A 10% discount means that qualifying trading fees may be reduced by 10%.
For example, if you incur £10 in an eligible trading fee, a 10% discount would represent a £1 reduction, leaving £9 as the discounted amount.
Similarly, £50 in qualifying fees would represent a potential £5 saving at a 10% discount.
These examples are for explanation only. Actual savings depend on the applicable Fomo fee schedule, the type of transaction and the promotional conditions associated with your account.
Why Trading Fee Discounts Matter
Trading costs can become more noticeable for users who make frequent transactions. A discount applied to qualifying fees can potentially reduce the overall amount spent on trading.
For example, someone making occasional transactions may see a relatively modest monetary saving. A frequent trader who generates substantially more eligible fees could potentially see a larger cumulative difference.
However, trading fees should not be considered in isolation. Users should also evaluate the platform's features, available markets, account requirements, security measures and other charges before deciding whether it meets their needs.
Is Fomo “REBATE” a Lifetime Discount?
The focus of the advertised Fomo referral offer is a 10% discount on trading fees. If promotional materials describe the benefit as continuing for the lifetime of the qualifying account or promotion, users should still check the current terms.
A lifetime promotion does not necessarily mean that every possible fee is discounted indefinitely. It may apply only to specified trading fees or transactions.
Promotional programmes can also have eligibility requirements and terms that change over time. Checking the current offer before registration can help avoid confusion.
Who Can Use the Fomo Referral Code?
Eligibility depends on Fomo's current referral programme.
Some referral promotions are designed primarily for new users, while others may have different requirements. There may also be restrictions relating to account type, location, registration timing or qualifying transactions.
If you are opening a new account, entering REBATE during registration is important if the promotion requires the code to be submitted before account creation.
Existing users should check whether referral codes can be added to an established account.
Things to Consider Before Using “REBATE”
Before applying the Fomo referral code, consider these points:
- Check current eligibility: Make sure the promotion is available to your account.
- Review the terms: Promotional conditions can change during 2026.
- Confirm code acceptance: Verify that “REBATE” has been recognised.
- Understand qualifying fees: The discount may not cover every platform charge.
- Check other costs: Withdrawal, network, spread or service-related charges may be separate.
- Avoid unnecessary trading: A fee discount should not be a reason to take additional trading risk.
These checks can help you understand the actual value of the offer.
Fomo Referral Code 2026 for New Users
New users should pay particular attention to the referral field during registration. If Fomo requires a promotional code before an account is created, adding the code after registration may not qualify the account for the promotion.
Enter REBATE exactly as provided and check for an on-screen confirmation.
If the code is rejected, do not assume that the discount will be applied later. Instead, review the current referral terms or contact Fomo support for clarification.