Michael Kuchar

Michael Kuchar

Hi, I'm Michael and my area of expertise is Forex and cryptocurrency trading. I specialize in intraday trading of G20 currencies and use a combination of fundamental and technical analysis to anticipate potential market movements. My current main interest lies in cryptocurrencies, especially in Ethereum and decentralized applications.

Basic information

Education: B.A in Economics/Business, University of Pardubice
Current work: CEO of TradingBeasts.com
Published on: TalkMarkets, BitcoinMagazine.com, FXEmpire.com,
Contributor to TradingBeasts: Since April, 2016

Investing

Trading style: Intraday trader / Analyst
Favourite assets: EUR, CAD, WTI, Gold

Favourite quote

Compound interest is the eighth wonder of the world. He who understands it, earns it; he who doesn't, pays it.

Albert Einstein - Mathematician and physicist, winner of nobel prize in physics

Latest articles from this author

Forex Brokers that accept Credit/Debit Cards

Forex Brokers that accept Credit/Debit Cards

The use of credit and debit cards as a payment channel by forex brokers is not new and has been around since the early days of retail forex trading. This article will look at the best forex brokers that accept credit/debit cards, their key features, and deposit and withdrawal policies.

Payoneer Supported Forex Brokers

Payoneer is a popular international payment system that the company's clients use to send or receive money all over the world. According to the Payoneer website, they have over 4 million users across 200+ countries to whom they provide a fast, flexible, secure and low-cost solution. Payoneer accounts can be held in USD, EUR, GBP, JPY, CAD, AUD & MXN.What Forex brokers are accepting Payoneer?Unfortunately, I could not find any forex broker that would directly accept Payoneer for deposits and withdrawal (And I doubt that there is any). With that being said, because Payoneer offers ACH Bank Debit card, credit card, local bank transf...

Forex Brokers accepting Volet

Volet (formerly Advanced Cash) is a popular international payment system that offers plastic and virtual cards that clients can use to pay easily for goods and services all over the world. Thanks to the Volet popularity, many forex brokers adopted this payment system as one of the possible funding methods and are now accepting Volet as a method that traders can use for deposits and withdrawals.

Binomo VIP Account - Discover All Its Benefits

[vc_column width="3/4"]The Binomo VIP account is a special account type which provides to Binomo clients some special advantages. Today, we will take a look at what are the benefits of having Binomo VIP account and we shall tell you how you can obtain the VIP status.Get the VIP Binomo AccountWhen trading with real money, your capital is at risk.Note to European visitors: Binary options are not promoted or sold to retail EEA traders. If you are not a professional client, please leave this page.What are the benefits of Binomo VIP account?In comparison to the standard Binomo account, Binomo VIP account offers higher payouts, access ...

XM.com Sign up Guide - How to register a new account

XM.com Sign up Guide - How to register a new account

XM.com is a popular CFD and Forex trading broker. Today, we will provide you with a step-by-step guide on how to sign up at XM.com. So let's get right into finding out how to register a new XM.com account.

Plus500 Professional account - Advantages & How to get it

Plus500 offers to professional clients unique account type called the Plus500 Professional account. Unlike the Plus500 retail account, this pro account allows its traders to use higher leverage when opening trades. Today, we will cover what are all the advantages and disadvantages of the Plus500 Professional account and the conditions you have to meet to get such an account.Plus500 Professional vs Retail account leverageBecause on Plus500 pro clients do not apply the ESMA (The European Securities and Markets Authority) rules and leverage restrictions, they can take advantage of higher leverage. Here is a breakdown and comparison ...

IQ Option Tournaments - Rules & Strategies

[vc_column width="3/4"]This material is not intended for viewers from EEA countries. Binary options are not promoted or sold to retail EEA traders.In most countries outside the European Economic Area, IQ Option holds trading tournaments in which you can win real cash. Today, we will cover what are the rules of IQ Option tournaments and what strategies you can implement to get off on the right foot.Can I enter IQ Option tournaments for Free?Some tournaments can be entered free of charge and are funded by the broker. However, most tournaments require you to put the entry fee. This fee differs from tournament to tournament. However,...

Is Forex Trading Halal or Haram According to Islam?

Is Forex Trading Halal or Haram According to Islam?

[vc_column width="3/4"]The issue of whether online forex trading is halal or haram according to Islam is a very controversial one. Controversial, because there does not seem to be a uniformity of opinion among many scholars on the issue. But what is the basis of the argument?The argument usually centres around whether forex trading constitutes a form of investment whose returns can be classified as usury. However, there is a lot more that is involved and this article will attempt to shed some light on the matter whether forex trading is halal or haram. It is pertinent to note that the writer is not a Muslim and views expressed he...

Forex Trading in Kenya - Basics, Regulation

Forex Trading in Kenya - Basics, Regulation

[vc_column width="3/4"]Forex trading in Kenya has assumed great importance because of the technological and regulatory advances that have been made there as far as financial market operations are concerned. Kenya is located in East Africa and is considered the most advanced economy of the region. Kenya’s e-payment revolution is well known, being the first country to push mobile payments to the forefront of economic activity not just in the region, but in Africa. These advancements have allowed the forex market to take a solid hold in the country.Overview of the FX market in KenyaKenya’s forex industry operates within the confines...

IQ Option Perfect Money - Deposits and withdrawals

IQ Option Perfect Money - Deposits and withdrawals

IQ Option supports Perfect Money deposits and withdrawals in nearly all countries outside EEA. In this article, you are going to find out in what countries IQ Option accepts Perfect Money and how to deposit and withdraw money via this popular funding method.Does IQ Option accept Perfect Money?Yes, IQ Option supports Perfect Money deposits and withdrawals. This funding method is available on the IQ Option platform to traders from Asia, Africa, Oceania as well as South America. So no matter whether you are a resident of South Africa or Mexico, you can use Perfect Money as a deposit and withdrawal method (see from what countries IQ ...

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