How to start in 3 steps
Open our referral link
Install the app or open the web app
Sign up and check the code is applied
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Why manual copying is slower but safer
You get a moment to check liquidity, price impact and the contract before buying, instead of a bot buying anything a wallet touches.
How to pick traders to follow
Prefer traders who explain their reasoning and show exits, not just wins. Leaderboards show winners; they do not show the accounts that lost.
Independent guide, not affiliated with fomo. Affiliate link: we may earn a share of fees.
The exit-liquidity trap
When a popular trader buys, followers pile in and push the price up; the trader can sell into that demand. Check how far the price moved since their buy.
How trade size changes what you really pay
Platform fees are only part of the cost. On every buy and sell you also pay network fees, sometimes a priority tip, the liquidity pool's own fee and price impact. Price impact grows as your order gets bigger relative to the pool's liquidity, which is why the same token can be cheap to buy for $50 and expensive for $5,000. Before any trade, look at the expected output on the confirm screen, not just the headline fee.
Plan your exit before you enter
Memecoins can drop 50% in minutes and some become impossible to sell. Write down three numbers before buying: the most you will lose (then sell), the price at which you take back your stake, and a time limit after which you exit if nothing happens. Rules decided in advance beat decisions made while the chart is moving.
Account security checklist
Use a unique password and app-based two-factor authentication on the email or Apple/Google account you log in with. Never share login codes or private keys with anyone, including people claiming to be support. Bookmark the official domain and use it instead of search ads or links from DMs. Keep only trading money in a hot wallet.
Independent guide, not affiliated with fomo. Affiliate link: we may earn a share of fees.
Related fomo guides
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Sources
- fomo Terms of Service (section 8, referrals)
- fomo affiliate programme
- fomo guide: deposits and withdrawals
- App Store listing id6741115427
- Google Play listing family.fomo.app
- CoinCodex: is Fomo legit (fee and minimum)
Updated 2026-10-12 · How we test
Independent guide, not affiliated with fomo. Affiliate link: we may earn a share of fees.
Frequently asked questions
Does fomo copy trades automatically?
No.