Michael Kuchar

Michael Kuchar

Hi, I'm Michael, founder of TradingBeasts.com since 2016. I compare and review forex and CFD brokers based on hands-on experience. As an active intraday trader specialising in G20 currencies and XAU/USD, I test platforms from a real trader's perspective and create educational content for traders at all levels.

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

There is a time to go long, a time to go short, and a time to go fishing

Jesse Lauriston Livermore - Early 20th-century trading icon and a pioneer of day trading

Latest articles from this author

Best Spread Betting MT4 Brokers

Best Spread Betting MT4 Brokers

Spread betting is a type of trading that involves taking a bet on the future price movement of assets instead of taking ownership of the assets themselves. Brokers set a spread that includes the bid and the ask, hoping to get equal action on both sides of a game. On the other hand., traders bet on whether the price will go lower than the bid price or higher than the asking price.Today, we are going to look at some of the best spread betting MT4 brokers that exist. But first, let’s look at a brief explanation of what spread betting is.What is Spread Betting?Spread betting is a type of derivative trading that allows investors to sp...

Forex Broker Scam List - Blacklisted Companies by Regulators

Forex Broker Scam List - Blacklisted Companies by Regulators

There are many forex brokers in the market today claiming to be legitimate but are really scam operations. At face value, separating these scam brokers from the legitimate ones can be impossible. However, there are a few characteristics that can help traders identify sham brokerage firms in the market.In this piece, we will look at a forex broker scam list. Specifically, we are going to look at blacklisted companies by regulators. But before that, let’s look at some of the ways you can spot a scam broker.How to Spot a Scam BrokerThere are three main things to look out for to identify a scam broker. They include: Lack of reputabl...

Brokers With No Inactivity Fees

Brokers With No Inactivity Fees

An inactivity fee is a charge imposed on clients when there is no activity on their account. This charge takes effect when clients do not make any buy or sell orders in their accounts for a given period. This review will look at brokers with no inactivity fees.

Best Brokers for API Trading

Best Brokers for API Trading

API trading is becoming increasingly popular among forex traders who seek automation, speed, and efficiency in executing their strategies. Before exploring the best brokers for API trading, let’s first take a quick look at the different types of APIs available and how they cater to various trading needs.

FTSE 100 Spread Betting

FTSE 100 Spread Betting

FTSE stands for the Financial Times Stock Exchange. This stock exchange now goes by the name FTSE Russell Group and is owned by the London Stock Exchange alongside other bourses and companies. Notably, the FTSE provides a plethora of indices including the FTSE 100 index. Today, this index is one of the most popular among traders.In this article, we are going to discuss FTSE 100 spread betting and look at some of the brokers that allow traders to do that. But before we do that, let’s have a little more information on the FTSE 100 and spread betting.What is The FTSE 100?The FTSE 100 is an index that keeps track of the 100 biggest c...

Best Forex Brokers For Backtesting

Best Forex Brokers For Backtesting

Backtesting is a very crucial practice in forex trading. Basically, it is the process of testing how well a trading strategy would perform under historical data before using it in the live market. While this sounds simple, selecting the best time period to test a strategy against is key and can be tricky. Traders need to select a time period that best represents market scenarios with diverse events and price movements. Additionally, it is crucial to select a broker that best fits backtesting purposes.In this review, we will look at some of the best forex brokers for backtesting. But before that, let’s get a little more familiar w...

Best FINMA Regulated Brokers in Switzerland

Best FINMA Regulated Brokers in Switzerland

Forex trading comes with a lot of risks and a large percentage of traders lose money. Trading with a top-notch broker could be the difference between earning profits or taking losses. The best brokers always put their clients in a position to succeed in trading. They do this by providing a fair trading environment with fairly low fees and ultra-fast execution.Today, we are going to look at some of the best Swiss forex brokers. But before that, we would like to cover our bases on two important things.Is It Legal To Trade Forex in Switzerland?Yes, forex trading is completely legal in Switzerland and is regulated by a reputable body...

Best Forex Brokers According to Reddit Users

Best Forex Brokers According to Reddit Users

Reddit is one of the best sites for discussing common interests and interactions with anonymous strangers from all over the world. Reddit offers a huge platform with 52 million active daily users all expressing their thoughts on one subject or the other. As such, it is a great resource to curate people’s opinions from various parts of the world. In this research piece, we are going to use Reddit as a resource to find out what people’s opinions are on the best brokers in the market.

Best Execution Only Brokers in the UK

Best Execution Only Brokers in the UK

Execution-only brokers only deal with the execution and reporting of orders placed by clients. Such brokers do not offer any financial advice to their clients or financial planning. Therefore, these types of brokers enable clients to have full financial control as they only deal with the final product of what the client decides. These sorts of brokers are fast and act within seconds delivering fast executions to clients.In this review, we will look at some of the brokers that offer such services to clients. Let's take a look at some of the best execution-only brokers in the UK today.PepperstonePepperstone is widely considered amo...

Best ECN Brokers with Low Minimum Deposit

Best ECN Brokers with Low Minimum Deposit

Forex brokers with no or low minimum deposits are ideal for beginning traders. They are also ideal for clients who do not have a large capital to invest. Brokers can attract such clients and potentially retain them as long-term customers by offering a low minimum deposit. They encourage investors to trade in smaller increments, which can benefit both the investor and the broker. In this review, we are going to look at some of the best ECN brokers with low minimum deposit. let’s jump in.

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