Requote
Also known as: price requote
What is it?
A requote happens when you ask your broker to trade at a specific price, but by the time your request arrives the price has already moved, so instead of filling the order the broker rejects it and offers you a new price to accept or decline. Picture clicking buy on EUR/USD at 1.0850; a moment later a box pops up saying the price has changed, would you like to buy at 1.0853 instead. That pop-up is a requote. It is the broker saying the price you wanted is no longer available, here is the current one.
Requotes are most common on instant-execution accounts, where you trade at a quoted price rather than at whatever the market offers, and they cluster in exactly the moments that matter most: fast-moving markets, news releases, and thin conditions. For a trader this is frustrating because it injects delay and uncertainty precisely when speed counts. Each requote costs you a few seconds and usually a few pips, and if you keep accepting them while a market runs, you end up chasing a price that keeps slipping away. For automation and time-sensitive signals, frequent requotes can mean trades enter late, at worse prices, or not at all.
The alternative is a market-execution account, which fills you at the next available price without requoting, though that can produce slippage instead. Understanding requotes helps you pick the right account type and broker.
Why it matters: Requotes inject delay and uncertainty exactly when markets move fast, the moments automation and signals are most time-sensitive.
Requotes add delay and worse prices precisely when speed matters most.
Real-world example
You click buy at 1.0850, the broker comes back with 'price changed, accept 1.0853?' - a requote that costs seconds and pips.
How SignalBots handles it
Fast delivery from SignalBots gets the order in sooner, narrowing the window in which a requote can occur.
Pro tip
If requotes are frequent, consider a market-execution account or a broker with deeper liquidity rather than fighting them per trade.
Common pitfalls
Repeatedly accepting requotes into a fast move, chasing a price that keeps running away.
Frequently asked questions
Why do I keep getting requotes?
Usually because you are on an instant-execution account and the price moves between your click and the broker's confirmation. Requotes are most frequent in fast markets, around news, and on thin or volatile instruments.
Should I accept a requote or not?
Accept it only if the new price still fits your plan. Repeatedly accepting requotes into a fast move means chasing a price that keeps running away, which often gives you a far worse entry than you intended.
How can I avoid requotes?
Consider a market-execution account, which fills at the next available price instead of requoting, or choose a broker with deeper liquidity. Faster order delivery also narrows the window in which the price can move enough to trigger a requote.
Is a requote the same as slippage?
No. A requote rejects your order and asks you to confirm a new price; slippage fills your order at a different price without asking. Instant-execution accounts tend to requote, while market-execution accounts tend to slip instead.
Do requotes affect automated trading?
Yes, and significantly. A bot that hits requotes can enter late, at worse prices, or miss the trade entirely while waiting for confirmation. For time-sensitive automation, an execution model that avoids requotes is usually preferable.