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

What Exactly is a Requote?

A requote happens when you place a market order at a specific price, but the broker cannot execute it at that price because the market moved. The broker then 'requotes' you with a new price. You must accept or reject it. This is common with market maker brokers and during high volatility.

How Requotes Work in Practice

Imagine you want to buy EUR/USD at 1.1000. You click 'buy,' but the price has already moved to 1.1002. Your broker sends a pop-up: 'Price changed. Buy at 1.1002?' You must decide quickly. If you accept, you get the new price. If you reject, the order is cancelled. For Syria traders, this delay can be costly, especially when trading USD pairs during news events.

Why Requotes Happen More Often in Syria

Syria traders often face slower internet speeds, less reliable broker infrastructure, and limited access to global liquidity pools. Brokers serving Syria may also use requotes as a way to manage risk during volatile periods. Payment methods like USDT deposits can also cause delays if the broker needs to verify funds before execution.

Requotes vs. Slippage vs. Rejection

Requotes are different from slippage (execution at a different price without asking) and rejection (order cancelled without alternative). Market makers typically use requotes, while ECN brokers use slippage. For Syria traders, knowing your broker type helps you predict which you will face.

For Syria traders, requotes are a daily reality when trading with local brokers or unregulated offshore platforms. Many brokers that accept Syrian clients via Bank Transfer, Skrill, or USDT operate as market makers. This means they may intentionally requote you during volatile markets to protect their own positions. Additionally, since the local financial authority has limited regulatory power, brokers may not be transparent about their execution policies. Syria traders should always verify if a broker offers 'no requote' execution or uses an ECN/STP model. Using USDT for deposits can sometimes help because it is faster than Bank Transfer, but it does not eliminate requotes. To reduce requotes, trade during high liquidity hours (London open) and avoid trading during major economic announcements. Always test a broker's execution speed with a small deposit before committing larger funds.

1. Check Broker Execution Type
   Before depositing via Bank Transfer or Skrill, confirm if the broker uses market maker or ECN execution. ECN brokers rarely requote.
2. Use Limit Orders Instead of Market Orders
   Limit orders guarantee your price or no trade. This avoids requotes entirely. Ideal for Syria traders with slower connections.
3. Trade During High Liquidity Hours
   Trade when London or New York sessions overlap. More liquidity means fewer requotes for USD pairs.
4. Test with a Small Deposit
   Deposit $50 via USDT and place a few trades to see how often requotes occur. If frequent, switch brokers.

For Syria traders, requotes are more common than slippage when using local brokers. Slippage happens with ECN brokers and is usually smaller (0-2 pips). Requotes can be larger (3-5 pips) because the broker waits for a better price. If you trade frequently, requotes can cost you more than spreads. Always compare broker execution types before choosing.

When you place a market order in forex, your broker tries to fill it at the current price. If the price moves before execution, the broker sends a requote with a new price. For Syria traders, this process is slower due to internet latency and broker server distance. For example, if you try to buy USD/SYP at 2,500, but the market moves to 2,502, your broker will requote you at 2,502. You must accept or cancel. Requotes are more common with market maker brokers and during low liquidity periods.

Example 1: You want to sell 1 lot of EUR/USD at 1.1050. Your broker requotes you at 1.1052. You accept. That 2-pip difference costs you $20. Example 2: You deposit $500 via Skrill and try to trade USD/JPY during Asian session. The broker requotes you three times in a row due to low liquidity. You eventually get filled at a worse price. These examples show how requotes eat into profits for Syria traders.

Syria's local financial authority does not specifically regulate forex brokers. This means many brokers operating in Syria are unregulated or hold licenses from offshore jurisdictions. While this gives flexibility, it also means less protection against requote abuse. Syria traders should only use brokers that are regulated by top-tier authorities like the FCA (UK), CySEC (Cyprus), or DFSA (Dubai). These regulators require brokers to disclose execution policies and treat clients fairly. Always verify a broker's license before depositing via Skrill or USDT.

• Use a VPS: A Virtual Private Server near your broker's server reduces latency and requotes for Syria traders.
• Avoid News Trading: Major news like NFP or CPI cause extreme volatility. Requotes skyrocket. Trade after the dust settles.
• Check Spreads: Wide spreads often indicate low liquidity and higher requote risk. Avoid trading during Asian session for USD pairs.
• Test Demo Accounts: Before depositing real money via Skrill, test execution on a demo account to see requote frequency.
• Contact Support: Ask your broker directly: 'Do you use requotes?' If they avoid answering, consider it a red flag.

Requotes are a common but manageable aspect of forex trading for Syria traders. By choosing the right broker, using limit orders, and trading during high liquidity hours, you can minimize requotes and protect your profits. Remember to test your broker's execution with a small deposit via USDT before committing larger funds. For more educational content on forex trading tailored to Syria, explore comparebroker.io. Start your journey with a demo account today and trade smarter.