It's looks fishy, I can't see anything else about the bot other than log in page on the website. OP said he found an open source bot, which open source bot? Why open source bot can give a profit? Where's the proof?
Also, $50 to start testing is quiet high in general. Lower it so more people might be interested to try the 'bot'.
I will not give a money even a penny. Anything smell fishy turn into scam

definitely sounds bitconnect-ish.