this competition was put on by a few highly regarded organizations-- FXCM for one... it was totally transparent-- all profits/losses displayed from day one---so, it should be legitimate. The competition ran for two months and the winning "bot" showed phenominal success... a $1K account that in two months profited by an additional $3450..
http://www.forex-robot-world-cup.com/
not sure if the bot they are offering for sale is the one that did so well-- so, buyer beware...
I think Pip Cop ought to sell this robot. using the profits to support this website... depending on price, I might buy it...