You may have heard about currency exchange trading competitions, but have you heard about currency exchange robot competitions? Unlike standard trading competition where traders contend with there strategies and the winner is decided by the total profit made, in forex robot competitions, automated software compete under the same rules. As a consequence the winner is the best Forex robot that trades automatically. In one such competition called currency exchange Robot World Cup recently top robots where chosen. The result’s FRWC Royal Trader which consists of the top currency exchange expert counsellors. However, there are downsides to such competitions too. Any kind of software is known to trade well only for a time period, and it could have traded perfectly during the competition. But as market conditions change, these robots may not perform just as well in the future.