FOREX MARKET STRUCTURE
As a comparison, let us first examine a market that you actually
very familiar with: the stock market. This is how the structure of the stock
market looks like:
“I have no choice but to go through a
centralized exchange!”
The stock market tends to
be very monopolistic in nature. There is only one entity, one specialist that
controls prices. All trades are confined to go through this specialist. Because
of, the price may easily be altered to benefit of the specialist, and not to
the traders.