moomoo vs Webull: paper trading compared
moomoo Paper Trading is a broker demo; Webull paperTrade is a broker demo. Here is how their paper trading compares using only facts from provider pages and cited reviews (see each listing's sources).
Price: moomoo — Free; Webull — Free. Market data: moomoo — real-time quotes; Webull — real-time incl. Level 2.
Account: moomoo — Free moomoo app login; no brokerage account needed; Webull — Free Webull account, $0 balance. Virtual balance: moomoo — 1M per market account (US app: HKD, USD, CNH, SGD; Canada app: USD, CAD); Webull — Unlimited virtual funds. Reset: moomoo — unknown; Webull — Yes (Reset Account; legacy system lets you set an amount).
Markets: moomoo — US; Webull — US. Platforms: moomoo — mobile, desktop; Webull — mobile, desktop, web.
Key differences in our data: only moomoo works without a brokerage account; moomoo adds futures; Webull adds event contracts.
Pick the one that matches the market you plan to trade and the country you live in — the availability rows below show which countries each provider confirms.
| moomoo Paper Trading | Webull paperTrade | |
|---|---|---|
| Type | broker demo | broker demo |
| Markets | US | US |
| Assets | stocks, ETFs, options, futures, crypto | stocks, ETFs, options, crypto, event contracts |
| Data | real-time quotes | real-time incl. Level 2 |
| Price | Free | Free |
| Account | Free moomoo app login; no brokerage account needed | Free Webull account, $0 balance |
| Starting balance | 1M per market account (US app: HKD, USD, CNH, SGD; Canada app: USD, CAD) | Unlimited virtual funds |
| Reset | unknown | Yes (Reset Account; legacy system lets you set an amount) |
| Replay | unknown | unknown |
| Platforms | mobile, desktop | mobile, desktop, web |
| Limits | unknown | Legacy paper data cleared after 180 days inactivity; Webull Australia paper trading covers US shares only |
| Country availability | Only in listed countries (provider list) Available: US, CA, SG, AU, JP, MY, NZ moomoo's own list of available countries; paper markets differ by regional app | Confirmed in some countries; others unverified Available: US, UK, AU, MY, ZA Webull operates in 16 markets; paper trading confirmed on US, UK, AU (US shares only), MY and ZA sites |
| Available in US | Available (verified) | Available (verified) |
| Available in UK | Not available | Available (verified) |
| Available in IN | Not available | Unverified |
| Available in AU | Available (verified) | Available (verified) |
| Available in CA | Available (verified) | Unverified |
FAQ
Is moomoo or Webull free for paper trading?
moomoo: Free. Webull: Free.
Which has real-time data, moomoo or Webull?
moomoo: real-time quotes. Webull: real-time incl. Level 2.
Do moomoo and Webull require an account?
moomoo: Free moomoo app login; no brokerage account needed. Webull: Free Webull account, $0 balance.
Where are moomoo and Webull available?
moomoo: Only in listed countries (provider list) Available: US, CA, SG, AU, JP, MY, NZ moomoo's own list of available countries; paper markets differ by regional app . Webull: Confirmed in some countries; others unverified Available: US, UK, AU, MY, ZA Webull operates in 16 markets; paper trading confirmed on US, UK, AU (US shares only), MY and ZA sites .
More comparisons
Lists with both
Information only, not financial advice. Simulated results do not predict real results. Features and availability change and vary by country; check the provider's site. Sponsored or affiliate links, if any, are labelled.