Learning financial spread betting in the UK can be a challenge. Wading through the broker-pushers and top 100 lists doesn’t really help when you are learning the ropes! So here, we’ve compiled the Top 7 places we’ve found where you, as a beginner, can learn financial spread betting online.
1. Spread Bet
SpreadBet.ai
Best for: AI-driven insights and beginner to advanced strategies
At the top of our list is SpreadBet.ai, a cutting-edge resource for spread bettors looking to harness the power of AI-driven mAt the top of our list is Spread Bet, a truly valuable resource for spread bettors looking to both learn the ropes, and then advance all the way through to learning more advanced AI & automated trading strategies. The platform offers comprehensive guides and tools for both beginners and experienced traders as well as ranking brokers by frankly, what they are best at! SpreadBet.ai makes learning spread betting straightforward by offering:
- Step-by-step tutorials for those new to spread betting
- Detailed broker reviews
- Side-by-side broker comparisons
Whether you’re looking to master the basics or refine your advanced strategies, This s a great place to start.
2. Investopedia
Investopedia – Spread Betting
Best for: Definitions and basic concepts
Investopedia is a go-to resource for any financial term or concept. The website offers a thorough explanation of spread betting, with detailed articles that break down:
- What spread betting is and how it works
- The advantages and risks of spread betting
- Tax implications in different jurisdictions
- Example trades to illustrate core concepts
For those looking to understand the basic terminology or explore spread betting in a wider financial context, Investopedia offers easy-to-read articles that are frequently updated.
3. BabyPips
BabyPips
Best for: Learning Forex spread betting
While BabyPips is widely known for its Forex trading education, it is also an excellent resource for spread betting on currency pairs. Their School of Pipsology is perfect for beginners who want to understand how spread betting works in the Forex markets, offering:
- Interactive lessons on trading and spread betting concepts
- Guides on how to manage risk with leverage in spread betting
- Comprehensive Forex-specific spread betting strategies
BabyPips excels in its simplicity and step-by-step learning approach, making it an ideal starting point for those focused on Forex spread betting.
4. IG Academy
IG Academy
Best for: Interactive courses and webinars
IG is one of the largest brokers offering spread betting, and their IG Academy provides a rich set of resources, including interactive courses, webinars, and tutorials that are tailor-made for spread bettors. Their educational tools include:
- Interactive courses that cover beginner to advanced topics
- In-depth videos explaining how to manage risk in spread betting
- Real-time practice with demo accounts, so you can apply what you’ve learned without financial risk
Whether you’re just getting started or looking to polish your skills, IG Academy offers a practical learning environment with strong broker support.
5. The Spread Betting Blog by Financial Spread Betting
Financial Spread Betting
Best for: Daily market updates and spread betting tips
For those looking for daily updates and insights on spread betting opportunities, The Spread Betting Blog provides a mix of commentary, tips, and market analysis. Key features include:
- Daily posts on market events and trading opportunities
- Case studies and real-world examples of spread betting strategies
- Reviews of different brokers and platforms for spread betting
This blog is highly useful for traders who like to stay informed about daily market movements and want a more hands-on approach to learning.
6. TradingView
TradingView
Best for: Charting tools and community insights
TradingView isn’t specifically a spread betting site, but it is one of the most robust charting platforms used by traders, including spread bettors. It allows users to:
- Access advanced charting tools with a vast range of technical indicators
- Collaborate with the community by sharing ideas, strategies, and charts
- Connect with brokers to trade directly from the platform
For those looking to build and test spread betting strategies based on technical analysis, TradingView is invaluable. It’s also home to a large trading community where you can learn and interact with others.
7. Spread Betting Beginner
Spread Betting Beginner
Best for: Step-by-step beginner guides
As the name suggests, Spread Betting Beginner is designed for people new to spread betting. The site offers a range of articles and videos that break down:
- The basic concepts of spread betting
- How to choose a broker
- Step-by-step instructions on opening and closing trades
The site is designed to make learning easy and accessible, and it regularly updates its content to keep up with market changes. It’s particularly helpful for those who need a simple, jargon-free introduction to spread betting.
Conclusion
There are many excellent resources available to help you learn the ins and outs of spread betting. Whether you’re just starting or looking to refine your strategies, these websites provide a mix of educational content, market analysis, and practical tools.
For beginners, SpreadBet.ai and BabyPips offer a straightforward introduction, while more advanced traders might appreciate the charting tools of TradingView or the in-depth market analysis provided by IG Academy. No matter where you are in your trading journey, these resources will equip you with the knowledge and skills to succeed.
Sources for Further Learning:
- SpreadBet.ai
- Investopedia
- BabyPips
- IG Academy
- The Spread Betting Blog
- TradingView
- Spread Betting Beginner
- DailyFX
James is a former FTSE100 AI Director and trader with 10+ years trading his own capital. He is the Managing Director of SpreadBet.AI and currently trades his own capital through both CFD trading & spread betting as well as working with one of the leading prop firms in the world.
