TRY THE "SNIPER" THEY GIVE YOU 5 DAY DEMO WITH NO MONEY UP FRONT, IT'S PRETTY GOOD, DO A DEMO WITH LOTS OF CASH, THEY WILL CUT YOU OFF AFTER 5 DAYS.Lots of robots and most legit. Is it legitimacy that is your criteria?
How about effectiveness. I would suggest that is what should be focused on. There are a couple threads on this very issue about one in particular. Here is the thread:
I grabbed some of their stats to show some of what you want to watch out for. But the stats are there for all to see. I would say that makes them legit even if the stats don't look too swell (kind way of putting it).
It is this idea that someone is going to do it all for you that pervades forex. An indicator is a simple robot and that is all they use (even if they claim not to use indicators). Have you ever read in like a 'Stocks and Commodities' or somewhere that the holy grail of all indicators had been found? The answer to every move a market could possibly put on you?
My trading system uses indicators and I would love to be able to automate it. But the price action is too complex. And so you have the choice that the EA's make - Either Automated or Effective. The automation costs you every time there is an oscillation on a slightly different 'frequency' than where the robot began the algorithm. And believe me that is at least once in every move. So you either get stopped out or you lose out (on the rest of the move). The cost is huge to let the robot run your money "for you". Usually 40-70%.
If you find one that shows it is actually Effective give me a holler.
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