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

Best Currency Pairs to Trade for Beginners

Best Currency Pairs to Trade for Beginners

The forex market can be very intimidating to beginners. Many markets in the forex space are very volatile, especially for new traders who do not have trading strategies yet. However, there are markets that are more favourable to beginner traders. In this review, we will be looking at the best currency pairs to trade for beginners.
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24 September, 2022
How to spot MetaTrader 4 Scams

How to spot MetaTrader 4 Scams

MetaTrader 4 as a trading software was developed in 2005 by a Russian company called MetaQuotes. MT4 is the most popular trading software among all brokers and traders worldwide. The biggest competitor of this software, which has established itself as a favourite software, is MetaTrader 5, which is a new version of itself.MetaQuotes, which strives to offer online trading to a wide audience is becoming more popular day by day, it has developed this two great software and made them suitable for use on devices such as computers, smartphones, and tablets. However, the widespread use of MetaTrader 4 has brought some problems with it. ...
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24 September, 2022
How Many Crypto Exchanges Are There?

How Many Crypto Exchanges Are There?

If you are looking to add some crypto assets to your portfolio, the best place to look at is crypto exchanges. These exchanges allow investors to buy cryptocurrency using Paypal, bank transfers, credit cards and other methods with their fiat currencies. Investors can also exchange their already owned crypto for other crypto assets.But how many crypto exchanges are there?The Number of Crypto Exchanges in the MarketIt is very hard to determine the exact number of crypto exchanges that exist. New crypto exchanges are popping into the market every day. However, a good way to estimate this is to look at a cryptocurrency data aggregato...
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19 September, 2022
No Slippage Brokers - Are there any?

No Slippage Brokers - Are there any?

Slippage in forex is when an order is filled at a different price rate from the requested price. It is therefore the difference between the requested price and the price during execution. Typically, slippage happens due to market volatility or when trading in the off-peak hours of a currency pair. Today, we will take a look at some of the best little-to-no-slippage brokers in the market.
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17 September, 2022
Best Zero Spread Forex Brokers

Best Zero Spread Forex Brokers

Investors are always looking to save money while trading in the forex market. In some cases, zero-spread accounts can help traders save on trading fees. There are a number of forex brokers in the market that feature zero-spread accounts. In this article, we will be looking at the best zero spread forex brokers.
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14 September, 2022
Best Corn Commodity Brokers

Best Corn Commodity Brokers

Corn has the ability to hedge against inflation, just like various other commodities. But because most traders who want to trade commodities such as corn do not have sufficient warehouses to store them, most of them opt for speculating on their prices instead. One of the most convenient ways to do that is by trading CFDs on corn which many big brokers in the industry support. And this article will talk about the 17 popular corn commodity CFD brokers
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13 September, 2022
Best Forex Brokers in Europe

Best Forex Brokers in Europe

Choosing the best forex broker to trade with is a difficult task. Many companies in the market fail to deliver on what they promise. It is no different in the Europe, which is often regarded as one of the most active regions in the forex space.This review will be looking at the best forex brokers in Europe.
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08 September, 2022
TradingView Broker List

TradingView Broker List

TradingView is a powerful charting platform used by traders for technical analyses. This tool is suitable for all levels of traders. Technical analysis and charting are always intimidating to novice traders. Luckily, TradingView provides an educational section to help beginners use the tool. This ensures that such traders are as proficient in charting as seasoned traders. 
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06 September, 2022
What to Consider When Trading CFDs

What to Consider When Trading CFDs

Did you know you can invest in gold without necessarily buying physical gold? You can opt to trade gold CFDs instead of going through the hassles of investing in physical gold.According to finder.com In 2020, interest from CFD trading grew by 193%. These massive returns appeal to many investors making CFDs popular.For starters, Contract for Difference (CFD) involves speculating on a price of a derivative of a financial instrument. The underlying financial instrument can be forex, stocks, indices, and commodities. You can therefore trade CFDs of oil, coffee, S&P, and currency pairs like USDCAD. Essentially, you do not have phy...
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06 September, 2022
Is Forex Trading Legit or a Scam?

Is Forex Trading Legit or a Scam?

Is forex trading legit? This is a question that many traders ask, especially after encountering challenges. Imagine blowing two or more accounts in a row? The thing that comes to mind is trading is probably a scam and undependable. You are convinced the brokers are hunting you and are after your money.
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30 August, 2022
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