Fomo Trading
Fomo trading means buying memecoins and crypto in Fomo, the phone app from FOMO Labs where you follow other traders and take their trades in a tap. This page sums up how the app works, what it charges and where Axiom fits beside it. Referral code GEMQUEENX takes 10% off Fomo's fees, and the full guide lives on fomotrading.app.
Axiom Trade Invite Code: TradeNow
The Axiom Trade invite code is TradeNow. Axiom calls it a referral code. Enter it when you sign up and your trading fee drops by 20% for the life of the account, from 1% to 0.8% a trade.
If you are looking for an Axiom Trade invite code, use TradeNow. Type it into the referral field on the sign-up screen, or open axiom.trade/@tradenow and it is filled in for you. It is one of the most used Axiom codes, and it still works.
Sign Up With TradeNow
What is Fomo trading?
Fomo is a social trading app for iPhone and Android. Instead of a chart, it opens on a feed: people you follow buy a token, the trade shows up with their entry price, and you can buy the same token from that post. Underneath sits a self-custodial wallet with one cash balance across several chains.
It is built for people who trade from the phone and do not want to manage seed phrases, gas tokens or bridges.
| Made by | FOMO Labs, a San Francisco team that previously built dYdX |
|---|---|
| Form | Native iPhone and Android app, plus a web version |
| Chains | Solana, Base, BNB Chain, Monad, Ethereum, Robinhood Chain and more |
| Spot fee | 0.5% on most orders, 0.45% with a referral code |
| Perps | Crypto on Hyperliquid, other markets on trade.xyz, 0.05% Fomo fee |
| Login | Apple ID or Google, no seed phrase, Face ID on withdrawals |
| Referral code | GEMQUEENX, 10% off eligible fees |
How the Feed Works
Every buy and sell on Fomo is public inside the app, attached to a profile. You follow traders the way you would follow accounts on X, get a notification when one of them buys, and see a short note on why if they wrote one. A leaderboard ranks profiles by results, which is where most people find who to follow. The Fomo copy trading guide covers following well, and the risk of arriving after the move.
Money moves the way a payments app does. Card and Apple Pay deposits land as a cash balance, Coinbase users can pay from their account, and the app routes each buy to the right chain without a bridge. On Solana it also pays the network fee for you.
Fomo Fees in Short
Most orders pay 0.5%, and an account opened with a referral code pays 0.45%. Small Solana orders follow a different scale, with flat minimums and a higher percentage below about $190, so a $20 buy costs proportionally more than a $500 one. Perps carry Fomo's 0.05% on top of the venue's own fee and funding, and perps are not offered to US persons.
The Fomo app fees page lists every band, and Fomo perps covers the markets and leverage.
Fomo Trading and Axiom
Fomo is the quick way to buy what people are already talking about. Axiom is a browser terminal for finding a coin earlier and controlling the order: a launch feed, holder and dev data, presets and exits set in advance. Plenty of traders keep Fomo on the phone and Axiom on the desktop. Our Axiom vs Fomo comparison works through the fees trade by trade, and fomotrading.app has the same comparison from the Fomo side.
Each app keeps its own referral field: GEMQUEENX for Fomo, and TradeNow for Axiom, where it cuts the fee by a fifth.
How to Start Fomo Trading
Download Fomo
Get the app for iPhone or Android; download Fomo links each official listing.
Sign in
Use an Apple ID or Google account. There is no seed phrase to write down.
Enter GEMQUEENX
Add the referral code when the app asks for one at sign-up, so your fee starts at 0.45%.
Fund and follow
Deposit by card or Apple Pay, then follow a few traders before copying anyone.
Fomo Trading — FAQ
What is the Fomo referral code?
GEMQUEENX. Entered at sign-up, it takes 10% off Fomo's eligible fees, so most orders cost 0.45% instead of 0.5%.
Is Fomo self-custodial?
Yes. The wallet's key is split into shares so FOMO Labs cannot move your funds on its own, and you never handle a seed phrase.
Does Fomo charge gas?
On Solana the app pays the network fee for you. On other chains network fees are added to the 0.5% trading fee.
Is Fomo cheaper than Axiom?
On larger orders, yes: 0.45% with a code against Axiom's 0.8% with TradeNow. On small Solana orders Fomo's minimums make Axiom cheaper.
Axiom Trade Guide
Step-by-step help for every part of the terminal, from opening an account to withdrawing, with screenshots from Axiom itself.
More on Fomo Trading
- Fomo trading platform guide: what the app does, chain by chain
- Download the Fomo app for iOS, Android and web
- Fomo fees: trading, perps and deposits
- Fomo app review: strengths and where it falls short
Disclaimer
GEMQUEENX is the site owner's own Fomo code, so a sign-up with it may pay this site a referral reward. FOMO Labs decides the fees, the discount and which features reach which countries, and any of that may move. Copying a trader's buy hands you their risk without their reasons. Not financial advice. Axiom Pro is an unofficial guide with no tie to FOMO Labs or to Axiom Trade.
Written by Mohammad Shahpari · Web3 CMO, Crypto Growth & SEO Specialist · X · LinkedIn