ $30,000,000 volume = 0.50% effective take rate
The company's own revenue divided by its own volume lands exactly on the reported fee. Two independent numbers from the same article agree with each other. That is as close to confirmation as an outside observer gets without a screenshot of the app.
What you actually pay, by trade size
| Trade size | Fee | Effective rate | Saved with a code |
|---|---|---|---|
| $20 | $0.95 | 4.75% | $0.00 |
| $50 | $0.95 | 1.90% | $0.00 |
| $100 | $0.95 | 0.95% | $0.00 |
| $190 | $0.95 | 0.50% | ≈$0.00 |
| $500 | $2.50 | 0.50% | $0.25 |
| $1,000 | $5.00 | 0.50% | $0.50 |
| $10,000 | $50.00 | 0.50% | $5.00 |
The pattern in that table is the single most useful thing to know about trading on FOMO, and it has nothing to do with referral codes: trade in blocks of $200 or more. Ten $20 buys cost $9.50 in fees. One $200 buy costs $1.00. The minimum punishes exactly the behaviour a social feed encourages — small, frequent, reactive trades.
Where the discount does and does not help
A referral code takes 10% off the standard trading fee, so 0.50% becomes 0.45%. Look at the right-hand column above: the saving is real and permanent, but it is a rounding error next to the minimum-fee problem. Sizing your trades above $190 saves you multiples of what any code does.
Both are worth having, and the code is the one with a deadline — FOMO only accepts a referral code during signup. Get the discount on the way in, then size your trades properly forever after.
The costs that are not the trading fee
- Apple Pay and card purchases: the payment provider adds its own spread. Compare the quoted total to the market price before confirming.
- Slippage: on thin memecoin liquidity this routinely costs more than the fee. The app shows it before you confirm.
- Ethereum trades: pay the percentage plus network gas. The gasless promise covers Solana, Base and BNB Chain.
- Withdrawals: network fees apply, and FOMO publishes no fixed withdrawal schedule. Read the quoted fee in the withdrawal screen.
This answer expires
The Fortune reporting dates from November 2025. FOMO has raised a $75 million Series B since then and has not published an updated schedule. Fees can change without an announcement when there is no announcement page to change. Read the fee line in the app before you trade — every time. We re-check this page weekly and date every revision.
More depth: the full fee breakdown covers perpetual futures and deposit costs, and the referral code page shows what every FOMO code in circulation actually offers. Deciding whether to use the app at all? The review and safety breakdown cover that.
Sources
Every figure on this page comes from one of these. We link them so you can check us rather than trust us.