Fomo vs GMGN

Fomo

Spot trades cost 0.50% each on every network. On Solana a small-order ladder applies below 190 USDC, and on the other chains you also pay the network fee shown in the quote. Tokens the app marks as low fee cost 0.05%. The perps mode charges 0.05% of position size per trade on top of Hyperliquid's fee and funding. Every fee is shown before you confirm, and the Terms let Fomo change fees at any time.

GMGN

Every spot trade pays GMGN a flat 1% of its value on every chain, and copied trades and automated orders pay the same. Network costs come on top: gas plus the priority fee and tip you set on Solana, and gas on the EVM chains. Launchpad fees and token taxes apply where a token has them. The perps beta charges 0.015% maker and 0.045% taker. The Terms let GMGN change fees at any time, effective when posted, and authorize it to take fees straight from your wallet.

Fomo

You sign up with an Apple ID, a Google account, or an email code, and Fomo creates a Solana wallet and an EVM wallet for you through Privy. There is no identity check to open the account or to trade, and the private keys can be exported from Settings at any time. Identity checks sit at the edges: the first withdrawal to a US bank account requires a government ID through Spritz, Fomo's payment partner. The Terms, dated August 17, 2026, reserve the right to require KYC for the perps mode, and the card and Apple Pay providers apply their own rules.

GMGN

You sign up with Google, an email code, Telegram, or a browser wallet such as Phantom or MetaMask, with an optional invite code, and no identity document is asked for. The Terms and the Privacy Policy, both dated December 6, 2024, reserve no identity check. The policy lists wallet addresses, public on-chain data, a Telegram handle, contact details you choose to give, and usage data down to country-level location. Withdrawals need two-factor authentication, an account-security step rather than an identity check. Card purchases run through MoonPay or Onramper under those providers' own rules.

Fomo

The Terms, dated August 17, 2026, bar residents, citizens, and anyone located in Cuba, the Democratic Republic of Congo, Iran, Libya, Myanmar, North Korea, Sudan, Venezuela, and Yemen, plus the Crimea, Donetsk, and Luhansk regions, any other country embargoed or sanctioned by the US, the UK, or the EU, and any jurisdiction where crypto trading is prohibited. Perps are not offered to US persons, a definition that includes US citizens living abroad, and Robinhood's stock and ETF tokens are also closed to residents of Canada, the UK, and Switzerland. Spot trading has no US exclusion. You must be 18, and using a VPN to get around any of this breaches the Terms.

GMGN

The Terms, dated December 6, 2024, bar anyone in, under the control of, or a national or resident of Afghanistan, Cuba, Iran, North Korea, or Syria, and anyone on the UN, US OFAC, or EU sanctions lists, and require users to be 18. They say GMGN runs the service from the British Virgin Islands, that users anywhere else are responsible for their own local law, and that GMGN may suspend anyone for any reason. The terms linked from the iOS app's store listing, dated January 1, 2025, name the same five countries. Neither version mentions the perps beta.

Fomo

Leverage is picked in whole numbers up to a cap set per asset: 40x on BTC, 25x on ETH, 20x on SOL, and 10x on most altcoins. The caps for stock, index, and commodity perps are not published. Every position is isolated, so a liquidation costs only that position's margin, and you can add or remove margin on an open position. Collateral is USDC in a separate perps balance, moved in from the token balance (5 USDC minimum in, 2 USDC out), and the smallest position is 15 USDC notional. Liquidation, stop-loss, and take-profit all trigger on Hyperliquid's mark price, not the chart price. A triggered order fills as a market order with a 10% slippage allowance, and funding is paid or received every hour. The Terms warn that the protocol can auto-deleverage profitable positions and that non-crypto markets may lack an insurance fund.

GMGN

The perps beta, open since September 21, 2026, sets a cap per market in GMGN's published risk table. BTC goes to 40x, and ETH, gold, silver, and the QQQ and SPY funds to 25x. SOL, XRP, Brent oil, and stocks such as Apple, Nvidia, and Tesla go to 20x, most other markets to 10x, and six others to 5x. Each cap steps down as a position grows, so BTC drops to 20x above 12 million USDC of notional. Spot trading has no leverage.

Fomo

Spot covers tokens on Solana, Base, BNB Chain, Monad, Ethereum, and Robinhood Chain, bought from one USDC balance with no bridging. The app labels each token verified, unverified, or with a warning, and Robinhood Chain carries Robinhood's US stock and ETF tokens, which are OTC derivatives issued by Robinhood Europe UAB rather than shares. Perps, launched June 11, 2026, cover everything listed on Hyperliquid and trade.xyz: crypto such as BTC, ETH, SOL, and HYPE, US stocks such as NVDA and GOOGL, the S&P 500, Nasdaq 100, Kospi 200, and Nikkei 225, oil, gold, silver, copper, and natural gas, and pre-IPO markets including SpaceX. Perps orders are market orders with optional stop-loss and take-profit, and spot trades are instant buys and sells at the quoted price.

GMGN

Spot trading covers tokens on Solana, BNB Chain, Robinhood Chain, Base, Ethereum, Arbitrum, Stable, Arc, X Layer, HyperEVM, MegaETH, Monad, and Tron, as listed in the chain selector on September 26, 2026. The Trenches view follows new launches on launchpads such as Pump.fun, letsbonk, and Four.meme from creation through migration. Spot orders include market buys and sells, limit orders that expire after 1 hour, 24 hours, or 3 days, take-profit and stop-loss with trailing versions, buys and sells triggered by a migration, sells triggered by the developer selling, and wallet copy trading. The docs describe copy trading and auto-buy for Solana only. The perps beta lists 57 USDC-margined markets in GMGN's market data on September 26, 2026: 24 crypto, 30 stocks and ETFs, and gold, silver, and Brent oil.

Fomo

The Deposit screen offers four routes, and not every account sees all of them. A bank-issued debit card funds the USDC cash balance within a few minutes. Prepaid cards, Cash App, Venmo, PayPal, Zelle, and Apple Cash are refused, and card availability follows the payment provider's country list. Apple Pay works two ways: on the card screen it funds the cash balance through Coinbase, with a weekly limit shown in the app, and Buy with Apple Pay purchases a single token directly through Crossmint, capped at 2,500 dollars a day. Pay with Coinbase draws on a Coinbase account. Crypto deposits take USDC on Solana, Base, BNB Chain, Monad, or Ethereum, and USDG on Robinhood Chain, which converts into the Solana USDC balance. The smallest deposit that credits is 15 USDC on Ethereum and 0.50 on Base, BNB Chain, Monad, and Robinhood Chain, with no minimum on Solana. The help center publishes no card fee. On the web you fund with crypto, and the web launch post says card and Apple Pay deposits are done in the mobile app.

GMGN

Signing in with Google, email, Telegram, or Phantom gives you GMGN-held wallets on each chain, funded by sending that chain's gas token, such as SOL, ETH, BNB, or TRX, to the address on the Deposit/Withdraw page. A deposit on the wrong network cannot be recovered. With an extension wallet connected, the same page moves funds across in one step, or you can trade from the extension wallet itself without GMGN's automation. The web app's Buy option takes a credit or debit card or Apple Pay through MoonPay, and the mobile app buys SOL, ETH, BNB, or USDC with local currency through Onramper in 59 countries and regions, each under the provider's own fees and checks. Convert moves funds between chains, and stablecoins sent by mistake can be sold for the chain's own token.

Fomo

You withdraw USDC from the cash balance to any wallet or exchange address on Solana, Base, BNB Chain, Monad, or Ethereum, or USDG on Robinhood Chain, choosing the network to match the destination. The help center lists no withdrawal fee for these. Bank withdrawals go through Spritz and reach US bank accounts only, after a one-time ID check: the minimum is 5 dollars, a regular transfer takes 1 to 3 business days, and a same-day Fast option, for requests between 9 AM and 5 PM Eastern on a business day, carries an extra fee that is not published. Anything other than USDC leaves only by exporting the private key into another wallet, positions under 2 USDC (5 on Ethereum) cannot be sold in the app, and perps collateral has to move back to the token balance first.

GMGN

The Telegram bots cannot withdraw and send you to the website instead. You first bind two-factor authentication with Google Authenticator or a passkey, and withdrawals stay locked for 3 hours after binding it, 24 hours after unbinding or re-binding it, and 24 hours after a password reset. Transfers go to a whitelisted address, which takes 3 hours to activate after it is set or changed and then skips the 2FA prompt. A small balance must stay behind for rent and gas, and GMGN publishes no withdrawal fee beyond the network fee. Memecoins leave through the multi-wallet Consolidate and Distribute tools, which also need 2FA and list only tokens worth more than $10. GMGN's docs say the keys of GMGN-created wallets cannot be exported, while the current web app offers a one-time key download from a computer once 2FA is active. Imported wallets are excluded.

Fomo

Signing up through another user's link, fomo.family/r/ followed by their username, takes 10% off trading fees, so the standard 0.50% rate becomes 0.45% on every trade. The code has to go in at signup, though support can attach one afterwards. The help center describes the discount against the spot rate and does not say whether it applies to perps. The referrer receives 25% of the referred user's trading fees, paid into their cash balance, except the referred user's first Solana buy. Creators can apply to a separate affiliate program whose commission tiers are not published. The Terms ban self-referral and let Fomo claw back rewards. No ChainScouter code is active.

GMGN

GMGN pays referrers 10% to 30% of the trading fees of the people they bring in, rising with the volume referred, and a referrer can apply for a higher rate. One code covers the website and every bot, and an invite code entered at signup cannot be changed. Neither the docs nor the Terms publish a fee discount for the person who signs up. The Terms, dated December 6, 2024, limit referral links to people the referrer knows personally, bar posting them on websites, blogs, X, Reddit, or coupon sites, and let GMGN change, suspend, or void rewards at its discretion. No ChainScouter code is active.

Fomo

Fomo is an iOS app (rated 18+ on the App Store, developer FOMO Labs Inc.), an Android app on Google Play, and, since April 29, 2026, a web app at fomo.family that shares the same account, balance, positions, and follows. You sign in with an Apple ID, a Google account, or an email code. On phones, Face ID or a fingerprint gates opening the app, withdrawals, and key exports. The app is built around a live feed of other users' trades and theses, a leaderboard ranked by realized and unrealized PnL, alerts when traders you follow buy or sell, and TradingView charts. There is no copy trading. Spot trades are instant buys and sells at the quoted price, and the help center documents no limit orders and no API. Perps trade from the same account with one-click orders and stop-loss and take-profit levels.

GMGN

GMGN runs as a browser terminal at gmgn.ai, as a mobile app listed on the App Store as GMGN - Meme Track (published by GraceMatrix Technologies Limited since June 2025) and on Google Play as GMGN (published by GMGN Labs Limited), with a TestFlight build and a direct APK download also linked from gmgn.ai/app, and as a set of per-chain Telegram trading bots such as @GMGN_sol_bot. The web terminal holds the Trenches launch feed, trending lists, wallet and X trackers, copy trading, a portfolio view, and the perps beta, and an Agent API lets scripts and AI assistants read data and place trades with an API key. Support runs through the official Telegram group and the @gmgnai account on X.