What is a Requote in Forex? A Complete Guide for Netherlands Traders in 2026

How Requotes Work in Forex

When you place a market order to buy or sell a currency pair, your broker sends your request to a liquidity provider. If the price has moved since you clicked 'buy' or 'sell,' the broker may return a requote with a new price. You then decide to accept the new price or cancel the order. This is different from instant execution, where your order is filled at the best available price without asking.

Why Requotes Matter for Netherlands Traders

Netherlands retail traders often trade EUR/USD, which is directly affected by Eurozone economic data. During news events like the ECB interest rate decision or US Non-Farm Payrolls, requotes become frequent. If you trade with USD, a requote can mean the difference between a profitable trade and a loss. For example, if you try to buy EUR/USD at 1.1050 but the market jumps to 1.1055, your broker may requote you at 1.1055, increasing your entry cost.

Requotes vs. Slippage: Key Differences

Slippage automatically fills your order at the next available price, while a requote gives you a choice. For Netherlands traders, requotes offer more transparency but can lead to missed trades if you hesitate. Many brokers now offer 'no requote' policies, especially ECN brokers, which use direct market access to fill orders instantly.

When Requotes Are Most Common

Requotes spike during high-impact news releases, market opens, and low liquidity periods like Friday afternoons or Dutch public holidays. Netherlands traders should avoid trading during these times if requotes are a concern. Using limit orders instead of market orders can also reduce requote frequency.

For Netherlands traders, requotes are a practical concern when using local payment methods like Bank Transfer (iDEAL), Skrill, or USDT to fund trading accounts. Since these methods can take time to process, you might enter the market during volatile periods. The local financial authority (AFM) oversees broker conduct but does not ban requotes outright. However, AFM-regulated brokers must disclose their execution policy, including requote practices. Netherlands traders should always verify a broker's requote policy before depositing funds. Additionally, because many Netherlands traders prefer USD-denominated accounts, requotes can directly impact your profit margins when converting profits back to EUR. Choosing a broker with fast execution and low requote rates is essential for consistent trading results.

1. Choose a broker with ECN execution
   Look for brokers that offer direct market access with no requote policies. Check if they are regulated by the AFM or DNB for added safety.
2. Test with a demo account
   Before depositing via Bank Transfer or Skrill, test the broker's execution speed during volatile market hours. Note how often requotes appear.
3. Use limit orders
   Instead of market orders, set limit orders with a specific price. This avoids requotes because your order only executes at your price or better.
4. Trade during high liquidity hours
   Trade during the London-New York overlap (14:00-17:00 CET) when EUR/USD liquidity is highest, reducing requote chances.

For Netherlands traders, requotes are often compared to 'instant execution' and 'market execution.' Instant execution guarantees a price but may result in requotes if the price changes. Market execution fills your order at the best available price without requotes, but slippage may occur. Most Netherlands retail traders prefer market execution for faster fills, especially when trading USD pairs. However, market execution can lead to negative slippage during news events. Requotes offer more transparency but can be frustrating. Choose based on your trading style: scalpers may prefer market execution, while swing traders may tolerate requotes for price certainty.

When you click 'buy' or 'sell' in your trading platform, your broker attempts to fill your order at the current market price. If the price changes before the order reaches the liquidity provider, the broker sends a requote with a new price. For example, if you try to buy EUR/USD at 1.1050 but the market moves to 1.1053, your broker may offer you 1.1053. You can accept or cancel. This process happens in milliseconds but can feel slow during fast markets. Netherlands traders using USD-denominated accounts should understand that requotes are more common with market makers than with ECN brokers. The AFM requires brokers to disclose their requote policy, so always read the fine print before trading.

Example 1: You are a Netherlands trader with a USD account. You want to sell EUR/USD at 1.1050. The market is volatile due to US jobs data. Your broker requotes you at 1.1048. You accept, and your trade opens 2 pips worse than your original price. On a standard lot (100,000 units), this costs you $20.

Example 2: You deposit €1,000 via Skrill and convert to $1,100 USD. You try to buy USD/JPY at 110.00. The broker requotes you at 110.02. You decline, and the price moves to 110.05. You miss the trade. This shows how requotes can cause missed opportunities for Netherlands traders using local payment methods.

In Netherlands, forex brokers must be licensed by the AFM (Autoriteit Financiële Markten) or DNB (De Nederlandsche Bank). These regulators require brokers to act in the best interest of clients, which includes fair order execution. While requotes are not explicitly prohibited, brokers must clearly disclose their execution policy. If a broker uses requotes frequently without disclosure, they may face regulatory action. Netherlands traders should verify a broker's license on the AFM website before depositing funds. Additionally, the European Securities and Markets Authority (ESMA) rules apply, limiting leverage to 30:1 for retail traders. This means requotes can have a larger impact on your account balance due to lower leverage. Always choose a regulated broker to ensure your trades are executed fairly.

• Check requote statistics: Some brokers publish requote rates. Look for brokers with less than 1% requote rate for major pairs like EUR/USD.
• Avoid news trading: During ECB or Fed announcements, requotes are nearly guaranteed. Wait 15-30 minutes after news for stable prices.
• Use a VPS: A virtual private server reduces latency, helping your orders reach the broker faster and reducing requote chances.
• Monitor spreads: Wide spreads often precede requotes. If spreads suddenly increase, consider waiting for normalization.
• Test with small amounts: When using USDT or Skrill, start with a small deposit to test execution quality before committing larger funds.

Requotes are a common part of forex trading, especially for Netherlands traders using USD pairs during volatile markets. By understanding what causes requotes and how to minimize them, you can trade more confidently and protect your profits. Choose a broker with ECN execution, test with a demo account, and use limit orders to reduce requote frequency. Always verify that your broker is regulated by the AFM or DNB. Ready to start trading? Compare top brokers on comparebroker.io to find one that offers fast execution and no requote policies for Netherlands traders.