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Photon vs Fomo

Photon and Fomo side by side — fees, cashback, chains and who holds your keys, plus what a trade actually costs on each.

The two, side by side

PhotonFomo
Each buy/sell1 %0.5 %
Sign-upnone10 %
Cashbacknonenone
KeysYouYou
ChainsSolanaSolana, Base, BNB, Monad +3 more

What one trade costs (buy + sell)

Your tradePhotonFomo
$100.00 trade$2.00$1.90
$500.00 trade$10.00$4.50
$2,000.00 trade$40.00$18.00

Platform fee only, entry cashback tier. Run your own numbers on the cost board.

Which one should you pick?

On a $5,000 trade, Fomo is the cheaper of the two. Beyond cost it comes down to which fits how you trade — here's each in short.

Photon — The simple one

Photon has been around since 2023 and keeps things simple. It is stable, well documented and easy to learn, but it offers neither a referral discount nor cashback, so you pay the full 1 % on every trade, and it has fallen behind the others on features in 2026.

Fomo — Best mobile app

Fomo is a real iOS and Android app rather than a bot, with Apple Pay and card deposits and a social feed that shows what other traders are buying. Its 0.5 % fee is the lowest percentage on this list, but the 0.95 USD minimum per trade makes small trades expensive: below about 190 USD per trade it becomes the priciest option.