TradeWize
vs Webull.
Both are free. Webull is a commission-free broker app with a solid paper-trading simulator — but the sim is a blank sandbox with no lessons. TradeWize is a structured course that teaches you what a good trade looks like, then lets you practise.
What each one costs.
The full 172-lesson course, 100+ mini games, and the simulator — no card required.
Optional Premium from $33/mo, billed annually. 14-day refund. Local price varies by region.
Commission-free app and free paper trading; Webull earns through order flow, margin, and premium data rather than a subscription.
Both are free — but they make different things free. Webull gives you a real broker’s app and a blank practice sandbox. TradeWize gives you the whole course that teaches you what to do in a sandbox like that in the first place. One is where you practise; the other is where you learn.
Side by side.
| Feature | TradeWize | Webull |
|---|---|---|
| What it is | A structured course that teaches you to invest and trade — with a simulator | A commission-free brokerage app with a free paper-trading simulator |
| Best for | Learning from zero with a guided path | Practising trades in a real broker’s app — and trading for real later |
| Teaching | A full 172-lesson course plus an active-trading track, with drills | No structured course; the paper-trading sim is a blank sandbox |
| Simulator | Coin sim tied to the lessons; real-time Pro mode on Premium | Customizable, resettable virtual cash across stocks, ETFs, options, futures |
| Setup | Browser, no account, no download, no card | Download the app and register — it’s a real brokerage |
| Guidance | Tells you what to do and why, step by step — and Coach Chad grades each practice trade you close, naming the habit behind it and the lesson that fixes it | You’re on your own — practise whatever you like |
| Markets | Investing free. Premium teaches technical analysis, fundamental analysis, psychology & risk and options — and its Pro desk also trades futures, forex and crypto | Stocks, ETFs, options, and futures (real trading available) |
| Where you start | Anywhere. Beginners start at Foundations; if you already trade, go straight in at technical analysis or options — no track is a prerequisite for another | Wherever you like — it’s a sandbox, so there’s no path to enter |
| Real money | No — educational simulator only | Yes — a real broker; paper trading is its practice mode |
| Platform | Any web browser — mobile and desktop | iOS, Android, desktop, and web |
| Price | Free; Premium from $33/mo | Free — commission-free; earns via order flow, margin, and premium data |
Start wherever you are.
TradeWize isn’t a beginners-only course you outgrow. It’s one platform with three ways in — and it teaches trading end to end, from your first candlestick to running a book with a written playbook.
Start at the beginning.
Foundations: 20 stages, 172 lessons, free — from “what is a stock?” to a finished portfolio playbook. It runs in order, because this is the one place order actually matters.
Skip straight to trading.
Go in at Technical Analysis, Fundamental Analysis, or Psychology & Risk — 207 lessons across three tracks. Premium opens all of them at once, so you never re-learn what a stock is to reach what you came for.
Learn just the asset class you want.
Only here for options? Start on the Options track and ignore everything else. No track is a prerequisite for another — pick your market and go deep on it.
Whichever market you want to trade.
Every one of them is tradable in the simulator today.- Stocks & ETFs
Free course + TA and FA tracks
- Options
Options track, shipping now
- Futures
Trade it now · course in build
- Forex
Trade it now · course in build
- Crypto
Trade it now · course in build
An AI coach that refuses to tell you what to buy.
Chad reads any chart before you trade and grades every practice trade after you close it — naming the habit behind it and the lesson that fixes it. He never gives a direction, a price target, or a call, which is exactly what makes him a coach rather than a signal service.
- Chad’s read — a pre-trade briefing on any chart, blind to what you intend to do.
- The Debrief — a post-trade review of the trade you actually closed.
- Reads price structure visually, with an options lens for direction-vs-decay.
- Free tier: one full analysis a week. Premium: five a day.
Learn what to do, or practise doing it.
If you want to be taught before you start placing practice trades.
- You’re a beginner and want the fundamentals explained, from zero.
- You already trade and want the options, valuation, or psychology track — start there directly.
- You want a structured, finishable path — not a blank sandbox.
- You want zero setup: no brokerage account, no download, no card.
- You want an AI coach that grades each practice trade you close and names the habit behind it.
If you want reps inside a real broker app.
- You want to practise execution in the same app you might trade for real in.
- You want customizable, resettable virtual cash across stocks, options, and futures.
- You prefer a mobile-first, commission-free experience.
- You want to rehearse options and futures order-handling.
- You intend to open a real Webull account down the line.
The honest take.
Where Webull wins: it’s a real broker. Customizable, resettable virtual cash in the same app you might trade for real in is a rehearsal an educational simulator can’t fully match.
Webull hands you the controls. TradeWize teaches you what they do.
Webull’s paper trading is genuinely good — free, resettable virtual cash, the feel of a real broker. But it’s a blank sandbox: you can practise, yet nothing tells you what a good trade looks like, so it’s just as easy to rehearse bad habits confidently. TradeWize teaches the fundamentals and the setups first, then lets you practise. A sensible order: learn on TradeWize, take reps on Webull.
Things people ask before they pick.
- Q01
Is Webull paper trading free?
Yes. Webull’s paper trading is free and gives you customizable, resettable virtual cash to practise stocks, ETFs, options, and futures commission-free. You can set your own starting balance and reset it whenever you like.
- Q02
Does Webull teach you to trade?
Not in a structured way. Webull has some educational articles, but the paper-trading simulator itself is a blank sandbox — it lets you practise, but nothing tells you what a good trade looks like or why. TradeWize teaches the fundamentals and the setups first, from zero, then lets you practise.
- Q03
TradeWize or Webull for a beginner?
Start with TradeWize to learn — a guided, finishable path that explains investing and trading before you place anything. Use Webull once you know the basics and want reps in a real broker’s app, or when you’re ready to trade for real. Many people do exactly that: learn on TradeWize, practise on Webull.
- Q04
Is Webull a real broker?
Yes. Webull is a real, commission-free brokerage; paper trading is its risk-free practice mode. TradeWize is educational only — a virtual-coin simulator with no real trades, no real money, and no personalized financial advice.
- Q05
Can I use both TradeWize and Webull?
Yes, and it’s a sensible order. Learn the fundamentals and build the habits on TradeWize, then take execution reps in Webull’s simulator — and open a real account there if and when you decide to trade with real money.
- Q06
I already trade — do I have to start from the beginning?
No. Premium opens every track at once, so you can go straight in at technical analysis, fundamental analysis, psychology & risk, or options without touching the beginner course. No track is a prerequisite for another. Only the free Foundations course runs in sequence, and you can skip it entirely.
- Q07
What is Coach Chad?
Coach Chad is TradeWize’s built-in AI coach, included on the free tier. He reads any chart before you trade — a briefing that’s blind to what you intend to do — and grades every practice trade after you close it, naming the habit behind it and the lesson that fixes it. He never gives a direction, a price target, or a call. Free gives you one full analysis a week; Premium gives you five a day. This is the piece a blank paper-trading sandbox can’t give you: something that tells you whether the trade was any good.
Other comparisons.
Take the structured path.
TradeWize is free. No credit card, no experience needed. Your first lesson takes about three minutes.
Comparison based on publicly available information as of July 2026; prices and features change, so check each provider for the latest. Prices are shown in USD for a like-for-like comparison; your local price may differ, as TradeWize and some competitors localize pricing by region. All product names and trademarks belong to their respective owners; this page is not affiliated with or endorsed by them.