Featured Broker: CMC Markets - FX, CFD & Spreadbetting on 10,000 instruments, LSE Listed, Est. 1989
No is the short answer.
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.
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