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Bit4X.com, the first bitcoin-based ECN broker, has announced the launch of their new client backend system and a very generous referral program.

Bit4x.com’s new client backend system allows clients to fully manage their demo and live accounts. Traders can check their open orders and balances, manage deposits, withdrawals, set trading account leverage and more – all from one central location. First launched in 2012, Bit4X’s innovative platform allows users to trade a diverse selection of high liquidity spot FX and CFD markets with Bitcoin.

Liquid mainstream global markets including Forex, Commodities, Indices, Stocks and more are all available to Bitcoin users. Bit4X’ offers a variety of financial instruments, including spot FX and CFDs. Those instruments can be traded in order to speculate on the future movement of market prices. If a trader thinks the price of a commodity such as gold is going to fall they can open a ‘short’ position, enabling them to take profit in Bitcoin if their prediction is correct.

Likewise, users can also open a ‘long’ position with Bitcoin if they think a commodity or stock is going to increase in value, and again earn Bitcoin profit if they are right. CFDs can also be used as a powerful hedging tool to help offset any potential future losses. A trader simply opens a ‘short’ position on any investments they may hold.

The new referral program, which is open to anyone, pays 100% commissions for all referrals at least until November 1st. After that, commissions will still be anywhere up to a very generous 50%. The 100% commissions period may also be extended at a future date.

“We wanted to offer the highest paying affiliate program in the bitcoin-based trading market”, said Matic Kocevar, a representative of Bit4X. “Word of mouth and referrals have been our primary source of new customers since 2012, so we want to give back to the people who participate in that.”

Clients can access their referral URL by clicking on ‘referrals’ from the Bit4X Account Manager, where they can also track commissions, payouts, and real time data on all referrals from the same page. Bit4X also plans to roll out integrated signals and a new API in the coming weeks, further improving upon the tools provided to their clients to boost their trading strategies.

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Founder of Blockchain News and The Hackitarians Foundation, Richard Kastelein is an award winning publisher and editor, hackathon organiser and entrepreneur. He has written over 700 articles at Blockchain News, has a massive network in the Blockchain arena and is available as a speaker and consultant. (richard@the-blockchain.com) Kastelein has spoken (keynotes & panels) on technology at events in Amsterdam, Barcelona, Belfast, Berlin, Brussels, Brighton, Copenhagen, Cannes, Cologne, Curacao, Frankfurt, Gdansk, Hollywood, Hilversum, Geneva, Groningen, London, Las Vegas, Leipzig, Madrid, Melbourne, NYC, Oxford, Rio de Janeiro, Sheffield, San Francisco, San Jose, Sydney, Tallinn, Vienna, and Zurich. A Creative Technologist & Canadian (Dutch/Irish/English/Métis) his career began in the Native Press (Canadian Arctic) and he later spent a decade in the Caribbean media. Currently, he writes occasionally for Wired Insights, Guardian & Virgin and his articles have been translated into Dutch, Greek, Polish, German & French.