Webull Expands Paper Trading to Crypto, Futures, Bonds With OpenAPI Sandbox Access

Webull announced on Tuesday an expansion of its paper trading platform to support simulated trading across six asset classes including stocks, options, crypto, futures, bonds and event contracts. The platform now opens to developers through OpenAPI access, allowing traders and AI applications to test algorithmic strategies and trading workflows in a risk-free environment.

According to Webull, users have placed more than 204 million simulated orders since the paper trading feature launched. The enhanced platform, which begins rolling out later this month, features advanced options functionality, improved pricing engines that reflect live market conditions, and seamless switching between simulated and live accounts. CEO Jack Keating stated: "By extending OpenAPI access into paperTrade, we're giving developers, advanced traders, and AI-powered applications a safer environment to build, test, and refine trading workflows before they ever touch live markets."