What is a Requote in Forex? A Complete Guide for Argentina Traders

What Exactly is a Requote?

A requote occurs when you place a market order at a specific price, but by the time your order reaches the broker, the price has moved. Instead of executing at your requested price, the broker sends you a new quote. You must then decide to accept the new price, reject it, or cancel the trade. This is different from slippage, where the trade is executed at a different price automatically.

How Requotes Work for Argentina Traders

When you trade forex in Argentina, your order flows through your internet connection to your broker's server. If the market is moving quickly—for example, during an Argentine economic data release—the price you see on your screen may be outdated. Your broker then offers a requote with the current market price. For instance, if you try to buy USD/ARS at 350.50, but the price has moved to 350.55, you'll receive a requote at 350.55.

Why Requotes Matter for Argentina Retail Traders

Retail traders in Argentina often trade with smaller account sizes, so every pip counts. A requote can mean the difference between a profitable trade and a losing one. Additionally, many Argentina traders use leverage, which amplifies the impact of small price changes. Understanding requotes helps you choose the right broker and trading strategy to minimize their occurrence.

For Argentina traders, requotes are particularly relevant due to the volatility of the Argentine peso and the popularity of USD-denominated trading accounts. Many local traders use Bank Transfer to deposit funds, which can take 1-3 business days. During this time, market conditions can change, and you might face requotes when you finally start trading. Using e-wallets like Skrill or USDT can speed up deposits, but they don't affect requote frequency.

The local financial authority (Comisión Nacional de Valores, CNV) oversees forex brokers operating in Argentina. While they don't directly regulate requotes, they require brokers to provide fair execution practices. As an Argentina trader, you should verify that your broker is CNV-regulated and has a clear requote policy. Some brokers advertise 'no requote' execution, but this is rare in volatile markets.

Additionally, many Argentina traders face internet latency issues, especially outside Buenos Aires. A slow connection can increase the likelihood of requotes because your orders take longer to reach the broker. Using a wired connection or a VPS can help reduce this risk.

1. Check Your Broker's Execution Policy
   Before depositing funds via Bank Transfer, Skrill, or USDT, read your broker's terms regarding requotes. Look for brokers that offer instant execution or market execution with minimal requotes. CNV-regulated brokers must disclose their order execution policy.
2. Use Limit Orders Instead of Market Orders
   Limit orders allow you to specify the exact price you want to trade. If the market doesn't reach that price, the order won't execute—no requote needed. This is especially useful for Argentina traders who want to avoid unexpected price changes.
3. Avoid Trading During High-Impact News
   Economic news from Argentina or the US can cause extreme volatility. During these times, requotes are more common. Use an economic calendar to avoid trading during Argentine CPI releases or US Fed announcements.
4. Optimize Your Internet Connection
   Use a stable, wired internet connection from a reliable provider like Telecom Argentina or Fibertel. Consider a VPS located near your broker's server to reduce latency and requote frequency.

Requotes are often compared to 'instant execution' and 'market execution.' Instant execution brokers typically requote when the price changes, while market execution brokers may use slippage. For Argentina traders, market execution is often preferred because it removes the requote step, but slippage can still occur. Some brokers offer a hybrid model. Comparebroker.io helps you find brokers with the execution type that suits your trading style.

A requote works through a simple sequence: you place a market order at a specific price, your broker receives the order, checks if the price is still available, and if not, sends you a new quote. For example, if you want to sell USD/ARS at 350.00, but the market has moved to 349.95, your broker will offer you 349.95. You then have a few seconds to accept or reject. In Argentina, internet latency plays a big role—if your connection is slow, the price you see on MetaTrader 4 or 5 may be outdated, increasing requote chances. Brokers with faster servers and direct market access reduce this issue.

Example 1: You have a USD account and want to buy EUR/USD at 1.1000. You click 'buy,' but the market moves to 1.1002. Your broker sends a requote at 1.1002. You accept, and your trade opens at the higher price. Example 2: You trade USD/ARS and see a breakout at 350.50. You place a market order, but the broker requotes at 350.55 due to low liquidity. You reject and wait for a better price. These examples show how requotes can cost you pips or save you from bad entries.

The Comisión Nacional de Valores (CNV) is the primary financial regulator in Argentina. While it does not specifically address requotes, it requires brokers to operate with transparency and fairness. For Argentina traders, this means your broker must disclose its order execution policy, including how requotes are handled. If you experience excessive requotes that seem unfair, you can file a complaint with the CNV. Additionally, the CNV requires brokers to segregate client funds, which protects your deposits made via Bank Transfer, Skrill, or USDT. Always verify your broker's CNV registration number on the official CNV website before trading.

• Use a VPS: A Virtual Private Server located near your broker's data center can reduce requotes by up to 50% for Argentina traders, especially those outside Buenos Aires.
• Trade During Liquid Hours: The highest liquidity in forex is during the London and New York sessions. For Argentina traders (UTC-3), this is from 9 AM to 12 PM local time.
• Monitor Spreads: Requotes often happen when spreads widen. Use a broker that offers fixed spreads during volatile times to reduce requote chances.
• Practice on a Demo Account: Before depositing real USD via Skrill or USDT, test your broker's execution speed on a demo account. Note how often requotes occur.
• Set Slippage Tolerance: Some platforms allow you to set a slippage tolerance. If the price moves within your tolerance, the trade executes without a requote.

Requotes are a normal part of forex trading, but they can be managed with the right knowledge and tools. As an Argentina trader, focus on choosing a CNV-regulated broker, optimizing your internet connection, and using limit orders to reduce requote frequency. Remember that your payment method—Bank Transfer, Skrill, or USDT—does not affect requotes, but fast deposits help you enter trades quickly. To take the next step, compare brokers on comparebroker.io that offer low requote rates and are regulated for Argentina traders. Start with a demo account to practice handling requotes before trading with real USD.