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.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.