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

Colmex Pro Review - What to expect from the broker

Colmex Pro is a Forex and CFD Broker founded in 2010 that features on its trading platform CFDs on forex, stocks and commodities. Colmex Pro is regulated and overseen in Cyprus by the CySEC. Real trading is possible with the minimum deposit of $2 000. The Colmex Pro website is available in English only.[ecp code="general-warning"]Basic information about the broker Website address: www.ColmexPro.com Leverage: up to 1:30 Instruments: CFDs - Forex, commodities, stocks Minimum deposit: $2 000 Demo account: Yes, free of charge Methods of deposit and withdrawal: Wire Transfer, Skrill, Credit and debit cardsColmex Pro Trading Plat...
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08 June, 2019
The Good, The Bad, And The Beauty Of Facebook Cryptocurrency

The Good, The Bad, And The Beauty Of Facebook Cryptocurrency

The news about Bitcoin and other cryptocurrencies have been spreading like wildfire. But, wait a minute. How many of you knew that Facebook has its own cryptocurrency? I guess not so many. But it's official; Facebook now has its own digital money. And to be specific, it`s a “Facebook cryptocoin.” The coin is still very new in the global market. But according to Ross Sander, Barclays Internet analyst predicts Facebook Coin to accumulate to $19 billion in incremental revenue by 2021; base-case $3 billion. Here are the three new things investors, as well as the public, should know about Social Media Giant entrance into the crypto ma...
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27 May, 2019

Navigate the future of Blockchain and Cryptocurrency

Yes, we are only halfway to the end of 2019, and the conversations and doubts about cryptocurrency have changed. And now the question is no longer whether cryptocurrency is actual money or a 'fraud,' but rather what does the future of cryptocurrency hold-and what does this mean for the world? With over 1200 different coins listed on Coinmarketcap, now is the best time to join the crypto space, because there are a lot of inexpensive options. But wait a little bit.Knowing the Future Is the First StepBlockchain innovation was introduced after the monetary recession of 2008, cryptocurrency (Bitcoin) came up as a solution to avoid reo...
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21 May, 2019

How do TOP 15 FX/CFD Brokers Market themselves on Social media

[vc_column width="3/4"]Forex and CFD brokers (in the UK, Singapore, Hong Kong and all over the world) usually struggle when it comes to marketing campaigns due to serious restrictions and laws preventing them from forming fully fledged multiple-step strategies. In most cases, they rely on affiliate marketers who create specific content and then showcase the companies to their audience. It has been like this for many years now and still continues on doing so. However, a major breakthrough in financial marketing was made when eToro first decided to launch a campaign on Facebook and various other social media websites where the ads ...
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19 May, 2019

How to trade CFDs on Options

[vc_column width="3/4"]I found out that there are many guides that compare options trading to CFD trading. No article, however, explains how does work trading CFDs on options. Guess what I will cover in today's article? Well, everything there is to know about trading CFD Options. We will start with an explanation of what this investment instrument is and how it works in practice, then I will give you an example of a broker that supports CFDs on Options.How CFDs on Options workOptions CFDs work exactly the same as any other CFD instrument. That means, we physically don't own any options as we are just speculating on the price fluc...
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18 May, 2019

Amana Capital Review - What to expect from the broker

Amana Capital is a CFD broker that is licensed in Europe by the CySEC and is in the register of several European financial institutions. Amana Capital allows investors to trade Forex, futures CFDs, Stock CFDs, Spot metals (gold and silver) and energies (WTI and Brent crude oil). The minimum spread is for EUR/USD 1.4 pips*, there is no minimum or maximum amount for deposits via Debit/Credit card.What do we cover in our Amana Capital Review?[toc][ecp code="general-warning"]Basic information about the broker Website address: www.amanacapital.com.cy Leverage: up to 1:30 Instruments: CFDs - Forex, futures, Stock, Spot metals (gold ...
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17 May, 2019

ARGUS Stockbrokers Review - What to expect from the broker

ARGUS is a fully licensed member of the Cyprus Stock Exchange (CSE) and Athens Stock Exchange (ASE). The company is also licensed by the CySEC. ARGUS Stockbrokers features a wide variety of trading instruments - Futures, Equities, bonds, ETFs, CFDs (Stocks, ETPs, indices, futures, Forex).[ecp code="general-warning"]Basic information about the broker Website address:www.argus.com.cy Leverage: up to 1:30 Instruments: Futures, Equities, bonds, ETFs, CFDs (Stocks, ETPs, indices, futures, Forex)ARGUS Stockbrokers Trading PlatformArgus Stockbrokers Ltd has its own in-house built platform called ARGUS Global Trader Platform. This pla...
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04 May, 2019
Cryptocurrency scams in Australia are on the rise

Cryptocurrency scams in Australia are on the rise

Many traders believe that cryptocurrency scams are a piece of a bygone age. Unfortunately, however, they are more alive than people realise. Many Australian citizens experienced being scammed out of their funds first-hand in 2018. The hit has been so massive in fact that the ACCC (Australian Competition and Consumer Commission) has reported around a 190% rise in scam activity.Tried and proven tacticsMany people, not necessarily traders of any financial market, will notice the tactics that these scammers are using. Simple methods of cold-calling people, or marketing their services on shady websites managed to rake in more than $4...
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30 April, 2019
France on the frontier of EU crypto regulations

France on the frontier of EU crypto regulations

[stm_post_details] The European region is not best known for its development of the cryptocurrency industry or the blockchain industry. While the financial regulator of the US, the SEC is working on defining the blockchain strategy, Asia is famous for crypto-exchanges, Australia is financing Blockchain projects and Africa is one of the leading continents when it comes to the adoption of cryptocurrencies European government seem to be less interested in it. The development of the crypto industry in Europe is going slower than in other parts of the world. However, the situation might be changed as France is starting to pay att...
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16 April, 2019

The Basics of Natural Gas Hedging That You Need to Know

If natural gas is a significant underlying cost or a significant source of income for your business there is one term that you would have to live with and perhaps even sleep with – ‘VOLATILITY’. Natural gas is historically one of the most volatile commodities and the price fluctuations that take place can be very troublesome for both consumers and producers. Managing this risk is not always easy, but can be done through the use of a well laid out hedging strategy. Natural gas hedging is by no means a way a “profit center”, but rather is meant to mitigate the risks involved for your business due to unwanted price fluctuations. In ...
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11 April, 2019
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