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Fomo Trading: What the Fomo App Is and How to Use It
Fomo Trading means trading crypto in Fomo, a social app where every buy and sell shows up in a public feed. You follow traders, read why they bought and copy the trade by hand. It runs on iPhone, Android and the web.
What is Fomo Trading?
Fomo Trading is trading on Fomo, a social crypto app from FOMO Labs.
Fomo opened its public beta in May 2025 as a Solana memecoin app. The web version at fomo.family followed on April 29, 2026, and shares one account and balance with the phone.
You sign in with Apple or Google and get two wallets, one for Solana and one for the EVM chains. There is no seed phrase. The private key is split into shares that no single party holds, Fomo included, and you can export it at any time. The guide site Fomo Trading goes through the app tab by tab.
How does following traders work on Fomo?
You follow traders, watch their trades land and copy them by hand.
The Feed tab shows trades from the whole app, or only from people you follow, each with the token, the size and the profit or loss. Turn on alerts and your phone buzzes when someone you follow trades above a size you set. Nothing copies automatically. You place every trade.
Traders can attach a thesis of up to 3,000 characters to a position they hold. Since November 6, 2026, every profile has its own feed of trades and theses. The Leaderboard ranks traders, single closed trades and clans by profit.
What are Fomo clans?
Teams of traders ranked together by their combined profit.
Clans arrived in August 2026 and opened to every user on October 9. Nobody pools money. Each member trades their own balance, and members can see each other's profit and loss.
A clan page shows the members, their combined holdings, a feed and their theses. To start one, you name it and invite at least four traders. You can be in one clan at a time.
Which chains does Fomo support?
Eight at the time of writing, all from one cash balance.
They are Solana, Base, BNB Chain, Monad, Ethereum, Robinhood Chain, Arc and Elysium, which joined on November 9, 2026. Your cash sits in USDC, and Fomo routes each buy to the token's chain, so you never bridge. Since October 22, crosschain trades run on Fomo's own bridge, which it says lands them in under a second.
Fomo pays the gas on Solana. On the other chains you pay the network fee, shown in the quote.
How do you deposit on Fomo?
By debit card, Apple Pay, a linked exchange or USDC.
Card and Apple Pay deposits arrive as USDC within minutes. The payment provider's fee shows at checkout, and Fomo adds none. Where offered, you can pull funds from Coinbase or Cash App, or send USDC on any of the eight chains. The web app takes USDC only.
Can you trade perps and stocks on Fomo?
Yes. Fomo has offered perps through Hyperliquid since June 2026.
More than 290 markets cover crypto, stocks, commodities, indices, currencies and pre-IPO companies. Cross margin came on October 26, 2026. TWAP orders, which split a big order over 5 minutes to 7 days, followed on November 2. Fomo put its October perps volume at $5 billion.
Trader Rewards pay you a share of Fomo's fee when others trade after opening your thesis or profile.
What are the Fomo app fees?
Spot trades cost 0.50%, or 0.45% with code GemQueenX.
| Spot, EVM chains | 0.50% plus the network fee |
|---|---|
| Spot, Solana, $190 and up | 0.50%, gas paid by Fomo |
| Spot, Solana, under $190 | On the cheapest route: $0.10 under $5, 2% up to $47.50, then a flat $0.95 |
| BTC, ETH, SOL and other majors | 0.05%, with a minimum on small trades |
| Perps | Up to 0.05%, plus Hyperliquid's own fee |
| With code GemQueenX | 0.50% becomes 0.45%. Flat amounts and the 0.05% rate stay the same. |
Checked November 10, 2026. The confirm screen shows the fee before every trade.
Trade size matters on Solana. One $200 buy costs $1.00 in fees, while four $50 buys cost $3.80. Slippage is a separate cost, and Fomo lets you cap it. This breakdown of Fomo app fees prices more trade sizes.
How do you use the Fomo app?
Install it, sign in, enter code GemQueenX, then fund it.
Install
Get Fomo from the App Store or Google Play and check that the developer is FOMO Labs, Inc. On a computer, use fomo.family.
Sign in
Use Apple or Google, and always the same one. A different login opens a separate, empty account.
Enter the code
When the app asks, enter GemQueenX before your first trade. Your fee drops to 0.45% for the life of the account, and a code cannot be added later. This guide to the Fomo referral code GemQueenX shows how to check it worked. It is our code, so Fomo pays us part of its own fee. Any code gives you the same rate.
Lock it
Turn on Screen Lock and multi-factor authentication under Settings, then Security.
Fund and follow
Add cash, follow a few traders and keep your first trades small.
How is Fomo different from the Pumpfun app?
Fomo leads on perps and theses; the Pumpfun app on Pump.fun coins.
In the Pumpfun app you can launch coins, post callouts and set a stop loss on spot trades, at 0.40% per trade with code BonusReward. Neither app copies trades automatically (see copy trading on Pump.fun), and our Pump Fun vs Fomo comparison covers fees, chains and perps side by side.
Who is Fomo Trading for?
Phone-first traders who want to see real positions before they buy.
Fomo fits you if you
- Want to see what others buy, and why
- Fund with Apple Pay and skip the seed phrase
- Trade stock and index perps next to memecoins
- Use a phone and a laptop on one balance
Look elsewhere if you
- Need a stop loss or limit order on spot tokens
- Snipe launches or run many wallets
- Trade $20 at a time on Solana
What are the risks of Fomo Trading?
You can lose most or all of what you put in.
- Most memecoins fall close to zero.
- The trades Fomo promotes are winners. Losses rarely get a post.
- A trader you follow can sell into the buying their alerts create.
- Leverage can liquidate a perps position on a small move.
- Your wallet sits behind your Apple or Google login, so protect that account.
- Look-alike sites and fake support accounts copy the brand. Fomo never asks for your private key.
Fomo Trading FAQ
Is Fomo Trading the same as the Fomo app?
Yes. Both names mean the FOMO Labs app at fomo.family.
What is the Fomo referral code?
It is GemQueenX. Enter it at your first login, before any trade, and your fee drops from 0.50% to 0.45%.
Do you need a seed phrase for Fomo?
No. You sign in with Apple or Google, and you can still export your private key from Settings.
Does Fomo have a stop loss?
Yes, but only on perps at the time of writing. Spot tokens have no stop loss or limit orders yet.
Trade Pump.fun coins too? Use code BonusReward.
In the Pumpfun app, enter code BonusReward before your first purchase. Your fee drops from 0.45% to 0.40%, and your first in-app card purchase can earn a deposit match of up to $50 once you trade on 5 separate days. More on our Pump Fun referral code page.
BonusRewardDisclosure: BonusReward is our referral code. When you use it, we earn part of the platform fees you pay. You pay the same 0.40% with any valid code.
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