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

The Most Effective Method to Set a Proper Stop Loss

What is a stop-loss order? You place a stop-loss order with your broker to sell your securities when they are at a given price. These help to reduce the extent of loss you might incur. For instance, if you set your stop-loss order at any percentage below the price in which you bought the security, the loss will be limited to that percentage.How to Place a Stop Loss OrderThe best method to place a stop loss should involve placing it at a position where you will know that you were wrong about your strategy in case you’re hit. You cannot be perfect in all your trades. The prices of the stock will not always favor you after your purc...
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11 December, 2019

KVB PRIME Review – What to expect from the broker

KVB PRIME is a Forex and CFD Broker that features on its trading platform currency pairs as well as CFDs on metals and energies. KVB Prime (UK) Limited is regulated and overseen by the Financial Conduct Authority (FCA) in the United Kingdom. The broker charges on EUR/USD spread 1.6 pips*, real trading is possible with a minimum deposit of $100. What do we cover in our KVB PRIME Review?[toc][ecp code="general-warning"]Basic information about the broker Website address: www.kvbprime.co.uk Leverage: up to 1:25 Instruments: Forex, CFDs - metals, energies Minimum deposit: $100 Demo account: N/A Methods of deposit and withdrawal:...
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14 October, 2019

Ride the Vegan Wave: Here are 5 Vegan Companies to Invest in

The following post does not provide investment advice.Since 2009, investment into plant-based brands has increased to about $17 billion with more than half of the amount being obtained in the last two years. According to a New York Post report, one-third of the U.S. population is now considered as flexitarians, giving a lot of reasons to invest in vegan companies. In a bid to help readers and investors to ride the vegan wave, we present to you five vegan companies to invest in.Beyond Meat (BYND)Beyond Meat is a Los Angeles company founded by Ethan Brown in 2009. It is a plant-based meat substitute that has over the years been rec...
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19 September, 2019

GMG Markets Review – What to expect from the broker

GMG Markets is a Forex and CFD Broker that features on its trading platform CFDs on Forex, shares, commodities, treasuries. GMG Markets is a subsidiary company of Global Markets Group Limited, a corporation that is regulated and overseen by the Financial Conduct Authority (FCA) in the United Kingdom. The minimum spread is for EUR/USD 1.1 pips*, real trading is possible with a minimum deposit of $200. The GMG Markets website is available in English, Spanish and Chinese.What do we cover in our GMG Markets Review?[toc][ecp code="general-warning"]Basic information about the broker Website address: www.gmgmarkets.co.uk Leverage: up ...
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17 September, 2019

ForexTB Review - What to expect from the broker

The following review introduces a popular CySEC regulated broker ForexTB. Let's have a look at the ForexTB offer, trading conditions and the company's background.[vc_empty_space height="48px"]ForexTB is a CFD Broker that features on the world’s leading trading platform MT4 forex pairs, stocks, indices, commodities and cryptocurrencies. ForexTB is a subsidiary company of Forex TB Ltd, a corporation that is regulated and overseen in Cyprus by the CySEC. The ForexTB company provides multilingual customer support that can be reached out via live chat, phone or e-mail.General Risk Warning: 74-89% of retail investor accounts lose money...
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21 June, 2019

Why to invest in Renewable Energy Stocks

The ongoing global warming and climate change become responsible for a major change in the overall environment of the planet. This led to the government around the world to focus more on renewable energy resources more than ever. For the same reasons, the Indian government making new policies and spending more on renewable energy sources and encouraging people to use solar energy, wind energy, and biomass energy, etc. Not only it is profitable for us to conserve our fossil energy sources but also profitable in making good returns while investing in renewable energy stocks. There are plenty of reasons to invest in renewable energy...
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19 June, 2019

Eurotrader Review - What to expect from the broker

Eurotrader is a Forex and CFD Broker that features on its trading platform CFDs on Shares, Indices, Forex, Commodities and Cryptocurrencies. Eurotrader is a subsidiary company of Eurotrade Investments RGB Ltd, a corporation that is regulated and overseen in Cyprus by the CySEC. The minimum spread is for EUR/USD 1.1 pips*, real trading is possible with the minimum deposit of $250. The Eurotrader website is available in English, Spanish, Portuguese, French and even Persian.What do we cover in our Eurotrader Review?[toc][ecp code="general-warning"]Basic information about the broker Website address: www.Eurotrader.eu Leverage: up t...
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14 June, 2019

Duplitrade Review - What to expect from the automated trading provider

Duplitrade is an automated trading provider, that works with regulated companies such as AvaTrade, IC Markets or Pepperstone. Duplitrade is a subordinate company of DT Direct Investment Hub Ltd, a corporation that is regulated and overseen in Cyprus by the CySEC. Real trading is possible with the minimum deposit of $5 000. The Duplitrade website is available in English, German, Italian, Spanish, Russian, French, Arabic and Chinese.[ecp code="general-warning"]Basic information about the broker Website address: www.Duplitrade.com Leverage: up to 1:30 Instruments: CFDs - Depends on a chosen partner broker Minimum deposit: $5 000...
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11 June, 2019

Credit Financier Invest (CFI) Review

Credit Financier Invest (CFI) is a CFD Broker that features on its trading platform CFDs on forex, stocks, indices, commodities, cryptocurrencies. Credit Financier Invest is a subordinate company of CFI Financial Group Holding, a corporation that is regulated and overseen in Cyprus by the CySEC. The minimum spread is for EUR/USD 1.7 pips*, real trading is possible with the minimum deposit of $100. The Credit Financier Invest website is available in English only.What do we cover in our Credit Financier Invest Review?[toc][ecp code="general-warning"]Basic information about the CFI broker Website address: www.cfifinancial.co.uk Le...
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10 June, 2019

Conotoxia Review - What to expect from the broker

Conotoxia is a Forex and CFD Broker founded in 2016 that features on its trading platform CFDs on forex, commodities, indices. Conotoxia is regulated and overseen in Cyprus by the CySEC. Real trading is possible with a minimum deposit of $100. The Conotoxia website is available in English and in Polish (cinkciarz.pl).[ecp code="general-warning"]Basic information about the broker Website address: www.Conotoxia.com Leverage: up to 1:30 Instruments: CFDs - Forex (50), commodities (7), indices (13) Minimum deposit: $100 (accounts held in EUR, USD, GBP, PLN) Demo account: Yes, free of charge Methods of deposit and withdrawal: Wi...
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09 June, 2019
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