Can You Paper Trade Options On Webull in 2022

Paper Trading Options is a great Way to build confidence in your strategies.

Either you are a beginner options trader or a veteran who is testing to validate a brand new trading strategy,

You will need options paper trading before going Live.

In this discussion, we will show you the best place to Paper trade Options as an alternative to Webull.

Paper Trading Options on Webull

The first time I opened my Webull Trading account and saw that there was a $1 Million for paper trading, my eyes opened quite bright.

I do not know about you but the thought to see my account grow to higher amount even if it is not really money was enough to get me super motivated in using Webull paper trading.

Is Webull Paper Trading Worth It ?

However, that enthusiasm was quickly dampened by the lack of Paper trading Options on Webull.

Can You Paper Trade Options on Webull - Webull US Stocks Paper Trading Account with over 1.027 Million
How I have been able to Grow My US Stock Paper Trading Account

I knew then and there that my days on Webull paper trading options will be very short.

Instead, I focus on other options Trading platforms that provide paper trading for options.

Why Is Paper Trading Options So Important

The first reason for paper trading for veteran traders is to test and validate brand new trading system.

With the goal to see how effective a specific trading methodology is – traders can avoid loss of time and time while pursuing a new way to make money trading options.

The sometimes forgotten reason is for beginners traders to build their confidence even on already proven options strategies.

Recently, n new trader joined our Discord room and started learning about out our 10-Baggers trading System.

My advice to her was to spend a few weeks at least getting familiar with the ordering process and the nuances of trading options.

We agreed that she would be doing so without risking really money.

Trader in Our Discord Room made over $400 Day Trading BABA Options after Paper Account Trading Boost

Therefore, she started Paper trading options with Successultradings 10-Baggers Trading system.

She traded #AFRM options on her paper account for so much profit that the next day, she decided to trade with really money.

Just to give you an idea about our system, here are the last few weeks summary results.

Great confidence in the strategy led this trader to make over $500 the very next day on BABA and #AFRM on her live account

Just like this trader, you can easily emulate our successful trading strategies first on Paper trading account which Webull does not provide for options but from the alternatives to Webull Options Paper Trading below.

Webull Paper Trading Options Contact

Webull does not have a paper trading options contact information as of now.

In fact, in order to access Webull customer service contact, you need first to create an account.

Then from the platform, you will be able to contact Webull for options trading via a text message.

Here are the steps to contact Webull for options paper trading and other inquiries:

  1. Goto Help Center
  2. If your question is not listed as shown below, click on Contact us
  3. A New Window will come up where you can type you message

Can you paper trade Options on Webull - Webull paper trading options contact
How To Contact Webull for Paper Trading Options

Alternative # 1 To Paper Trading Options on Webull

The easiest options Trading Paper account you can start today is E*Trade.

It comes with $100000 for Paper trading Options and stocks.

You will be able to reset it anytime for an unlimited funding so that you can practice and refine your options trading strategies.

Paper Options Trading On E*TRADE

A trader recently on my Discord channel asked me if I could recommend him a good paper trading options platform.

Without hesitation, I said: sure, E*TRADE is the best place for that.

Then he said to me, but it is not realistic because he would not start with that much money in his real trading account.

Eventually, I got to explain to the trader that the amount of money provided by the paper trading account does not matter that much.

His focus and yours should be on mastering the skills of options trading within the paper options trading account.

Can you Paper Trade Options on Webull - How to Launch Paper Trading Options on ETRADE
How to Launch Options Paper Trading on ETRADE

Power ETRADE Paper Trading Contact

Once you create an options trading account on ETRADE, it automatically comes with your paper trading for stock and options.

The above screen shows how you will launch the Options paper trading account on Power ETRADE.

For that first that, you will have to activate it and that is it.

In case you need Power ETRADE Paper trading contact, customer service is available 7 days a week 24 hours per day.

You can either chat Live or be super patient to reach Power contact though one of the numbers below.

Call ETRADE 24/7Employee Stock plansRegular MailOvernight Mail
1-800-ETRADE-1 (1-800-387-2331)1-800-838-0908E*TRADE Securities LLC
PO Box 484
Jersey City, NJ 07303-0484
E*TRADE Securities LLC
Harborside 2
200 Hudson Street, Suite 501
Jersey City, NJ 07311
From outside the U.S. +1 678 624 6210From outside the U.S. + 1 650-599-0125
12:00 a.m. Monday – 11:59 p.m. Friday ET
Power ETRADE Customer Service including Paper Trading Contact

Advantages of Paper Trading Options on Power ETRADE

In the case of ETRADE, both the real account and the paper trading one are exactly the same.

Better yet, the watchlist you create in your real account are also visible on the paper trading account.

Here is my Full tutorial on how to Trade Options on E*TRADE from your Paper account.

Lessons From Paper Options Trading on E*Trade

As an options trader beginner, there are some basic skills you will get out of paper trading options.

The main one is really the confidence of doing something new.

Then, the practical aspect of entering your trades: where should you click to buy calls and puts.

Paper Options Trading SkillsResources
Can You Paper Trade Options On Webull - How To pick a Strike PriceHow To Pick an Option Strike Pricehttps://youtu.be/HX9ekDifrpQ
Paper Trading Options On Webull -How To Buy OptionsHow To Place an Option Order on Paper Accounthttps://youtu.be/tgQ3OpCihMg
Can you Paper Trade Options on Webull - Day Trading on Power EtradeAdvanced Features of Power E*TRADEhttps://youtu.be/t3g6OPm7dd4
Paper Trading Options On Webull - ETrade is a good laternativeHow To Setup Your Option Charthttps://youtu.be/bXHaqV-ObyI
Paper Trading Options on Webull - How to USe Etrade ScannersHow To Use E*Trade Scannershttps://youtu.be/y1EbJLhjMJs

To View the Full PlayList on How TO Trade Options on E*TRADE, click here

Alternative #2 to Webull Options Paper Trading

I was undecided on which options trading platform to recommend as number 2 for paper trading.

But after a few second, I opted for the newcomer FUTU MOOMOO App.

This one is as progressive as Webull but It offer $1 Million dollars for Options Paper trading.

Can you Paper Trade Options On Webull - Futu Moomoo account comes with $1Million for Options Paper Trading
Futu MooMoo $1Million Options Paper Trading Account

Wait until I tell you that this amount is separate from the Stocks Trading paper account which coems with its own $1 Million.

Futu MooMoo App is gaining popularity in a great of countries around the globe as described in our Futu MooMoo Review.

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FINAL THOUGHTS On Paper Trading On Webull

We have proven strategies that we have tested 1000 times on Options Paper trading and Live account.

May I suggest you consider leveraging them with hands on 1 vs 1 Coaching while we teach you how you can build your own consistent strategies.

Join our 10-Baggers Trading System for a Successful 2022 Trading year.

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