Real nature of FXEthos is not an independent brokerage but an affiliate for LMAX

Fxethos is a disguised independent forex brokerage. it is just an affiliate for LMAX.

FXEthos itself can not be the partner of the LMAX cause it is the fake entity.

Karthik Subramanian acts as an individual affiliate under the name of FXEthos whose license,office address and trust are all fake.



His LMAX thread at Forex Factory

Karthik Subramanian promoted LMAX at Forex Factory. his intension is to receive rebates and intro fee from them.

i have started this thread so that i can clear up my name and continue to give the opportunity to those who want lmax accounts....1k minimum deposit....fees is $2.5 per 100k lot per side....those who want can post here as i cant receive PMs, being a commercial member....lemme know...

Reply from LMAX

Thank you for your email.

Please let me reiterate that FX ethos is not a partner of ours. However, Karthik Subramanian is one of our IBs.

Thank you for your email.

Unfortunately, we would not be able to comment as we have no relationship with the company FX Ethos. We are an FSA regulated company and Karthnik as an individual acts as an Introducing Broker for LMAX. 

If you have any further questions, please do not hesitate to email us back or call us on 0333 700 1000 (+44 203 192 2555). Our Helpdesk team are available for 24-hour support, from Sunday evening at 22.00 through to Friday evening at 22.00.

Kind regards,

Jenna

The LMAX team