What is a Requote in Forex
What Exactly is a Requote?
A requote occurs when you submit a market order or pending order at a specific price, but the broker's liquidity provider cannot fill that price due to rapid market movements or low liquidity. The broker then sends you a new price — often a few pips worse — asking you to accept or reject it. If you accept, the trade opens at the new price. If you reject, the order is cancelled.
How Requotes Work in Practice for Sweden Traders
Imagine you want to buy USD/SEK at 10.4500. You click 'Buy' and instead of instant execution, a pop-up appears: 'Requote: 10.4505 / 10.4510'. The broker offers you a worse price by 5 pips. If you accept, your trade starts with an immediate loss of 5 pips. Over multiple trades, these costs add up significantly.
Why Requotes Matter for Sweden Traders in 2026
Sweden traders often use local payment methods like Bank Transfer or Skrill, which can have slower processing times. If your account balance updates slowly, you might face requotes due to insufficient margin. Additionally, trading during Swedish market hours (overlapping with London session) can see higher volatility, increasing requote frequency.
Requotes vs. Slippage vs. Rejection
Requotes are different from slippage (execution at a worse price without asking) and rejection (order cancelled without new price). Requotes give you a choice, but in fast markets, the new price may still move against you before you decide.