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

Top 7 Crypto Trading Setups You Need To Know By Heart

Top 7 Crypto Trading Setups You Need To Know By Heart

The content is supplied by Ruslan Abdullin, on the behalf of True P&L – a public rating platform.Developing a profitable trading strategy takes more than just following the guides. You have to learn by heart a specific configuration of charts called setups. Knowing them and being able to identify in charts always takes you a step forward to the majority of traders. Let’s discuss the top setups used by traders.1. Golden/Death CrossThis setup is great for understanding that the trend change is coming. If you examine short-term moving average and find that it crosses its long-term moving average, you know the trend line movement...

Even a hint of conflict can destroy a currency

The content is supplied by Finance Makers, on the behalf of Axiory - a Belize regulated brokerage. We live in unprecedented times with the novel coronavirus pandemic taking over the world and the chaos prevailing in the United States. Nevertheless, conflicts that existed before remain a great threat to the security of nations, people, and their stability. Under the current circumstances, millions of people are under a constant threat of being left homeless due to the conflicts erupting within the region. Military or political conflicts are a real threat that jeopardizes the peace, stability and economic prosperity of any nation r...

Forex Brokers in Kenya with M-Pesa

Forex Brokers in Kenya with M-Pesa

Forex brokers that accept M-Pesa offer the opportunity to deposit and withdraw funds from a forex account using the M-Pesa payment channel. The M-Pesa payment channel is particularly popular in Kenya and Tanzania, but its popularity is also increasing throughout Afghanistan, Mozambique and India. M-Pesa is coined from a Swahili term: “m” stands for “mobile” and “pesa” stands for “money”. M-Pesa is a mobile payment method set up by Vodafone’s Kenyan partner.

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 ...

Plus500 Professional account - Advantages & How to get it

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...

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