Michael Kuchar

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
  • 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

Low Commission Forex Brokers

Low Commission Forex Brokers

No trader in the world wants to pay exorbitant fees when trading. While the spread is the primary cost of trading on the markets, some brokers also charge commissions. Furthermore, some forex brokers provide commission accounts for traders who want to trade with ultra-low spreads. Today, we will be looking at the best low-commission forex brokers.
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09 November, 2022
Best Forex Brokers in Ireland

Best Forex Brokers in Ireland

Traders in the market have a plethora of forex brokers to choose from. Different traders have different investment needs, so they will have different choices in the forex broker that best suits their needs. In this review, we will be looking at the best forex brokers in Ireland. We will look at the brokers that best meet our criteria to belong on this list.
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08 November, 2022
Best TradingView Brokers for Crypto

Best TradingView Brokers for Crypto

Known not just as a trading platform but also a powerful charting tool and social network, TradingView has become a favorite for over 30 million traders worldwide. They rely on it to identify opportunities across a variety of financial markets, from forex to stocks, indices, and futures—and, of course, crypto. With that in mind, let’s explore the top TradingView-compatible brokers for crypto trading.
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08 November, 2022
XAU/USD Lowest Spread Brokers

XAU/USD Lowest Spread Brokers

As a gold trader, one of the most important factors to consider when choosing your broker is the spread. To reduce the costs of placing a trade, you should choose to use a broker with a low-spread charge per transaction. This is why we will be looking at some of the best low-spread brokers for gold trading you can choose to use.
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06 November, 2022
eToro Review Ireland

eToro Review Ireland

eToro is a multi-asset investment platform launched in 2007 with a good reputation among traders. The company has roughly 30 million users and is one of the biggest CFDs brokers in the world. Additionally, eToro is perhaps the best broker for copy trading in the world. Luckily for traders in Ireland, eToro is available here. Let’s look at what eToro has to offer to clients in Ireland.Is eToro Available in Ireland?Yes, eToro is available and legal in Ireland. While not regulated by the Central Bank of Ireland, eToro can operate freely within Ireland thanks to the CySEC license that applies to all EU countries. Furthermore, eToro g...
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05 November, 2022
5 Best Currency Pairs for Day Trading

5 Best Currency Pairs for Day Trading

The secret to day trading success is finding a suitable currency pair. The most profitable currency pairs to day trade are those that have high liquidity and volatility. They provide you with many trading opportunities and offer the lowest spreads. Below are some of the best currency pairs for day trading.
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04 November, 2022
Is MetaTrader 4 a Broker?

Is MetaTrader 4 a Broker?

For traders relatively new to trading, it is easy to get overwhelmed with a wide variety of new terminologies. It is very understandable if you are overwhelmed with so many unanswered questions. Okay, so you have heard of MetaTrader 4 and also know that you need a broker to place a trade. You may be wondering if Metatrader 4 is a broker in itself. To clear all confusion, you should know that Metatrader 4 is not a broker but a third-party trading platform.
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01 November, 2022
Tier one Trading Platforms and Brokers

Tier one Trading Platforms and Brokers

Trading financial markets come with a lot of challenges. Choosing a broker to invest in significantly affects the trading experience of a trader. Many companies claim to offer the best trading conditions to clients. While there are many legitimate brokers in the world, not all of them provide the best trading conditions. This review will look at the online brokers that meet our tier 1 trading platforms criteria.
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31 October, 2022
Best Unlimited Leverage Forex Brokers

Best Unlimited Leverage Forex Brokers

Most traders are attracted to the financial markets because of the ability to trade Forex and other CFDs using the power of leverage. In forex, leverage is simply the extent to which you are allowed to open large trading positions with a small capital called a margin. Leverage makes trading very lucrative, but at the same time, it does come with increased risks. There are very few brokers with unlimited leverage as most brokers put a limit on leverage, even if the available leverage is high.
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30 October, 2022
Forex Brokers with Best Positive Swap Rates

Forex Brokers with Best Positive Swap Rates

Forex Swap is one of the costs associated with Forex trading. In Forex, a swap is simply the interest you will be charged for leaving a trade open overnight in the Forex market. It is completely different from other trading costs like spreads and commissions. Swap can be positive or negative. In this article, we are assessing the positive swap rates of some of the most trusted forex and CFD brokers.
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28 October, 2022
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