No is the short answer.
If you want to learn how to spread bet read our ultimate guide to spread betting.
Most spread betting customers lose money because they run before they can walk. If you are considering enrolling on an educational spread betting course it is a clear sign that you are not experienced enough to be trading on margin.
These courses are usually free to attend and do cover the basics of technical and fundamental analysis. However, the main purpose of the free courses is to try and sell you access to a private trading tutor or another investing course that could cost thousands of pounds.
Even though spread betting makes the market accessible to everyone it doesn’t mean that it is appropriate for everyone.
To learn about investing and trading the financial markets it is important that clients get the fundamentals right first. If you feel you need help with your trading you will lose money.
If you want to learn about the financial markets with the intention of becoming a professional trader get a job in the city. Entry level jobs at spread betting firms and stock brokers are easier to get than you think.
Or if you are not quite ready for a career change yet read these books on spread betting as a starting point.
Better still read our guides on ten things to understand before you start trading…
1. How to use support and resistance levels in trading
2. Using Moving Averages Effectively – Part 1
2.5 Using Moving Averages Effectively – Part 2
3. Momentum indicators and trends change
4. Understanding Price Breakouts and its Significance
5. Q&A On Price Patterns With Jackson Wong PhD
6. The Importance of Group Analysis
7. Three Chart Characteristics That Precede A Trend Change
8. Thoughts on trading the market via Breadth
9. Six Market Trends To Look For Outside Individual Price Action
10. The Key To Long-Term Investment Success – Know Yourself…
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Richard started the Good Broker Guide in 2015 and has been a broker for 20 years most recently at Investors Intelligence and previously a multi-asset derivatives broker at MF Global (Man Financial). Richard started his career working as a private client stockbroker at Walker Crips and Phillip Securities (now King and Shaxson) after interning on the NYMEX oil trading floor in New York and London IPE in 2001 & 2000.