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[ Confirm upstream transport MCP ]

How to Use Paper MCP Server with Bifrost

Realistic paper trading platform with market simulation, 22 broker emulations, and professional tools for risk-free trading practice. First trading platform with MCP integration.

[ MCP SERVER SUMMARY ]

Paper MCP server summary

Realistic paper trading platform with market simulation, 22 broker emulations, and professional tools for risk-free trading practice. First trading platform with MCP integration. Connect Paper through Bifrost MCP Gateway to centralize access control, virtual keys, and tool-call observability for your AI assistants.

PropertyDetails
CompanyUpstream maintainer
Connection typeConfirm upstream transport
AuthenticationVaries by upstream server
Package or endpointSee upstream documentation
CapabilitiesPaper tools over MCP, AI assistant connectivity, Governed tool access through Bifrost
Official documentationPaper MCP documentation

Before you start

  • Review the Paper upstream documentation for its installation requirements
  • Obtain any credentials required by the upstream service
  • A running Bifrost MCP Gateway instance

What you can do with Paper

  • Realistic paper trading platform with market simulation, 22 broker emulations, and professional tools for risk-free trading practice. First trading platform with MCP integration.
  • Expose Paper tools to Claude, Cursor, and other MCP clients through one endpoint
  • Apply virtual keys, tool allowlists, and audit logging at the gateway
MCP ServerIntegration

[ HOW TO CONNECT ]

Connect Paper to Bifrost in three steps

1

Install Bifrost

Start the gateway locally or deploy in your VPC.

npx -y @maximhq/bifrost
2

Add Paper in MCP Gateway

Open MCP Gateway in the Bifrost dashboard, click New MCP Server, and select the transport documented by the upstream server. Or register via the API below.

• Confirm the transport, command or endpoint, and authentication requirements in the Paper upstream documentation.

• Replace every placeholder in the example before sending the request.

3

Point clients at Bifrost /mcp

Configure Claude Desktop, Cursor, or Claude Code to use your Bifrost endpoint with a virtual key instead of connecting directly to Paper.

{
  "mcpServers": {
    "bifrost": {
      "url": "http://localhost:8080/mcp",
      "headers": {
        "Authorization": "Bearer vk_your_virtual_key"
      }
    }
  }
}

[ EXAMPLE CONFIG ]

Register Paper via API

Add this MCP client with a POST to /api/mcp/client. See Connecting to MCP Servers for full options.

# For a remote HTTP or SSE server:
curl -X POST http://localhost:8080/api/mcp/client \
  -H "Content-Type: application/json" \
  -d '{
    "name": "paper",
    "connection_type": "<http|sse>",
    "connection_string": "<upstream MCP endpoint>",
    "tools_to_execute": ["*"]
  }'

# For a local STDIO server:
curl -X POST http://localhost:8080/api/mcp/client \
  -H "Content-Type: application/json" \
  -d '{
    "name": "paper",
    "connection_type": "stdio",
    "stdio_config": {
      "command": "<upstream command>",
      "args": ["<arg>"]
    },
    "tools_to_execute": ["*"]
  }'

[ WHY BIFROST ]

Run Paper through one governed gateway

Access control

Virtual keys, RBAC, and tool allowlists per team or agent.

Cost governance

Attribute MCP tool spend alongside LLM usage in one view.

Observability

Log every tool call with latency, server, and virtual key metadata.

Credential isolation

Upstream secrets stay in the gateway — not on every laptop.

[ FAQ ]

Common questions

What does the Paper MCP server do?

Realistic paper trading platform with market simulation, 22 broker emulations, and professional tools for risk-free trading practice. First trading platform with MCP integration. The exact tools available depend on the upstream server version and configuration.

How do I connect Paper to Bifrost?

Check the upstream documentation to determine whether Paper uses STDIO, Streamable HTTP, or SSE. Then add it as an MCP client in Bifrost using the corresponding command or endpoint.

Does Bifrost replace the Paper MCP server?

No. Bifrost connects to Paper as an upstream MCP client and adds a governed gateway between that server and your AI assistants.

[ MCP GATEWAY ]

One gateway for Paper and every other MCP server

Bifrost MCP Gateway gives you tool-level access control, audit logs, and up to 92% lower token costs when agents orchestrate multiple tools.