What Is a Requote in Forex? A Complete Guide for Brunei Traders (2026)

What Exactly Is a Requote?

A requote is a message from your broker saying the price you tried to trade at has moved. Instead of executing your order, the broker shows you a new price and asks for your confirmation. For example, if you try to buy USD/SGD at 1.3450, but the market has moved to 1.3452, the broker may send a requote with the new price.

How Requotes Work in Practice

When you place a market order, the broker checks the current live price. If the price changes between the time you click and the time the broker receives your order, a requote occurs. This is common with market maker brokers that offer fixed spreads. Brunei traders using standard accounts often see requotes during news events like US interest rate decisions.

Why Requotes Matter for Brunei Traders

Requotes can increase your trading costs and cause slippage. For Brunei traders depositing via Bank Transfer or Skrill, every extra pip matters because you may have limited funds. Requotes can also lead to missed opportunities if you hesitate to accept the new price. Experienced traders in Brunei prefer ECN brokers that offer direct market access to avoid requotes.

Requotes vs. Slippage

Requotes are different from slippage. Slippage is when your order is executed at a different price automatically, while a requote asks for your permission. In fast markets, requotes can be more dangerous because you might miss the trade entirely. Brunei traders should understand both concepts to manage risk better.

For Brunei traders, requotes are especially relevant because many retail forex brokers operate with market maker models. When you deposit using Bank Transfer or Skrill, you may be using a broker that offers fixed spreads, which increases requote risk. USDT deposits are becoming popular among Brunei traders because they allow faster withdrawals, but they do not affect requote frequency. The local financial authority does not directly regulate requotes, but it does require brokers to follow fair execution practices. To minimise requotes, Brunei traders should consider brokers that offer ECN or STP execution, and always check the broker's execution policy before depositing funds.

1. Choose an ECN/STP Broker
   Select a broker that offers direct market access. This reduces requote chances because your order goes straight to liquidity providers. Brunei traders can find such brokers that accept Bank Transfer or USDT deposits.
2. Use Limit Orders Instead of Market Orders
   Limit orders specify the price you want to trade at. If the market moves away, the order will not execute, avoiding requotes. This is safer for Brunei traders trading USD pairs.
3. Trade During Liquid Hours
   Trade when major markets overlap, like London-New York session. Liquidity is higher, so requotes are less common. Avoid trading during low-liquidity times like Asian midday.
4. Check Your Broker's Execution Policy
   Read the broker's terms regarding requotes. Some brokers promise 'no requote' execution. Brunei traders should verify this before depositing via Skrill or Bank Transfer.

Market Maker vs. ECN/STP Brokers: Market maker brokers often have requotes because they take the other side of your trade. ECN/STP brokers route your order directly to liquidity providers, reducing requote chances. For Brunei traders, ECN brokers are generally better for avoiding requotes, but they may charge commissions. Compare both types on comparebroker.io to find the best fit for your trading style and deposit method.

When you place a market order to buy or sell a currency pair like USD/SGD, your broker sends the order to its liquidity providers. If the price has moved by even a fraction of a pip, the liquidity provider may not fill your order at the original price. The broker then sends you a requote showing the new bid or ask price. For example, if you want to sell USD at 1.3450 but the market drops to 1.3448, you may receive a requote at 1.3448. You can accept or reject it. This process is common with market maker brokers popular among Brunei retail traders.

Example 1: Ahmad in Brunei deposits $1,000 via Bank Transfer and opens a standard account. He tries to buy USD/SGD at 1.3450 during the Asian session. The broker sends a requote at 1.3452. He accepts, but his entry is 2 pips worse, reducing his profit potential.

Example 2: Siti uses an ECN broker and deposits via USDT. She places a limit order to sell USD/JPY at 110.50. The market never reaches that price, so no requote occurs. She avoids requotes entirely by using limit orders.

Example 3: Hassan trades during the London-New York overlap with a Skrill deposit. He uses a market order to buy EUR/USD. Because liquidity is high, the order executes instantly without a requote.

The local financial authority in Brunei oversees forex brokers operating in the country, but it does not have specific rules about requotes. However, it does require brokers to follow fair trading practices. Brunei traders should only trade with brokers that are licensed by the local authority or by reputable international regulators like the FCA (UK), ASIC (Australia), or CySEC (Cyprus). These regulators require brokers to disclose their execution policy and handle requotes transparently. Before depositing funds via Bank Transfer or Skrill, always verify the broker's regulatory status on the regulator's official website. This protects you from unfair requote practices.

• Test with a demo account: Before depositing real money via Skrill or Bank Transfer, test the broker's execution speed and requote frequency on a demo account.
• Avoid trading during news: Major news events like US NFP or Fed decisions cause high volatility. Requotes are more common then. Brunei traders should avoid trading 30 minutes before and after.
• Use a VPS: A Virtual Private Server (VPS) can reduce latency and requote risk. This is helpful for Brunei traders with slower home internet.
• Set a requote tolerance: Some trading platforms let you set a requote tolerance in pips. Use this to automatically accept small price changes.
• Compare brokers: Use comparebroker.io to find brokers that offer no requote execution and accept Brunei deposits.

Requotes are a common part of forex trading, but they do not have to ruin your trading experience. By understanding what requotes are and how to avoid them, Brunei traders can trade more confidently. Choose an ECN broker, use limit orders, and trade during liquid hours. Always test a broker's execution with a demo account before depositing real money via Bank Transfer, Skrill, or USDT. For more comparisons and broker reviews, visit comparebroker.io and find the best broker for your needs. Start trading smarter today.