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A new  European startup based in Cyprus has launched a new algorithm using AI.

Here are the details from the official press release provided by the company:

A new start-up from Europe is disrupting how Trading is done and is picking up a lot of attention from retail traders and large institutional clients. AFXANTS developed the first ARTIFICIAL INTELLIGENCE Analysis System which stands on its own or can be used to optimize any strategy. AFXANTS provides detailed analysis of over 150 instruments which updates every 5 minutes.

Panagiotis Nikolaou, CEO of AFXANTS said: “We finally found the way in which Traders and Investors can rotate attention and capital to profitable opportunities.”

The Algorithm is innovative and it provides extremely accurate updates on technical levels on a variety of financial instruments, which includes Forex, Stocks, Metals and Commodities.

The Finance Industry became widely available to the retail independent trader with the introduction of the internet, but at the same time the constant online feed of information and opinions create an increasingly chaotic and dangerous environment for traders.

The Founders of AFXANTS as active participants of the trading world decided that the analysis process needs to be optimized and set to create the powerful algorithm.

The AFXANTS algorithm takes the analysis a step further and it filters all potential opportunities in the market for that moment. The result of the filtration is a list of the most probable profitable opportunities in the market at any given point, with the results updating every 5 minutes.

AFXANTS prides itself for the personal touch the team keeps with their customers, and offers LIVE demonstration events, as well as one-on-one training.

The first official launching event is scheduled for July 22nd in their Head Quarters in Nicosia, Cyprus.

The company will introduce the algorithm to institutional clients as well as retail clients.

“AFXANTS enhances any existing strategy. We are looking to optimize and improve the industry by cutting down unnecessary training costs and improve volume for institutional clients. Independent traders and investors can greatly benefit since the algorithm removes psychological pressure from decision making” said Panagiotis Nikolaou, CEO of AFXANTS.