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The Lazy Trader is an online Forex trading course that wants to help their clients turn their trading experience into something that’s carefree, successful and more relaxing that the majority of hobbies. They feel that over the years of offering this trading course that they’ve been able to “discover the groundbreaking formula for successful online trading.” Today we will provide you with a full review, and let you know if this course can truly make your Forex trading experience much more enjoyable.
The creator of the trading course is Robert Colville, a professional trader and educator. He first launched his service in 2010, and “has trained over 2000 people” since. Colville provides live trading events, presentations, and has put together a trading team with over 50 years of financial market experience. They are located at 3 Southernhay W, Exeter EX1 1JG, UK.
In order to get in touch with support, trades can phone +44 (0) 203 086 8072, or email info@thelazytrader.com.
Contents
The Lazy Trader Review
Unlike many of our other recent reviews, the The Lazy Trader comes across as a highly professional service. Robert Colville doesn’t promise any silver bullets, or holy grails but believes that he’s the right person to guide you in your trading journey. Robert it’s team feel that you can learn their Forex trading course with as little as 10 minutes a day, and still have the ability to increase your knowledge base, and become a better trader.
The course will help traders control risk, and separate themselves from the “90% of traders to empty their accounts in 90 days.“
Trading Team
The trading team is made up of four traders. Robert Coville, managing director, Julian McCree veteran trader, Kaye Lee, private fund trader, and Christian Ravalli, senior mentor. It is a positive to see the vendor is providing introductions to the team, because way too many Forex trading courses ignore this aspect, what is arguably the most important.
Strategy
Despite providing an impressive sales page, it doesn’t seem to be much detail about The Lazy Trader course strategies. In fact, they really don’t provide any information about the specific modules inside the course.
It’s clear that the vendors have a fair bit of knowledge in the Forex marketplace, but they don’t share their overall methodologies, or approach within the trading course. They should amend the sales page, and provide a little more detail on their approach, so we know exactly what we can expect within the course.
Course Analysis
- Type: Forex trading course
- Creator: Robert Colville
- Founded: 2010
- Price: $252 + $160/month
- Experience: 50+ years
The Lazy Trader service currently costs a one time fee of $252 and then a monthly fee of $160, after the first 30 days. This is certainly exorbitantly priced, and much higher than many of their competitors, as you can see in our recent reviews of the Traders Academy Club and Desire to Trade. That being said, the high priest could be worth it, if the educators can truly turn you into a professional Forex trader.
The ultimate package, which is their most popular, also comes with many other features and services, that the other Forex trading courses don’t provide, which is likely why they are priced higher. This package comes with video vault access, step-by-step tutorials, 20 hours of videos, precision Forex trading signals, access to seminars, access to webinars, interactive quizzes, a full money back guarantee and much more.
Client Feedback
The client feedback is very positive, as the vendor boasts a 4.63 rating out of 5, with 83 reviews on FPA. This is a very difficult rating to achieve, and definitely a positive aspect of their services.
Trading Results
As this is a trading course, The Lazy Trader does not provide any trading results. This is normal for this type of service, but it certainly wouldn’t hurt if they provided Myfxbook verified trading accounts for some of their team members to prove their expertise. This would really only take 5-10 minutes for them to accomplish, and it would go a long way in proving their success rate.
Conclusion
Promote we can see, The Lazy Trader is a professional Forex trading course that is making a difference in the lives of many traders. Obviously, we prefer automated solutions, but you are interested in manual trading, and learning a few different ways of approaching the Forex markets, then this might be service for you.
If you have anything you would like to add to the review, please leave your questions and remarks now.
The Lazy Trader $252 + $160/month
- Price
- Strategy
- Results
- Client Feedback
- Customer Support
Summary
The Lazy Trader is a Forex trading course with over 20 hours of trading video material.
Overall
3.1Pros
Great client feedback
Lots of experience
20 hours of videos
Cons
No trading results (normal though)
Little insight into the course
High price tag
Just seen this
This is a good review although I can confirm they no longer sell courses. I spoke to one of the former trainers casually over Skype and he said that they are moving into a different direction. I got the impression they found it hard to compete with their marketing, which I found to be very honest and refreshing. A shame really as those vendors selling the dream seem to stay in the industry!! Grrrrrrr…..
As for my subscription, I felt it was expensive at the time although since using other vendors since (not mentioning any names), I do feel it was worth it. They were even gracious enough to refund me for a month when I suffered a loss in the family which says a lot. I think they genuinely care and wanted the best for their students….
You should do a review on a dude called FxLifestyle (fxlifestyle dot com) – he’s the precise type of person I wanna see your reviews take down 🙂
Changing times
Was with The Lazy Trader for about a year (back in 2017) and they’re definitely one of “the good guys” in this industry. When I asked to see their results, they showed me (Much of their gain made from one long-term GBPCHF trade in taken around 2015) via email and their trades definitely tallied up with the trade ideas presented in the members area. One thing they really struggled with was keeping their “online forum” busy with activity. Often it was very quiet. But overall the value was good considering what other vendors still charge today.
I actually reached out to them a few months ago and they’re no longer pushing mentoring or courses. Apparently they’re going to change the brand into a more general financial one…moving a way from trading. Not sure why….
Keep up the good work Patrick – love what you’re all about!! Have been following you for several months.
Thanks for the update Mike, I really appreciate the contribution!