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FOMO Copy Trading Fees: What Quickscope Charges

A 10 USDG buy costs 0.10 USDG in platform fees at the standard rate. See how the account fee works and which other costs to check.

Quickscope TeamUpdated 3 min read

Quickscope's standard account fee is 1% of the USDG spent on a successful buy. It applies to eligible FOMO copies and manual buys through the account, including individual limit buys. There is no subscription. An approved promotional account can have a lower rate, including 0%.

Quickscope is separate from the FOMO app. A fee shown for a trade inside FOMO is not a quote for the copy that Quickscope places from your own account.

A simple buy-fee example

At the standard rate, a buy spending 10 USDG on tokens has a 0.10 USDG Quickscope fee. The total account debit for the swap and platform fee is 10.10 USDG. The fee is paid in USDG alongside the successful trade, rather than deducted from the number of tokens received.

Ten such buys would spend 100 USDG on tokens and 1 USDG on platform fees. This illustrates the arithmetic, not a suggested trade size or frequency. If your approved account rate is 0%, those buys have no Quickscope platform fee; their market prices and other applicable costs still matter.

The app leaves room for the account fee when checking available cash. A 10 USDG balance therefore does not support a full 10 USDG buy at the 1% rate. Pending buys and open buy orders can also reserve part of your balance.

Which actions incur the account fee?

  • A successful copied buy: the fee applies to the actual USDG spent, at your account's applicable rate.
  • A successful manual or individual limit buy: the same account rate applies, even without a copy subscription.
  • A straightforward token sale back into USDG: this buy fee is not charged again on the USDG received. Venue pricing and execution costs can still affect the proceeds.
  • A skipped copy or a buy that never executes successfully: there is no successful-buy platform fee. Check the final status before deciding a submitted transaction failed.
  • Deposits and owner withdrawals: Quickscope does not add this trading fee to the transfer. Network or bridge charges can be separate.

There is no subscription or inactivity charge for leaving copying stopped. Minimum trade amounts are a separate issue: the current manual and individual limit-buy forms accept 1–500 USDG.

Price differences are separate from platform fees

You might pay a different price from the FOMO trader because the trade happens at another time, with a different size or on a different route. That difference can favor either buyer. It is not itself a fee charged by Quickscope.

For example, ignoring fees, 10 USDG buys 1,000 tokens at 0.01 USDG each, or about 952.38 tokens at 0.0105 USDG each. The second entry price is 5% higher. The 1% platform fee is a separate calculation; adding the price change to the fee does not turn both into platform charges.

Maximum slippage limits how far execution may move from the copier's expected quote. An entry-price setting compares the proposed copy with the trader's reference price. Neither setting promises the same fill as the trader. Read speed and slippage for those distinctions.

Venue fees and price impact can also be reflected in the execution quote. Avoid counting them twice when comparing the quote with the final tokens received. Funding from another network and withdrawing with your wallet can involve network costs; check the relevant transaction or bridge quote.

Approved discounts and referrals

Quickscope offers a 0% promotional account rate when a post about the product is submitted and approved. Posting alone does not apply the discount. Check the rate recorded for your account before assuming a buy is free of the platform fee.

Referrers accrue 30% of the platform fees generated by referred accounts. This comes from the fee, rather than an extra charge to the referred user. In the 10 USDG example, a 0.10 USDG fee produces a 0.03 USDG referral share when an eligible referral is bound to the account. A zero-fee buy produces no referral fee share.

How to check the cost of your copies

Use confirmed activity to compare the USDG spent, tokens received, platform fee and execution price. A trader's displayed P&L is not your P&L: your eligible trades, sizes, fees and exits may differ.

For a complete setup, read how to automate FOMO buys. You can also review your account and check the fee and available cash before placing another trade.

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