fomo trading app: seven chains, one account

What is fomo trading?

fomo is a consumer trading app built by FOMO Labs, Inc., a New York company. It lets you buy and sell crypto tokens on seven blockchains from a single account with one cash balance, so you do not need a separate wallet or a bridge for each network. The official website is fomo.family.

What makes fomo different from a plain exchange or a trading bot is the social layer, the basis of fomo copy trading. The home screen lists tokens with filters such as verified, trending and most held. A social feed shows trades from people you follow and from top traders, a leaderboard ranks traders, and each profile shows portfolio performance and activity. When a trader you follow buys or sells, fomo can notify you, and you decide whether to copy the trade.

In June 2026 fomo added perpetual futures powered by Hyperliquid and Trade[XYZ], covering crypto, equity, index, commodity and pre-IPO markets with isolated margin. The same month FOMO Labs announced a $75 million Series B led by Index Ventures and said the app had 600,000 users and more than $4 billion in trading volume.

Why open a referral link before you sign up?

Because the referral can only be attached to a brand-new account. fomo's help center says a referral code is applied on the signup screen and that there is no field in the app to enter one afterwards. Register straight from the app store without one and your account pays the full standard fee from then on.

With a referral attached, fomo lowers the standard 0.50% trading fee to 0.45% on every eligible trade for the life of the account. You do not type anything and you pay nothing extra. The referrer's reward comes out of fomo's own fee, not out of your balance. Pages promising far bigger discounts do not match fomo's documentation; we explain why on the fomo referral code page.

How much does fomo trading cost?

The trading fee depends on the chain and, on Solana, on the order size. On every chain except Solana you also pay the network fee on top of fomo's fee. This is the part many guides get wrong, so here is fomo's published schedule.

Two practical consequences. Very small Solana orders are expensive in percentage terms: a 10 USDC buy pays 2%. And on Ethereum the network fee can be larger than the trading fee for a small order. The full breakdown, including perps fees, is on the fomo fees page.

How do you start fomo trading?

Crypto deposits are USDC only, on Solana, Base or BNB Chain; sending another token, or USDC on another network, can lose the funds. The detailed walkthrough is in our step-by-step fomo sign-up guide.

Is the fomo trading app safe?

fomo describes its wallet as non-custodial. The wallet is generated and managed by Privy, a third-party wallet infrastructure provider. According to fomo, your private key is split into shares with Shamir's Secret Sharing and only reassembled inside trusted execution environments when a transaction is signed. Face ID protects app access, withdrawals and key export, and you can export your private key to use your funds in another compatible wallet. How to fund, withdraw and export is in our fomo wallet guide.

That design protects against some risks and not others. It does not protect you from buying a token that goes to zero, from sending USDC on the wrong network, or from phishing sites that imitate fomo. fomo's architecture article does not mention a third-party security audit. The details and the limits are on the fomo safety page.

Fomo app, fomo crypto, fomo family, fomo trade: what people actually mean

People search for the same product in different ways. A fomo trade is simply a trade placed in the app described on this page, and fomo trading app means the app itself. Fomo crypto can mean the app, but also unrelated tokens with FOMO in the name, which is why we wrote a separate page on fomo crypto and the FOMO token confusion. Fomo family usually means the official website, fomo.family, or the company behind it; our fomo family page lists the real addresses and how to spot fake ones. If you mainly want memecoins, start with how to trade meme coins on fomo.

Is the fomo trading app worth it?

For a new trader who wants to buy tokens on several chains without learning wallets, bridges and gas, the fomo trading app removes almost every technical step, and it holds a 4.8 rating from about 19,000 App Store ratings. The trade-offs are documented rather than hidden: small Solana orders pay a 2% tier, chains other than Solana add a network fee, first bank withdrawals can need extra verification, and trending tokens can collapse. Our fomo app review sets the praise in user reviews against the most common complaints.

Fomo trading guides by topic

Who should not use fomo?

• Anyone who cannot afford to lose the full amount they deposit. Memecoins in particular can fall to zero within hours.
• People in a restricted location. fomo's terms bar access from places including Crimea, Cuba, Donetsk, the Democratic Republic of the Congo, Iran, Libya, Luhansk, Myanmar, North Korea, Sudan, Venezuela and Yemen, plus sanctioned jurisdictions, and prohibit using a VPN to get around that.
• US persons who want perpetual futures. fomo perps are not available to US persons.
• Traders who mostly place very small Solana orders, where the 2% tier makes each trade relatively expensive.

What did we check, and what did fomo not publish?

We read fomo's trading fee article, its referral article, the Terms of Service dated 17 August 2026, its wallet security article, its deposit and withdrawal guide, the perpetuals launch post and the Series B press release, and last verified them on 9 October 2026. fomo does not publish which exchanges or launchpads it routes each chain's orders through, what card or Apple Pay deposits cost, the maximum leverage on perps, or a security audit, so we do not guess. Our process is on the methodology page, and how this site earns money is on the disclosure page.

frequently asked questions