Michael Kuchar

Michael Kuchar
Michael Kuchar
Hi, I'm Michael and my area of expertise is forex and cryptocurrency trading. I specialize in intraday trading of G20 currencies and to anticipate potential market moves I utilize a fusion of both fundamental and technical analysis. My most current interest lays in cryptocurrencies, especially in Ethereum and in decentralized applications.

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

Compound interest is the eighth wonder of the world. He who understands it, earns it; he who doesn't, pays it.

Albert Einstein - Mathematician and physicist, winner of nobel prize in physics

Latest articles from this author

Brokers With No Inactivity Fees

Brokers With No Inactivity Fees

An inactivity fee is a charge imposed on clients when there is no activity on their account. This charge takes effect when clients do not make any buy or sell orders in their accounts for a given period. Most brokers are transparent about this fee ensuring clients understand what they are signing up for upfront. Traders should do a lot of research on the broker they choose to ensure they don’t get surprised when charged an inactivity fee.This review will look at brokers with no inactivity fees. As usual, we are also going to look at the brokers’ variety of trading instruments, regulatory statuses, spreads offered, and the trading...
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22 June, 2023
Forex Brokers With REST API

Forex Brokers With REST API

An API is a collection of specifications and protocols for creating and integrating application software. It's also known as a contract between an information provider and an information user that establishes the content necessary from the consumer (the call) and the content required by the producer (the answer). REST is an acronym that stands for representational state transfer. A REST API (also known as RESTful API) is a type of application programming interface (API or web API) that adheres to the REST architectural style and allows interaction with RESTful web services.Today, we will look at some of the forex brokers with RES...
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22 June, 2023
FTSE 100 Spread Betting

FTSE 100 Spread Betting

FTSE stands for the Financial Times Stock Exchange. This stock exchange now goes by the name FTSE Russell Group and is owned by the London Stock Exchange alongside other bourses and companies. Notably, the FTSE provides a plethora of indices including the FTSE 100 index. Today, this index is one of the most popular among traders.In this article, we are going to discuss FTSE 100 spread betting and look at some of the brokers that allow traders to do that. But before we do that, let’s have a little more information on the FTSE 100 and spread betting.What is The FTSE 100?The FTSE 100 is an index that keeps track of the 100 biggest c...
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12 June, 2023
Best Forex Brokers For Backtesting

Best Forex Brokers For Backtesting

Backtesting is a very crucial practice in forex trading. Basically, it is the process of testing how well a trading strategy would perform under historical data before using it in the live market. While this sounds simple, selecting the best time period to test a strategy against is key and can be tricky. Traders need to select a time period that best represents market scenarios with diverse events and price movements. Additionally, it is crucial to select a broker that best fits backtesting purposes.In this review, we will look at some of the best forex brokers for backtesting. But before that, let’s get a little more familiar w...
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06 June, 2023
Best Swiss Forex Brokers

Best Swiss Forex Brokers

Forex trading comes with a lot of risks and a large percentage of traders lose money. Trading with a top-notch broker could be the difference between earning profits or taking losses. The best brokers always put their clients in a position to succeed in trading. They do this by providing a fair trading environment with fairly low fees and ultra-fast execution.Today, we are going to look at some of the best Swiss forex brokers. But before that, we would like to cover our bases on two important things.Is It Legal To Trade Forex in Switzerland?Yes, forex trading is completely legal in Switzerland and is regulated by a reputable body...
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24 May, 2023
A Book Forex Brokers - List

A Book Forex Brokers - List

In Forex, A Book forex brokers pass investors’ orders straight through to liquidity providers. Their only job in the market is to match buy orders with sell orders. Such brokers do not need to provide the liquidity themselves, they merely act as middlemen between traders and liquidity providers. There are different models A Book brokers use in the market. They can be STP, ECN, or DMA.Today, we are going to look at some of the best A Book brokers that exist. We are going to see the different trading conditions they have to offer and how they are regulated. But before that, let’s look at some of the advantages and disadvantages of ...
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12 May, 2023
Best Forex Brokers According to Reddit Users

Best Forex Brokers According to Reddit Users

Reddit is one of the best sites for discussing common interests and interactions with anonymous strangers from all over the world. Reddit offers a huge platform with 52 million active daily users all expressing their thoughts on one subject or the other. As such, it is a great resource to curate people’s opinions from various parts of the world.In this research piece, we are going to use Reddit as a resource to find out what people’s opinions are on the best brokers in the market. Essentially, we are going to provide our belief of what are the best forex brokers according to Reddit. We are going to specifically focus on the popul...
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08 May, 2023
Best Execution Only Brokers in the UK

Best Execution Only Brokers in the UK

Execution-only brokers only deal with the execution and reporting of orders placed by clients. Such brokers do not offer any financial advice to their clients or financial planning. Therefore, these types of brokers enable clients to have full financial control as they only deal with the final product of what the client decides. These sorts of brokers are fast and act within seconds delivering fast executions to clients.In this review, we will look at some of the brokers that offer such services to clients. Let's take a look at some of the best execution-only brokers in the UK today.PepperstonePepperstone is widely considered amo...
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04 May, 2023
Best ECN Brokers with Low Minimum Deposit

Best ECN Brokers with Low Minimum Deposit

Forex brokers with no or low minimum deposits are ideal for beginning traders. They are also ideal for clients who do not have a large capital to invest. Brokers can attract such clients and potentially retain them as long-term customers by offering a low minimum deposit. They encourage investors to trade in smaller increments, which can benefit both the investor and the broker.Smaller trades may be less risky for the investor and may result in more frequent trading activity, which may result in more commissions for the broker. They lower entry barriers and improve access to financial markets.In this review, we are going to look ...
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30 April, 2023
List of ECN Brokers With MT4

List of ECN Brokers With MT4

An ECN broker is a type of financial intermediary that provides clients with direct access to other participants in the equity and currency markets via electronic communications networks (ECNs). An ECN is a computerized system that automatically matches buy and sell orders for securities in the market. When investors from different geographic areas want to complete a secure transaction without the use of a third party, ECN trading is useful. Moreover, ECN trading can offer traders cheaper fees as there is no third party taking their cut.On another note, MetaTrader 4 combines functionality, intuitiveness, and customization to deli...
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29 April, 2023
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