FomoTraders earns a referral reward from Fomo, so weigh this accordingly. GMGN facts come from GMGN’s own documentation, checked on 16 October 2026. Some of GMGN’s pages note they were last updated a year or more ago, so check the live product too.
Side by side
| Fomo | GMGN | |
|---|---|---|
| What it is | Social trading app | Trading website plus Telegram bots, focused on fast and automated trading |
| Platforms | iPhone, Android and web | gmgn.ai website and Telegram bots |
| Chains | Solana, Base, BNB Chain, Monad, Ethereum, Robinhood Chain, Arc, from one cash balance | Trading bots listed for Solana, Ethereum, Base, BSC and Tron |
| Trading fee | 0.50% (0.45% with a referral code); route-based on Solana; 0.05% on major tokens | 1% per transaction |
| Network costs | Fomo covers Solana gas, priority fees and token rent | You set priority and tip fees; these aren’t collected by GMGN |
| Copy trading | No. You follow traders and place your own trades | Yes: automatically copies a wallet’s buys and sells, up to 10 copy tasks, Solana only |
| Automation | None documented for spot trading | Sniper bot, auto buy and limit buy, auto sell with take profit, stop loss and trailing stops |
| Social features | Live feed of every trade, written theses, leaderboard, follows | Smart-money and wallet tracking, alerts, X tracker |
| Funding | Debit card, Apple Pay, USDC, Pay with Coinbase (varies by country) | Crypto deposits to your wallet (per its docs) |
What the fees mean in dollars
On an illustrative $1,000 trade: GMGN’s documented 1% fee is $10.00. Fomo’s standard 0.50% is $5.00, or $4.50 with a referral code. GMGN users also choose priority and tip fees; on Solana, Fomo covers network costs, while on its other chains you pay network fees.
GMGN’s own copy-trading page warns that frequent copy trades can eat through your balance in priority fees. That’s worth factoring in if you plan to automate.
Copy trading vs following
This is the biggest difference. GMGN can automatically mirror another wallet: when it buys or sells, your copy task does too, within limits you set. Fomo deliberately doesn’t do that. Following a trader on Fomo puts their trades and theses in your feed and can notify you, but you decide each trade.
Automation suits traders who want speed and are comfortable with the risks of mirroring someone else’s trades, including fees, slippage and bad fills. Fomo’s approach suits people who want context, including the trader’s written reasoning, before acting.
Where Fomo is stronger
- Half the headline fee, less with a referral code.
- Native mobile apps and card or Apple Pay funding in supported countries.
- Seven chains from one balance, with Solana network costs covered.
- Human context. Theses, a leaderboard by actual profit, and a feed of every trade.
- Simpler setup. Apple or Google sign-in, no seed phrase, exportable keys.
Where GMGN is stronger
- Automation. Copy trading, sniping, limit orders and trailing take profit and stop loss.
- Telegram-native trading across several chains.
- Deep wallet analytics, including smart-money tracking, insider and sniper data, and security checks on contracts.
- Execution settings such as anti-MEV modes and custom RPC.
Which should you choose?
Choose GMGN if you want bots, automated copy trading or Telegram-based trading, and you’re comfortable managing fees and settings.
Choose Fomo if you want lower standard fees, a clean phone app, easy funding, and a social feed that shows you what people trade and why, without automating anything.
Sources
- Trading fees on fomo · Fomo Help Center, updated 8 Oct 2026
- How referral codes and fee discounts work · Fomo Help Center, updated 12 Oct 2026
- Does fomo have copy trading · Fomo Help Center, updated 19 May 2026
- The social feed · Fomo Help Center, updated 23 Apr 2026
- Posting a thesis · Fomo Help Center, updated 8 Oct 2026
- Following other traders · Fomo Help Center, updated 13 Sept 2026
- Leaderboard · Fomo Help Center, updated 8 Oct 2026
- What is fomo · Fomo Help Center, updated 8 Oct 2026
- Supported chains · Fomo Help Center, updated 8 Oct 2026
- How to deposit funds · Fomo Help Center, updated 8 Oct 2026
- How fomo keeps your crypto secure · Fomo Help Center, updated 8 Oct 2026
Product details checked against these sources on 16 Oct 2026. Fomo can change its app, fees and policies; the live app is the final word.