Webull Expands Paper Trading to Crypto, Futures, and Bonds with API Access
BULL sits 74% above its 52-week low of $4.5.
Summary
Webull is rolling out a major upgrade to its paper trading platform, adding simulated trading for crypto, futures, bonds, and event contracts alongside advanced options tools and OpenAPI access. This broadens the educational tool into a multi-asset simulation environment that mirrors the live platform, potentially attracting more sophisticated users and developers. The move follows a series of product expansions this year, including mutual funds for IRAs and private company access for accredited investors, signaling an aggressive push to deepen user engagement and diversify revenue streams. With over 204 million simulated orders already placed, the enhanced paper trading could accelerate user onboarding and conversion to live trading, though the financial impact will depend on adoption rates.
At the time of this announcement, BULL was trading at $7.84 on NASDAQ in the Finance sector, with a market capitalization of approximately $4.1B. The 52-week trading range was $4.50 to $18.32. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: PR Newswire.