Fomo Fees Explained
fomo's standard fee is 0.50% on every buy and every sell. Signing up with referral code pav098 takes 10% off, lowering it to 0.45% for the life of your account. Solana orders under $190 are billed in flat bands instead.
The Standard Fomo Trading Fee
fomo takes a percentage of each trade instead of charging separate gas. fomo says it shows the total cost before you confirm, with gas included, so there are no surprise network fees or failed transactions that still cost you money. The fee applies to both sides of a trade: you pay it when you buy and again when you sell.
Small Solana Orders Are Priced Differently
According to fomo's help center, Solana orders under $190 are billed in bands rather than at 0.50%:
| Solana order size | fomo fee |
|---|---|
| Under $5 | $0.10 flat |
| $5 to $47.50 | 2% of the order |
| $47.50 to $190 | $0.95 flat |
| $190 and up | 0.50% (0.45% with pav098) |
fomo states the referral discount for the 0.50% rate. It doesn't say whether the flat bands are discounted, so the examples below only count savings at the 0.50% rate. On other chains every trade uses the percentage rate.
What the Fee Costs in Practice
| Monthly volume (buys + sells) | Fee at 0.50% | Fee with pav098 (0.45%) | You keep |
|---|---|---|---|
| $1,000 | $5.00 | $4.50 | $0.50 |
| $10,000 | $50.00 | $45.00 | $5.00 |
| $50,000 | $250.00 | $225.00 | $25.00 |
| $100,000 | $500.00 | $450.00 | $50.00 |
Volume counts both directions. Buying $500 of a token and selling it later is $1,000 of volume. The saving per trade is small, but active traders reach high volume quickly: at $20,000 a month, 10% off adds up to $120 a year. Try your own numbers in the fee calculator on the home page.
See What You Save on Every Quick Buy
Tap an amount, the way you would on fomo's quick-buy buttons. Savings shown at fomo's standard 0.50% rate; small Solana orders under $190 are billed in flat bands.
Illustration, not a real fomo screen.
pav098 0.45%$0.00What's Included in the Fee
- Gas: fomo includes network costs in the price you see.
- Order routing: trades go through DFlow, which fomo says improves execution and helps protect against front-running (MEV).
- No hidden spread: fomo says the price you see is the price you get.
Other Costs to Know About
- Slippage: on small, thinly traded memecoins the price can move between quote and fill. That isn't a fomo fee, but it affects what you get.
- Funding: card and Apple Pay purchases may carry costs from the payment side; check the summary before you pay.
- Withdrawals: bank withdrawals arrive within about 3 business days. See fomo withdrawal times.
- Perps and blue-chip tokens: these can carry a different, lower fee, and fomo doesn't say whether the referral discount applies to them, so don't count on it there.
How Fomo Compares
fomo's own comparison puts typical centralized exchange trading fees at about 0.1% to 0.6%, and decentralized exchange swap fees at about 0.25% to 1% plus gas, which can range from a cent on Solana to $50+ on a congested Ethereum. fomo's 0.50% sits in that range, and 0.45% with a referral code, for an app that handles wallets and gas for you.
What Traders Say About Fomo's Fees
Fees are the most common complaint about fomo on X. One trader with about 51K followers called them 5x higher than other platforms, and another described fees as relatively high on both deposits and trades. What you get for the fee is convenience: gas handling, a self-custody wallet and the social feed. See more opinions in fomo app reviews from traders.
How to Lower Your Fomo Fees
The way to lower the rate is a referral code. It's easiest to add at sign-up; if you missed it, fomo support can attach one to an account without a referrer. Open fomo.family/r/pav098 or enter pav098 during sign-up. Step-by-step instructions are in how to use a fomo referral code.
Sign up with referral code pav098 and pay 0.45% instead of 0.50% on standard fomo trades, 10% off for the life of your account.
Frequently Asked Questions
What are fomo's trading fees?
fomo's standard fee is 0.50% on every buy and every sell. With referral code pav098 it is 0.45%. Solana orders under $190 are billed in flat bands.
Does fomo charge gas fees?
fomo includes network gas in the price shown before you confirm, so there's no separate gas charge.
Is the fomo fee charged on buys and sells?
Yes. The percentage applies to both sides of a trade.
How do I get lower fees on fomo?
Use a referral code. pav098 takes 10% off the standard fee, from 0.50% to 0.45%, for the life of the account.
Do fomo fees differ on Solana?
Yes. Solana orders under $190 are billed in flat bands: $0.10 under $5, 2% from $5 to $47.50, and $0.95 from $47.50 to $190. Orders of $190 and up use the 0.50% rate.
Sources: fomo: Which memecoin trading app has the lowest fees? · Datawallet: Fomo referral code guide