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Who is Thomas Kralow – $9,000,000+ Trader and Investor:

Thomas Kralow was an active day trader for seven years during which time he placed over 20,000 trades and made over $9,000,000.

He is originally from Latvia, but considers himself a “man of the world” having lived in the United States and various countries throughout Europe. Currently, he spends much of his time in Dubai – as you can tell from various vlogs on his YouTube channel.

Who is Thomas Kralow - Is He a Scam or Legit

In addition to trading, he also likes cars and collecting watches. From the outside looking in, he seems like a classic fake trading guru. But when you dig deeper into the actual content of his trading program, what he offers is different from the rest of the industry.

Thomas Kralow readily admits that he was not self-taught when it comes to trading. In fact, he was extremely close to pursuing a career path as a lawyer before he met a successful trader through a family friend willing to take the time and effort to train him.

In that instant, he made the decision to move to Switzerland to start training with his mentor – Alf Hoffman. Even with professional guidance, he still experienced many struggles in the beginning, but eventually became a consistently profitable trader.

Below I’ll share more details about Thomas Kralow, his University Grade Trading Education program, and whether it’s a scam or legit.

The Ugly Truth About Thomas Kralow – Is His Trading Program Worth it?

There are some individuals who are quick to call Thomas Kralow’s trading program a scam. But I’m not one of them.

After going through his Complete Program myself, the only “ugly truth” that I found was that it provides the real approach to trading success – which takes quite a long time to accomplish. This explains why the program is designed to take roughly five months to finish.

What is in Thomas Kralow's Complete Trading Program

There aren’t many other trading programs out there – that I know about – specifically designed to take months to complete. With over 200 video lessons, tests, and homework assignments combined, it’s an extremely comprehensive learning program.

Most trading services available out there simply aren’t structured this way. They offer nowhere close to a full curriculum. Just chat rooms, alerts, and promises of fast and easy riches instead. But all these services really do is create weak, incompetent traders.

There are certainly some individuals who join chat rooms and alert services, and actually take time to dig into some lessons, build legitimate skills, and work hard toward becoming self-sufficient. But for the most part, this isn’t what most subscribers do.

In my opinion, Thomas Kralow’s trading program offers new traders a much better shot at achieving their dreams of consistent trading success. But it only works if you’re willing to put the time and effort into learning, training, and building legitimate skills.

Thomas Kralow Scam Alert – My Honest Take on His Trading Program:

I’ve already written a full article detailing the top reasons why some people call Thomas Kralow’s trading program a scam. But I definitely think many of those points are worth revisiting. My personal opinion drastically differs from the opinions of the naysayers.

Sometimes, all the haters need to hear is that someone is selling a course in order to deem them a fraud. I certainly don’t deny that there are many deceptive people selling lousy courses. But merely selling a course shouldn’t automatically be met with a “scam” label.

Is Thomas Kralow a Scam or Legit? My Perspective as a Student

I understand that most trading courses, programs, and services out there aren’t very good, but it would be unfair to paint every single trading educator as shady and deceitful. The fact is that there are some genuine and transparent ones available to learn from.

Instead of automatically dismissing every trading course, program, service, and guru as a scam, I think people would be better off realizing that the real path to consistent trading success takes hard work and persistence. There is no get-rich-quick path.

If everyone truly understood that, then the lousy and ineffective services would cease to exist. Nobody would fall for them – and the legitimate trading educators would win out. But until then, the bad actors will far outweigh the truly helpful educators.

It’s my personal opinion that Thomas Kralow’s trading program is no scam at all. But merely purchasing it doesn’t guarantee success.

My Best Advice For Current and Potential Thomas Kralow Students:

For current Thomas Kralow students who haven’t gotten too far along yet, and especially potential Thomas Kralow students who are still skeptical, my best advice is to commit to learning, building skills, and following the process as instructed.

If you’re not willing to put the time and effort into developing skills, then it doesn’t matter how much you pay for any trading course, program, or service. You simply won’t see the results you desire by deflecting responsibility onto anybody but yourself.

Thomas Kralow Biography - Who is Thomas Kralow

Think of it this way – Thomas Kralow’s trading program is like a gym membership. Simply paying the membership fee doesn’t produce any results. You have to actually show up and exercise in order to get what you truly want out of it. But it’s not easy.

So just like you would join a gym in order to burn fat and build muscles, Thomas Kralow’s trading program allows you to burn bad habits and build legitimate trading skills. The program itself can’t make any guarantees because it depends on your own level of effort.

The reality is that most people are looking for a quick and easy path to riches. But the honest truth is that good trading doesn’t offer that. The markets are a platform where you can gamble if you want, but gambling won’t produce durable, long-term success.

In the end, you have to decide if trading is an endeavor that you want to pursue on a serious level. Because without a high level of commitment, you’ll never achieve the success you desire. I don’t know any consistently profitable traders who pursue it as a hobby.

Conclusion – Is Thomas Kralow’s Trading Program a Scam or Legit?

I’ve already made my position on Thomas Kralow’s trading program pretty clear, but I’ll state it again just to wrap things up – I don’t think it’s anywhere close to a scam. In fact, it’s the least deceptive trading program that I’ve come across in a long time.

But again, that doesn’t mean it will automatically produce trading success for every single student that signs up. Nothing with that sort of guarantee exists – unless you’re being lied to. Thomas Kralow leaves false promises like that to the rest of the industry.

|Learn More About Thomas Kralow – Top 10 Frequently Asked Questions|

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The truth is that it takes months of hard work to even get to a point where you should be trading with real money. Which definitely isn’t what most beginners want to hear. But what I respect most about Thomas Kralow is that he doesn’t beat around the bush.

As much as I would love for more people to build legitimate skills and become professional-level traders, I know it’s not for everybody. It’s my greatest intention that if you do choose Thomas Kralow’s trading program that you go in with proper expectations.

There is no get-rick-quick route. Trading is a marathon, not a sprint. And it requires serious time, effort, and dedication.

Check Out My Free Trading Success Framework Course

Written by Matt Thomas (@MattThomasTP)

Related Pages:

Matt Thomas

Founder of, Creator of the Trading Success Framework Course & Trading Paradigm Skool Community, and Intraday Futures Trader Using Auction Market Theory & Profiling (Volume & Market Profile).


  • Anusuya says:

    Thanks for your excellent review of a legitimate course when there are so many scams around to grab your wallet, as well as people diving into things with false expectations. I appreciate you, taking the time, to go through the program and outlining it in detail – and your opinions on becoming a good trader seem different than what many others think. I love trading but have no formal education in finance or markets. I don’t have my brain fully wired with intuition to allow me to judge: if a trade is right or wrong. I do my own research based on my strengths. The result can be a win or a loss. 

    I think trading and investing successfully with the right and adequate knowledge and training takes time. It is worth it to have that skill set to live in this changing world. I think  this way – if you really gain everyday as a day trader, your financial life will be much less stressful. I love to add little bit to my portfolio every now and then. However I definitely need more skills. I would really love to get trained from a successful mentor and guide to add to my knowledge and build new skills. Thanks again for sorting out a great course.

    • Matt Thomas says:

      Hi Anusuya – I appreciate your feedback!

      I don’t think most people understand the hard work and training that goes into becoming a consistently profitable trader. They assume it’s about guru alerts, simple setups, or basic technical analysis. But if it were that easy, over 90% of traders wouldn’t fail.

      The reality is that markets demand much more than that (assuming you actually want to achieve long-term, sustainable success). You have to show up every day prepared, focused, and ready to adapt – and that’s really what separates the successful and unsuccessful traders.

      High-level trading skills can be life-changing, but they don’t just appear out of thin air – anyone who wants them has to put the time and effort into acquiring them (witch usually takes months, if not years). And there’s always room for improvement. One of the aspects of trading I love most is the endless levels of evolution and development that it provides.

      The result of any individual trade can never be guaranteed, so losses are inevitability part of the process. But it’s all about putting the probabilities in your favor and having the proper mental framework to consistently trade with edge.

      Keep me posted on your journey – take care!

  • Michael says:

    Before this post, I had never heard of Thomas Kralow. It appears that he has found a way to make a lot of of money in the markets. The course seems interesting and appears to teach the skills needed to be a successful trader through his training.

    • Matt Thomas says:

      Hi Michael – I do think Thomas Kralow’s trading program is quite comprehensive (it takes the average student four to five months to complete). But just like any other pursuit that requires education and training, you get out of it what you put into it. Passively going through the course (just watching the video lessons, for example) probably won’t do much. You also have to do the homework assignments, take the quizzes/tests, and perform interactive tasks within a demo account (pinpointing key levels, following specific strategies, tracking trades, journaling, etc.). Many people think they can just read a book or watch a video and automatically be great at something, but actual training and immersion is required for deep learning and skill-building.

  • Abel says:

    I have been trying to make up my mind about joining Thomas Kralow’s program. I even heard it being called a scam in a forum. But after reading many of your posts, I don’t have much doubt that it’s legit and a good way to get started with trading. I am glad I have found a good educational and training platform to jump into trading.

    • Matt Thomas says:

      Hi Abel – I completely understand how difficult it can be to make a decision when it comes to purchasing trading-related courses, programs, and services. Because the sad reality is that many of them are short, lousy, and sometimes even downright scams.

      But I’ve personally been through Thomas Kralow’s Complete Program myself (I’ve even been through the material twice at this point) and it’s just different than any other trading program I’ve been through. One of the biggest differences is that the program is designed to take around five months to finish (before even considering trading with real money) – which is a full 360 degree contrast from what most online trading services tend to offer. The typical online trading course is short, lousy, lacks substance, and makes you think trading can be “mastered” within a few hours or days. But this sort of thing just isn’t realistic at all – it certainly sounds nice to beginners who want to get rich fast, but it only sets them up for failure. So I give Thomas Kralow a ton of credit for setting proper expectations with his students and developing a comprehensive program with homework assignments, quizzes/tests, and interactive assignments for legitimate skill-building.

      With that being said, there are certainly some aspects of Thomas Kralow’s approach that I don’t necessarily like. But it doesn’t have much to do with his University Grade Trading Education program itself – it’s more related to his social media accounts and marketing/advertising. For example, I’m not a huge fan of his YouTube video intro that displays fancy cars, boats, and helicopters because this sort of “lifestyle” content is what many fake gurus use to exploit people. Since I know his program is solid, it doesn’t bother me as much. But I wish other so-called gurus wouldn’t have such an obsessive focus on flaunting money, cars, and other lifestyle elements (while ignoring what’s actually needed to become a successful trader). To a degree, this lifestyle stuff can potentially be inspiring – I understand that, but most gurus don’t offer the education and training to back up their over-the-top marketing. So in most cases, it just ends up in disappoint – with individuals jumping from one get-rich-quick strategy to the next. Overall, Thomas Kralow’s marketing is far more tame in this regard than many others I’ve seen – and at least his program is legitimately helpful and comprehensive – but I personally don’t support an excessive focus on lifestyle over process.

      That was a long response to your comment, but there’s so much to say when it comes to the current landscape of online trading courses, programs, and services. I understand how difficult it is to find legitimate ones – and I’m personally skeptical of every single one of them before testing them out for myself – but solid ones do exist. And Thomas Kralow’s program, in my opinion, is one of the best out there right now. But I want everyone who considers joining his program to realize that it takes hard work and dedication to see results with it. It’s not some magical potion that you purchase and automatically start generating profits. You have to do the work, train, and build legitimate technical, analytical, and mental trading skills. Take care!

  • Caleb Utrera says:

    Everybody knows that building wealth takes time and there is no quick way to get cash. Thomas Kralow’s program is legit and I know I would take it for a spin if I were to escalate my income. I thank you for making a review on the program and how it is worth, also knowing the consistency to work on it is no joke. Time is a valuable thing and it cannot be wasted for working for somebody else. This review helped me and probably a lot of other people as well, trading and investing is a huge earning in money as it takes time but the progress you make will be worth it at the end of the day.

  • Vakaris says:

    I don’t know who Thomas Kralow is, but after reading about him I cant believe he made so much money from investing. I wish everyone would follow his steps to achieve greatness in life… I would love to share my favourite bible verse with you “Be strong and courageous. Do not be afraid or terrified because of them, for the LORD your God goes with you; he will never leave you nor forsake you.” — Deuteronomy 31:6. Have a good day!

  • Bernard Breytenbach says:

    No matter where you go there is always someone that will always say something is wrong when their isn’t. Like some of the users that tried this program, they most likely gave up and of course to retaliate by stating the program is a scam. Some people do this, because they made no money and many people feel when they pay for something they should get something immediately regardless of personal effort. 

    Is Thomas Kralow program good for beginners? My trading knowledge is limited, but want to learn slowly and start placing money in trading. Plus is his courses at low affordable prices?

    • Matt Thomas says:

      Hi Bernard – thanks for sharing your comments and questions!

      There’s no doubt that many people get into trading with unrealistic expectations and use the “scam” term far too loosely. Just because something costs money doesn’t automatically make it a scam. Specifically in reference to Thomas Kralow’s trading program – which I think is the best training program for beginners that I’ve come across thus far – shouldn’t be called a scam just because the Complete Program starts at around $1,200. To me, this would be like somebody calling a gym with great equipment and personal trainers a scam just because they charge a membership fee. But paying the membership fee alone isn’t going to produce any results. The equipment and trainers are meaningless unless you actually show up and put the work in. It’s the same thing with Thomas Kralow’s trading program – the resources are available for success, but nobody else can put the work in but you. It all comes down to taking personal responsibility and building legitimate skills.

      This differs substantially from other programs and services that promise hot picks, foolproof systems, and explosive profits with virtually no effort required on your part. To me, this is where things start shifting into the scam category. But Thomas Kralow’s program doesn’t offer any chat rooms or alerts at all. It’s all about proper expectation-setting, education, training, and building self-sufficiency. Will your success require hard work and persistence? Yes. But self-sufficiency is the only real path to consistent profitability. Being an uneducated, copy-cat trader will only lead to disaster sooner or later.

      Overall, I think Thomas Kralow’s program is great for beginners and I personally wish it was the first trading course I ever came across – so that I could’ve avoided dozens of lousy services that only made my trading journey harder, longer, and more expensive. His Basic Course starts at just a couple hundred dollars but his Complete Program offers plans ranging from about $1,000 – $20,000 depending on the specific level of personal assistance and mentorship you desire (There are Standard, Assisted, and Assisted Plus plans). You can check the latest pricing and discounts here.

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