What is a Requote in Forex? A Complete Guide for Slovenia Traders (2026)

What Exactly is a Requote in Forex?

A requote is a message from your broker stating that the price you requested is no longer available, and a new price is being offered. This typically happens in fast-moving markets when liquidity is thin. For Slovenia traders, requotes are most common when trading major pairs like EUR/USD during economic news releases or during the overlap of the London and New York sessions.

How Does a Requote Work?

When you place a market order to buy or sell a currency pair, your broker attempts to fill it at the current ask or bid price. If the market moves before the order is executed, the broker sends a requote with a new price. You can then accept or reject it. For example, if you want to buy 10,000 units of EUR/USD at 1.1050, but the market moves to 1.1052, the broker may requote you at 1.1052. This can be frustrating for Slovenia scalpers or day traders who rely on precise entry points.

Why Requotes Matter for Slovenia Traders

Slovenia traders often use retail forex brokers that may have variable spreads and execution speeds. Requotes can increase your effective spread and reduce your potential profit. If you trade with a small account, even a single requote can turn a winning trade into a losing one. Additionally, some brokers may use requotes as a way to delay execution during volatile periods, which can be detrimental to your strategy.

Practical Example with USD

Imagine you are a Slovenia trader with a USD-denominated account. You decide to sell 1 standard lot (100,000 units) of USD/JPY at 110.00. The market is moving fast due to a US jobs report. Your broker receives your order but the price has already dropped to 109.95. The broker sends a requote offering 109.95. If you accept, you enter the trade at a worse price. Over many trades, these small differences add up. If you had used a limit order instead, you might have avoided the requote entirely.

For Slovenia traders, the local trading environment influences how requotes affect you. Most retail forex traders in Slovenia use international brokers that accept deposits via Bank Transfer, Skrill, or USDT. While these payment methods are convenient, they do not directly impact requotes. However, the broker’s execution model does. Brokers that offer ECN (Electronic Communication Network) or STP (Straight Through Processing) execution typically have fewer requotes because they route orders directly to liquidity providers. In contrast, market maker brokers may requote more often because they take the other side of your trade. The local financial authority in Slovenia, the Securities Market Agency (ATVP), oversees forex brokers operating in the country. While the ATVP does not specifically ban requotes, it requires brokers to provide fair and transparent execution. Slovenia traders should always check if their broker is regulated by the ATVP or another reputable EU regulator like CySEC or FCA. Using a regulated broker reduces the risk of unfair requoting practices.

1. Choose a broker with ECN/STP execution
   For Slovenia traders, selecting a broker that offers direct market access can significantly reduce requotes. Look for brokers that advertise 'no requotes' or 'instant execution' and are regulated by the ATVP or other EU authorities.
2. Trade during high liquidity hours
   The best time to avoid requotes is during the London-New York overlap (14:00-17:00 CET). During these hours, liquidity is highest, and prices are more stable. Avoid trading during major news releases unless you have a fast execution setup.
3. Use limit orders instead of market orders
   Limit orders allow you to specify the exact price you want to trade. If the market does not reach that price, the order is not filled. This completely avoids requotes because you are not asking for immediate execution at the current price.
4. Test your broker with a small deposit
   Before committing a large amount, deposit a small sum via Skrill or Bank Transfer and test the execution speed during volatile periods. This will help you see how often requotes occur and whether the broker is suitable for your strategy.

For Slovenia traders, the main comparison is between requotes and slippage. Requotes give you a choice; slippage does not. Requotes are more common with market maker brokers, while slippage is typical with ECN brokers. If you trade with a small account, requotes can be more damaging because they often occur at the worst possible moment. In contrast, slippage can be positive or negative. Many Slovenia traders prefer ECN brokers for their transparency, even though slippage can occur. Ultimately, the choice depends on your trading style and risk tolerance.

When you place a market order, your broker checks the current bid/ask price. If the price has changed by the time the order reaches the broker’s server, a requote is generated. For Slovenia traders using a USD account, this often happens when trading pairs like EUR/USD or GBP/USD during the European session. The broker will display a pop-up or notification with the new price, and you must manually accept or reject it. This process can take a few seconds, which can be costly in fast markets. Some trading platforms allow you to set automatic slippage tolerance to bypass requotes.

Example 1: A Slovenia trader wants to buy 0.5 lots of EUR/USD at 1.1050. The market moves to 1.1053 before execution. The broker requotes at 1.1053. The trader accepts and enters the trade at a worse price, losing 3 pips instantly.

Example 2: A Slovenia trader uses a limit order to sell USD/JPY at 110.00. The market reaches 110.00 and the order is filled without requote. This shows how limit orders can help avoid requotes entirely.

Example 3: During the US Non-Farm Payrolls release, a Slovenia trader places a market order to buy GBP/USD. The broker requotes three times before the order is filled, resulting in a 10-pip difference. This highlights the importance of avoiding high-impact news events.

In Slovenia, forex brokers are regulated by the Securities Market Agency (ATVP), which enforces the EU’s Markets in Financial Instruments Directive (MiFID II). This means brokers must provide best execution, meaning they must take all reasonable steps to obtain the best possible result for your orders. While requotes are not explicitly banned, excessive or unfair requoting could be considered a violation of best execution rules. Slovenia traders should only use brokers that are licensed by the ATVP or another reputable EU regulator. If you have a complaint about requotes, you can contact the ATVP or the broker’s dispute resolution service. Always keep trade logs and screenshots as evidence.

• Monitor news events: Avoid trading during high-impact news like US Non-Farm Payrolls or ECB announcements. These events cause massive volatility and requotes are almost guaranteed.
• Use a VPS: A Virtual Private Server (VPS) hosted near your broker’s servers reduces latency. For Slovenia traders, a VPS in Frankfurt or London can improve execution speed.
• Check broker spreads: Brokers with fixed spreads are more likely to requote during volatility. Variable spreads from ECN brokers are more transparent and reduce requotes.
• Test with a demo account: Before depositing real money via Skrill or Bank Transfer, test the broker’s execution on a demo account during volatile market conditions.
• Read the fine print: Review the broker’s execution policy. Some brokers explicitly state that they may requote under certain conditions. Avoid brokers with vague or unfair policies.

Requotes are a reality of retail forex trading, especially for Slovenia traders using market maker brokers. By understanding what they are and how to avoid them, you can improve your trading experience and protect your profits. Choose a broker with ECN/STP execution, trade during high liquidity hours, and use limit orders when possible. Test your broker with a small deposit via Bank Transfer, Skrill, or USDT before committing larger funds. For more educational content tailored to Slovenia traders, explore our other guides at comparebroker.io. Start your journey with a regulated broker today.