FomoTraders earns a referral reward from Fomo, so weigh this accordingly. Photon facts come from Photon’s own documentation, checked on 17 October 2026. Its pages carry no update dates and some may be old, so check the live product too.
Side by side
| Fomo | Photon | |
|---|---|---|
| What it is | Social trading app | Web trading terminal built for speed |
| Platforms | Native iPhone and Android apps, plus web | Website; on phones, its docs recommend Phantom’s in-app browser |
| Chains | Solana, Base, BNB Chain, Monad, Ethereum, Robinhood Chain and Arc | Solana and Ethereum |
| Fee | 0.50% (0.45% with a referral code), route-based on Solana, 0.05% on major tokens | 1% of every buy and every sell |
| Network costs | Covered by Fomo on Solana | Paid by you, plus the priority fees and bribes you set |
| Sign-up | Apple or Google sign-in; fund with card, Apple Pay or USDC where available | Connect a Phantom wallet; Photon generates a trading wallet whose private key is shown once; fund it with SOL |
| Order tools | None documented for spot trades; take profit and stop loss on perps | Limit orders (buy the dip, take profit, stop loss), DCA, and up to 5 wallets at once |
| Discovery | Live trader feed, theses and a profit leaderboard | New pairs, trending, and Memescope filters for new launches |
What the fees mean in dollars
On an illustrative $1,000 trade, Photon’s 1% is $10.00. Fomo’s standard 0.50% is $5.00, or $4.50 with a referral code.
A round trip, meaning one buy and one sell, costs about 2% on Photon before network costs. On Fomo it’s 1%, or 0.9% with a code. Photon traders also pay Solana priority fees and Jito bribes on top. Fomo covers Solana network costs, though its Solana fees vary by route, so check the quote it shows you.
Where Fomo is stronger
- Half the fee. 0.50% against 1%, and 0.45% with a referral code.
- A real phone app. Photon is a website. Fomo has native iPhone and Android apps.
- No wallet setup. No private key to save and no SOL needed to start.
- More chains from one cash balance, plus the social feed and leaderboard.
Where Photon is stronger
- Order automation. Limit buys, take profit, stop loss and DCA for spot trades.
- Multi-wallet trading. Buy or sell from up to five wallets at once.
- Execution control. Priority fee, bribe and MEV-protection modes.
- Launch scanning. Memescope filters new Pump.fun coins by holders, developer holdings, liquidity and volume.
Which should you choose?
Choose Photon if you trade from a desktop, want limit orders and multiple wallets, and are comfortable managing a private key and network fees.
Choose Fomo if you want half the fee, trade mostly from your phone, and value seeing what other traders buy and why before you act.
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
- Supported chains · Fomo Help Center, updated 8 Oct 2026
- The social feed · Fomo Help Center, updated 23 Apr 2026
- Posting a thesis · Fomo Help Center, updated 8 Oct 2026
- Leaderboard · Fomo Help Center, updated 8 Oct 2026
- Stop Loss and Take Profit on Perps · Fomo Help Center, updated 10 Jun 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.
- pies-organization.gitbook.io/photon-trading/photon-on-sol/photon-fees-sol
- pies-organization.gitbook.io/photon-trading/photon-on-sol
- pies-organization.gitbook.io/photon-trading/photon-on-sol/mobile-traders-sign-up
- pies-organization.gitbook.io/photon-trading/photon-on-sol/limit-orders
- pies-organization.gitbook.io/photon-trading/photon-on-sol/multi-wallet
- pies-organization.gitbook.io/photon-trading/photon-on-sol/smart-mev-protection
- pies-organization.gitbook.io/photon-trading/photon-on-sol/memescope