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

Forex Currency Pairs With Lowest Spreads

Forex Currency Pairs With Lowest Spreads

The spread in forex trading is the difference between the selling price and the buying price for currency pairs. On most forex brokers, the spread is the primary cost of trading. This is how forex brokers make money from trades. Unsurprisingly, the most traded currency pairs involve the lowest spreads in the market. While the spread changes from broker to broker, it is lowest on the most traded currencies. Let's look at the forex currency pairs with the lowest spreads.

27 October, 2022

The Best Pairs to Trade During the London Session

The Best Pairs to Trade During the London Session

London is considered the forex capital of the world. The London(European) session accounts for 43% of the total transactions that take place on the markets. This session is characterized by high liquidity, increased volatility, and low bid/ask spreads on most pairs. While it is recommended to trade during the London session, it doesn't guarantee that you’ll make profits. If you pick the wrong pair, your chances of becoming profitable will be very slim. Choosing the right pair is the most effective way to capitalize on this session. Here are some of the best pairs to trade during the London session.1. EURUSDEURUSD is the most trad...

26 October, 2022

Best Brokers for Scalping Crypto

Best Brokers for Scalping Crypto

As traders, we all have different trading styles and strategies. The choice of strategy might be because of current market conditions or your unique trading style. Scalping is a trading style wherein a trader holds a trade for a very short time (a few seconds or minutes) to catch small profits from the financial markets. As a trader involved in scalping crypto, ensuring that your chosen broker supports scalping is crucial.

24 October, 2022

Best Forex Brokers in the USA For Beginners

Best Forex Brokers in the USA For Beginners

It is no secret that the USA is one of the most active countries in the forex market. The US Dollar is the most heavily traded currency in the world. Additionally, it is the world’s most dominant reserve currency. As expected, many forex traders hail from the US and more are entering the market each day.As such, countless forex brokers are popping up in the market seeking to serve US clients. Unfortunately, some of these brokers do not offer the best trading conditions. In this review, we will list some of the best forex brokers in the USA for beginners. But first, let’s go over some important questions.Is Forex Trading Legal in ...

22 October, 2022

ActivTrades Review - What to Expect From the Broker

ActivTrades Review - What to Expect From the Broker

Founded in 2001, ActivTrades is a CFD broker promising one of the best trading conditions in the market including very tight spreads. Luckily enough, ActivTrades is licensed and regulated by multiple Watchdogs in multiple jurisdictions. These include the FCA (UK), the CSSF (Luxembourg), the SCB (Bahamas) and CONSOB (Italy). In this review, we will look at some of the features that ActivTrades has to offer to its clients. Let’s jump in.General Risk Warning: 74-89% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take ...

18 October, 2022

FCA Regulated Forex Brokers - Top 10 Picks in the UK

FCA Regulated Forex Brokers - Top 10 Picks in the UK

The United Kingdom is one of the most active regions in forex trading. In total, there are over 160 forex brokers operating in the UK. Such a high number of forex brokers confuses and makes the decision-making process for traders a little more challenging. This is especially hard for new traders. In this article, we will be looking at the best forex brokers in the UK.

14 October, 2022

Brokers with Zero Fees on Deposits and Withdrawals

Brokers with Zero Fees on Deposits and Withdrawals

There are dozens of brokers that allow us to trade in the Forex market. All of them are in competition with each other and they all place more importance on user experience every day. Offering low transaction fees, tight spreads, advanced analysis tools and more, brokers stay one step ahead of their competitors. We often no longer have to pay fees when depositing and withdrawing funds from our broker account.

08 October, 2022

Forex Brokers That Trade Cryptocurrency On Weekends

Forex Brokers That Trade Cryptocurrency On Weekends

There are many forex and CFD brokers in the market that support crypto trading. However, not all brokers allow investors to trade on weekends. In this article, we will be looking at some of the best brokers that support crypto trading on weekends, which means that the broker provides 24/7 crypto trading.

04 October, 2022

Cent Account vs Standard Account - How Do They Differ?

Cent Account vs Standard Account - How Do They Differ?

Whether you are a beginner or an expert trader, trading on a cent account can offer a lot of upsides. The first ever cent forex account dates back to 2006. However, in recent years, this type of account has gained much popularity among forex brokers. In this review, we will be looking at the differences between a cent account and a standard account. We will also look at the advantages and disadvantages of each. Without further ado, here is our Cent Account vs Standard Account review.Cent AccountAs the name suggests, a cent account allows traders to trade financial markets using cents. Such accounts keep the user’s balance in cent...

03 October, 2022

10 Best Forex Brokers with Instant Withdrawals

10 Best Forex Brokers with Instant Withdrawals

One of the most considered features when choosing the best forex brokers is the instant withdrawal feature. If you want quick cash access to your profits and want to use the money in your account, you should choose a Forex broker that offers fast withdrawals. In this article, we will take a look at forex brokers and trading apps that offer instant or same-day withdrawals.

03 October, 2022

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Founded in 2016, TradingBeasts helps individual traders choose brokers and trade more responsibly across forex, crypto, and other markets. We trade the markets ourselves and open live accounts with many of the brokers we cover. We review brokers in depth, covering their platforms, features, and costs, and compare them side by side.

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