Thomas Kralow Review

2.872 • 4 REVIEWS
Updated: Feb 22, 2024


Established: Unknown
2.872 • 4 REVIEWS

Recent User Reviews of Thomas Kralow

Dubai, United Arab Emirates,
Feb 26, 2022,
Registered user

Incredible course

Service use: Live Length of use: 6-12 Months
course contain over 200 lessons. Everything you need to know and all the time new material is added free of any extra charges. great part on cryptocurrency trading as well. I am third month in profit in a row after 9 month of studies and practice. Thanks thomas kralow you are the best trading coach out there
Latvia, Latvia,
Jul 27, 2021,
Registered user

My experiance

Service use: Live Length of use: 6-12 Months
I stumbled upon this program some time ago, closer to the time of pre-launch, and figured to give it a shot, since it had all the key components that I like to trade, and the amount I paid for it was not something that I couldn't afford to lose.

About the program itself, it helped me to find all of the missing pieces for me to understand how to properly trade. I`ve gone through the binary options saga, the big ban in the EU, all of the signal services in telegram, all of these wonder indie systems etc.

I would say that the program is laid out nicely, and how it differs from many others would-be by a key element called trading psychology, which if you have ever traded in life know can be a $%&#.

Thomas does teach about indicator trading in his program indeed, but the level part was something that I was more interested in. There I found the pieces that were missing from my approach. e.g validating your entries, levels and understanding what not to trade and narrowing down the types of trades that I would like to take, it's important to mention, that it all made sense to me so I went with it.

Altho I'm a FX guy mostly trading majors, xau, and rarely some exotics, id have to admit, that the futures markets are a lot nicer as mentioned by Thomas, even tho more expensive to trade.

In conclusion, I would say that this program is great for a beginner including all of the lessons that most learn the hard way by burning one account after another. Even for me with some market experience I have learned a lot of new stuff.

P.S there are minor technical things that should be fixed, but as I understand that is a work in progress, and didn't really affect my learning.
Zürich, Switzerland,
Jul 26, 2021,
Registered user

Red Flags everywhere

Service use: Live Length of use: 0-3 Months
First of all, I have zero beef with people selling their "strategies" or trading courses online and earning money with it. It's the free market place and with good marketing, it's easy to sell c*** nicely wrapped these days. That being said, selling something under false pretenses is another story. I will come back to that.

So his course costs 1000$ for the basic package - meaning without any assistance, basically self-learning. Now for this kind of money, you should expect something huge I would say because it is extremely pricy. Unfortunately, it's very basic stuff he is teaching. Basically, he is trading support and resistance "key levels" with 2 indicators: MACD (He looks for divergences in those) and STOCHASTIC. So nothing spectacular, you can learn that in a lot of places for free. His risk management is as well nothing interesting, you can find similar risk management strategies online for free as well. Now for people claiming that his strategy is amazing and great are either beginners or delusional.

So even tho I did his course and paid for it, it's my own fault - I didn't know better. I was and still am a beginner and didn't have anybody to guide me, so naturally, I looked online and trusted this guy because he seemed sincere. I was a bit blinded by his claims of success. Calming he made 8-9 mil with trading.

Anyway here are the red flags that I should have seen then but didn't:

- Trader is not actively trading anymore with a claimed profit of 8 million (or whatever)

As the saying goes: "Those you can't do - teach". For me despite what he claims, this should have been a red flag.

- Trader is using a different name.

Now that's nothing new, a lot of "teachers" and gurus use fake names to hide behind them to sell whatever they are selling. I really wouldn't care to be honest if there wouldn't be the IB statement problem. He Americanised his name from Tomass Krilovs to Thomas Kralow. It really wouldn't matter if his IB (Interactive Brokers) statements would clearly show that name, but they don't. On the statements, it shows his fake name. You need to prove your identity on IB and can't use a fake name. Big ass red flag. I will attach the screenshot and you can find it on his website as well.

- The course is a 1'000$ (2'500$ if you want an assistant..)

Even without the other claims so far, why would you ever pay 1000$ if you don't know what's behind the doors? Because his marketing is very good and you are a beginner impressed by what he is saying and eager to start earning. You can get a book for 50$ that would explain to you 10x more than his course does for 5% of the money you would give him. But you don't do it because that would really involve some hard work. It's basic human psychology and simple marketing that he is using here to sell you something that you don't need. I really would recommend people to read Morgan Housel's book: "The Psychology of Money", before they even start thinking about the financial markets.

- He is showing off

Now I learned something important in these last few months/years. Because I met some real-life traders and entrepreneurs all over the world.
Here is what I've learned: If somebody is showing off his wealth to impress you to buy something from him or her - be very very suspicious. People who really have a lot of money, especially in the financial markets are usually quiet about their wealth - excluding public figures of course. So if you see a trading course making these kinds of claims, stay away.

- No live trading videos

A trader trading the amount of time he claims he did, would have tons of material from his live trading sessions. There are almost none (2 on youtube). Why? Because they probably don't exist.

- Deleting Trustpilot reviews

I understand there are some people who are just spamming there but some of the negative reviews over the last year just magically disappeared. And he gets very touchy about them, doesn't take criticism very well.

So in conclusion - If something seems too good to be true, it probably is. Keep that in mind. In this case, there are too many red flags to pay even a 100$. For beginners reading this, start with the basics. Ask experienced traders like in these forums what to read, where to start. If anybody is asking for money from you without providing what EXACTLY they will teach you, stay away.
Zurrieq, Malta,
Jul 24, 2021,
Registered user

Don't waste your money

Service use: Demo Length of use: 3-6 Months
Thomas calls his course "University grade". A course that contains basic information and a basic strategy. If you read all the information on Babypips you will learn much and much more than is superly overcharged course. And by the way with such a simple strategy you are guaranteed to not make any profit in the long term.
Thomas claims to have made millions from his trading skill but fails to demonstrate any of this. What he shows is an image that can be easily made by any decent image editing software user.
Stay away from this elaborate SCAM.