Costs
Fomo Trading Fees Explained
What you actually pay to trade on Fomo, what the official Terms say, and which cost items are not publicly documented.
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Fomo charges 0.50% per transaction, subject to a minimum fee of $0.95 per transaction, on buys and sells — and 0.05% per Perps transaction — according to Section 7 of the official Fomo Terms of Use. Blockchain network fees and third-party protocol fees apply separately and are not set by Fomo. Rates can change at any time without notice. Last verified: 2026-08-18.
Key facts
- Spot trading fee
- 0.50% per transaction
- Minimum fee
- $0.95 per transaction
- Perps fee
- 0.05% per transaction
- Network fees
- Charged by the blockchain, not by Fomo
- Last verified
- 2026-08-18
- Source
- Official Fomo Terms of Use, Section 7 (Fees)
The current Fomo fee structure
| Item | Detail |
|---|---|
| Spot trading / transaction fee | 0.50% per transaction (minimum rate)Applies to buy and sell transactions, including swaps routed to third-party exchanges. |
| Minimum transaction charge | $0.95 per transactionStated in the Terms. On small trades this exceeds the 0.50% rate. |
| Perpetuals (Perps) fee | 0.05% per transactionAdditional to third-party protocol trading fees, gas and funding rate payments. |
| Third-party / protocol fees | Charged separatelyFomo states it does not disclose or take responsibility for third-party fees. |
| Deposit fee (Fomo side) | Not verifiedNetwork fees always apply on-chain. |
| Withdrawal fee (Fomo side) | Not verifiedNetwork fees always apply on-chain. |
| Account / subscription fee | Not verified |
| Referral fee discount | Not verifiedThe Terms mention possible fee reductions but publish no figure. |
We deliberately show the unverified rows instead of deleting them. A fee table that only lists the items we can confirm looks cleaner but quietly implies the other costs are zero, which we cannot support. When Fomo Labs Inc. documents these values, they will appear here with a new verification date.
What 0.50% plus a $0.95 minimum actually costs
The two numbers interact. Fomo charges whichever is larger: 0.50% of the trade, or $0.95. The crossover sits at $190 — below that size you pay the flat $0.95, above it you pay the percentage. A $50 trade therefore costs $0.95, which is 1.9% of the position, not 0.5%. A $20 trade costs the same $0.95, or roughly 4.75%.
Fees are charged per transaction, so a round trip is two of them. Closing a $1,000 position that you opened at $1,000 costs about $5 in, $5 out — roughly 1% of the traded size before the market moves at all. On small positions that round trip can approach 10%, which is why frequent small trades are the most expensive way to use the app.
Perps are priced differently at 0.05% per transaction, but that figure is Fomo's cut only. The underlying protocol still charges its own trading fees, gas and funding rate payments, and Fomo explicitly states it does not disclose or take responsibility for those.
Network fees are separate
Every deposit and withdrawal is an on-chain transaction, and the blockchain charges for it. Those fees vary by network and by congestion, and they go to validators rather than to Fomo. When you plan costs, budget for the platform fee on the trade and the network fee on the transfer. Our deposit guide and withdrawal guide cover the practical side.
How to check fees yourself
Fomo fee questions
- What is the Fomo trading fee?
- Fomo's official Terms state a minimum fee of 0.50% per transaction, subject to a minimum fee of $0.95 per transaction, on buy and sell transactions. Rates are subject to change without notice, so confirm in the app before trading.
- What does Fomo charge on Perps?
- 0.05% per Perps transaction. That is Fomo's own fee and sits on top of any third-party protocol charges, gas and funding rate payments.
- Are there deposit or withdrawal fees on Fomo?
- Blockchain network fees always apply when you move funds on-chain. Whether Fomo adds its own deposit or withdrawal charge is not clearly documented publicly, so we mark it as not verified rather than guess.
- Does a referral link reduce Fomo fees?
- The Terms say Fomo may offer reduced or alternative fee rates at its discretion, but no referral discount figure is published. We do not claim one.
- Why do small trades cost proportionally more?
- Because of the $0.95 minimum fee. On a $20 trade that minimum is roughly 4.75% — far above the 0.50% headline rate. The percentage rate only becomes the binding cost above about $190 per trade.
Sources
- Fomo — official Terms of Use, Section 7 (Fees), verified 2026-08-18 — Fomo Labs Inc.
We prioritize primary sources published by Fomo Labs Inc. at fomo.family. Where a detail is not documented publicly, we mark it as not verified instead of guessing.