Webull Expands Paper Trading With Multi-Asset Simulation and OpenAPI Access | LeapRate
Webull (NASDAQ: BULL) announced Tuesday a major upgrade to its paperTrade platform, broadening the tool beyond stocks and options to include simulated trading for crypto, futures, bonds, and event contracts.
The move is one of the most significant expansions of the feature since its launch, during which users have placed more than 204 million simulated orders.
The enhanced experience is designed to bring the paper trading environment closer to Webull’s live platform, giving users access to the same workflows and advanced functionality without risking real capital. Key upgrades include expanded asset coverage across six categories, more sophisticated options order functionality, and a new pricing engine intended to better reflect live market conditions and improve simulated execution.
Webull has also introduced a dedicated interface that allows seamless switching between live and paper trading while preserving personalized layouts. In addition, the company is rolling out OpenAPI access for paperTrade, allowing developers and AI-driven applications to connect programmatically and test trading workflows in a simulated setting.
“Paper trading has long been one of the most popular features on Webull because it gives investors a place to learn by doing,” said Anthony Denier, Group President and U.S. CEO of Webull. “We’ve completely reimagined the experience to bring together everything our live platform offers into one realistic simulation.”
Jack Keating, CEO of Webull Tech US and Head of Institutional, added that extending OpenAPI access into paperTrade gives developers and advanced traders a safer space to build and refine strategies before entering live markets.
The updates are expected to begin rolling out to users later this month.
