Requote
A requote is when a broker does not fill your order at the price you asked for and offers a new price instead. You can accept it or cancel the trade.
How it works
Requotes happen with instant execution: you send an order at a specific price, and the broker only confirms the trade at that price. If the price has moved in the meantime, you get a window with a new price. It happens most often around news and in thin markets.
With market execution, typical of ECN/STP accounts, there are no requotes: the order fills at the best available price, which may differ from what you saw. That difference is slippage. So the trade-off is between the risk of rejection and the risk of a worse price.
Occasional requotes in a volatile moment are normal. Frequent requotes in a calm market, especially ones that only go against you, are a reason to look closely at the broker and its execution terms.
You click buy EUR/USD at 1.08500 during a news release. A second later a requote arrives: new price 1.08530. If you accept, your entry is 3 pips worse, which on 1 lot means $30 off the trade's result.
The beginner mistake is accepting any requote on impulse, especially during news when price keeps running away. The entry ends up far worse than planned while the stop and target stay the same. Decide in advance how much deviation is acceptable (many platforms let you set it), and if price has moved further, skip the trade.
Questions and answers
What is a requote in simple terms?
It is when the broker answers your order with: that price is gone, here is a new one. You either accept or there is no trade.
Why do brokers give requotes?
The price changed while your order was on its way, especially during news or low liquidity. Requotes are typical of instant execution.
What is the difference between a requote and slippage?
With a requote you are offered a new price and asked to agree. With slippage the order fills immediately, but at a different price than expected.
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Updated: 2026-10-19