Requotes occur when the price at which you intend to execute your trade changes before the trade is completed, resulting in a new price quote. Requotes can be a frustrating obstacle in Forex trading. They can cause missed opportunities and affect trading performance.
This can be particularly problematic in volatile markets. At WR Trading, we’ve compiled a list of the best Forex brokers that provide a smooth trading experience without requotes.
These are the Top 10 Forex Brokers without requotes:
Broker:
Requotes:
Advantages:
Account:
No
- No Minimum Deposit
- Spreads from 0.0 Pips
- 26,000+ Markets
- Leverage up to 1:500
- Low Commission from 2$/1 Lot
- High liquidity and fast execution
- TradingView, MT4/5, cTrader, Invest Account
- New Zealand regulated
No
- ECN Accounts
- Spreads from 0.0 Pips
- Copy Trading available
- Leverage up to 1:500
- Low Commission from 1.5$/1 Lot
- High liquidity and fast execution
- TradingView, MT4/5, cTrader, Pro Trader
No
- 5x regulated broker
- Spreads from 0.0 Pips
- More than 10,000 markets
- Leverage up to 1:500
- Low Commission from 3$/1 Lot
- High liquidity and fast execution
- TradingView, MT4/5, cTrader, IRRES
No
- Different ECN Accounts
- Spreads from 0.0 Pips
- Copy Trading available
- Leverage up to 1:2000
- Low Commission from 6$/1 Lot
- High liquidity and fast execution
- TradingView, MT4/5, cTrader, Pro Trader
No
- ECN/STP Accounts
- Spreads from 0.0 Pips
- Leverage up to 1:1000
- Low Commission from 3$/1 Lot
- High liquidity and fast execution
- MT4/5 and Pro Trader
No
- Raw Spreads from 0.0 Pips
- Leverage up to 1:500
- Low Commission from 3$/1 Lot
- High liquidity and fast execution
- cTrader, MT4 ,MT5
No
- Spreads from 0.0 Pips
- Leverage up to 1:500
- Low Commission from 4$/1 Lot
- High liquidity and fast execution
- TradingView, MT4/5
No
- Regulated by multiple authorities
- Spreads from 0.0 Pips
- Leverage up to 1:500
- Commission from $3 per lot
- Fast execution (0.15 sec)
- MT4, MT5, Tickmill App
No
- Multiple regulated
- Spreads from 0.0 Pips
- Leverage up to 1:500 (1:30 EU)
- Low Commission from 2$/1 Lot
- Personal support
- MT4, MT5
No
- Tier-1 Regulated Broker
- Spreads from 0.0 Pips
- Leverage up to 1:500 (1:30 EU)
- Low Commission from 3$/1 Lot
- High liquidity and fast execution
- TradingView, MT4/5, cTrader
List of 10 Best Forex Brokers Without Requotes
#1 BlackBull Markets
BlackBull Markets sprang up from New Zealand in 2014. Traders have access to more than 26,000 tradable assets. The platform offers a low entry threshold for traders, as its standard account has no minimum deposit requirement.
For people who want to practice their trading without losing real money, BlackBull Markets has a demo account. The broker offers a maximum leverage of 1:500. There are also zero requirements on hedging, scalping, or using expert advisors. On BlackBull Markets, traders can access several trading tools from Acuity and Autochartist.
Key Facts about BlackBull Markets:
| Info | BlackBull Markets |
|---|---|
| Requotes | No |
| Founded | 2014 |
| Headquarters | New Zealand |
| Trading platforms | MetaTrader 4, MetaTrader 5 |
| Accounts | Standard, ECN Prime, Islamic |
| Account currency | USD, EUR |
| Transaction Options | Bank transfer, Credit/Debit card, PayPal, Skrill, Neteller |
| Minimum deposit | $0 |
| Leverage | Up to 500:1 |
| Min Order | 0.01 lots |
| Spread | From 0.0 pips |
| Instruments | Forex, Commodities, Indices, Cryptos |
| Margin Call / Stop Out | 50% / 30% |
| Liquidity provider | Multiple Tier-1 liquidity providers |
| Mobile trading | Yes |
| Affiliate Program | Yes |
| Orders execution | Market execution |
| Trading features | Negative Balance Protection, No swap accounts, One Click Trading |
| Contests and bonuses | Welcome Bonus |
#2 Vantage Markets
After our analysis at WR Trading, Vantage Markets ranks 2nd in our comparison. It is one of the best brokers for trading without requotes. Vantage Markets has integrated the TradingView app into the MetaTrader suite. It charges a commission of $3 per lot per trade.
There are no charges for e-wallet withdrawals or debit/credit cards. The broker supplies extensive and consistent education for both amateur and experienced traders. There are several webinars on its official YouTube channel. Both position and day traders will like Vantage Markets.
Key Facts about Vantage Markets:
| Info | Vantage Markets |
|---|---|
| Requotes | No |
| Founded | 2009 |
| Headquarters | Australia |
| Trading platforms | MetaTrader 4, MetaTrader 5, WebTrader |
| Accounts | Standard STP, Raw ECN, Pro ECN |
| Account currency | USD, EUR, GBP, JPY, CAD, AUD |
| Transaction options | Bank transfer, Credit/Debit card, PayPal, Skrill, Neteller |
| Minimum deposit | $50 |
| Leverage | Up to 500:1 |
| Min Order | 0.01 lots |
| Spread | From 0.0 pips |
| Instruments | Forex, Commodities, Indices, Cryptos |
| Margin Call / Stop Out | 50% / 30% |
| Liquidity provider | Multiple Tier-1 liquidity providers |
| Mobile trading | Yes |
| Affiliate Program | Yes |
| Orders execution | Market execution |
| Trading Features | Negative Balance Protection, No swap accounts, One Click Trading |
| Contests and Bonuses | Welcome Bonus |
#3 FP Markets
The third-best broker on our list is FP Markets. It supports the MT4, MT5, and TradingView platforms. FP Markets offers access to over-tradable 10,000 assets, including 71 forex pairs, 12 indices, and five digital currencies. FP Markets’ commission-based ECN account offering makes its price highly competitive.
Inactive traders cannot incur any fee on FP Markets. On this platform, you will get real-time push notifications to keep you in tune with essential news and price changes. In the Traders Hub section of the FP Markets website, you will see its fundamental and technical analysis research.
Key Facts about FP Markets:
| Info | FP Markets |
|---|---|
| Requotes | No |
| Founded | 2005 |
| Headquarters | Australia |
| Trading platforms | MetaTrader 4, MetaTrader 5, IRESS |
| Accounts | Standard, Raw ECN, Islamic |
| Account currency | AUD, BRL ,CAD, CHF, EUR, GBP, HKD ,NZD, PLN, MXN, SGD, USD ,ZAR |
| Transaction Options | Bank transfer, Credit/Debit card, PayPal, Skrill, Neteller |
| Minimum deposit | $100 |
| Leverage | Up to 500:1 |
| Min Order | 0.01 lots |
| Spread | From 0.0 pips |
| Instruments | Forex, Commodities, Indices, Cryptos |
| Margin Call / Stop Out | 50% / 30% |
| Liquidity provider | Multiple Tier-1 liquidity providers |
| Mobile trading | Yes |
| Affiliate Program | Yes |
| Orders execution | Market execution |
| Trading features | Negative Balance Protection, No swap accounts, One Click Trading |
| Contests and bonuses | Welcome Bonus |
#4 RoboForex
Our fourth pick at WR Trading, RoboForex, has been in the Forex brokerage industry for over a decade. On this web platform, traders can access more than 12,000 instruments, including energies, metals, futures, stocks, and indices. All transactions have fast execution speeds that lead to minimal requotes.
RoboForex has implemented a CopyFx program to help investors duplicate the techniques of successful traders. This platform allows traders to make instant withdrawals with zero commission. People who sign up for the RoboForex affiliate program can win rewards by inviting new traders to the platform.
Key Facts about RoboForex:
| Info | RoboForex |
|---|---|
| Requotes | No |
| Founded | 2009 |
| Headquarters | Belize |
| Trading platforms | MetaTrader 4, MetaTrader 5, R StocksTrader, R MobileTrader, R WebTrader |
| Accounts | ProCent, Pro, ECN, Prime, R StocksTrader |
| Account currency | USD, EUR, GOLD |
| Transaction Options | Skrill, Perfect Money, Visa/Mastercard, Neteller, AdvCash, AstraPay, NganLuong Wallet, JCB, SEPA, Bank transfer, |
| Minimum deposit | $10 |
| Leverage | Up to 2000:1 |
| Min Order | 0.01 lots |
| Spread | Floating from 0.0 pips |
| Instruments | Forex, ETFs, Index CFDs, Oil CFDs, CFDs on European and U.S. stocks, Real securities |
| Margin Call / Stop Out | 40% / 10% – 60% / 40% |
| Liquidity provider | Not specified |
| Mobile trading | Yes |
| Affiliate Program | Yes |
| Orders execution | Market execution |
| Trading features | Negative Balance Protection, No swaps on Islamic accounts, Up to 20% loyalty for affiliates, One Click Trading |
| Contests and bonuses | Welcome Bonus |
#5 Moneta Markets
As the fifth-placed broker without requotes on our list, Moneta Markets is known for its low forex fees and global reach. It allows social copy trading via its CopyTrader app and is home to over 1,000 tradable assets across various CFD markets, including metals, indices, forex, and shares.
Moneta Markets has MetaTrader 4 and MetaTrader 5. This broker can accommodate a diverse range of customers as the site’s language can be French, English, Chinese, Korean, Malaysian, Italian, or Portuguese.
Key Facts about Moneta Markets:
| Info | Moneta Markets |
|---|---|
| Requotes | No |
| Founded | 2019 |
| Headquarters | South Africa |
| Trading platforms | MetaTrader 4, MetaTrader 5, WebTrader |
| Accounts | Standard, True ECN, Islamic |
| Account currency | USD, EUR |
| Transaction Options | Bank transfer, Credit/Debit card, PayPal, Skrill, Neteller |
| Minimum deposit | $50 |
| Leverage | 1:1000 |
| Min Order | 0.01 lots |
| Spread | From 0.0 pips |
| Instruments | Forex, Commodities, Indices, Cryptos |
| Margin Call / Stop Out | 50% / 30% |
| Liquidity provider | Multiple Tier-1 liquidity providers |
| Mobile trading | Yes |
| Affiliate Program | Yes |
| Orders execution | Market execution |
| Trading features | Negative Balance Protection, No swap accounts, One Click Trading |
| Contests and bonuses | Welcome Bonus |
#6 IC Trading
According to our analysis at WR Trading, IC Trading clinches the 6th position on the list. It is renowned for its ECN environment, providing traders with no requotes and speedy order executions. You can use the MT4, MT5, or cTrader on this broker, with access to more than 2,250 tradable instruments.
Irrespective of the type of account you select, IC Trading offers reasonable spreads. You will hardly experience requotes while using IC Markets, thanks to its order execution speed of about 40 milliseconds.
Key Facts about IC Trading:
| Info | IC Trading |
|---|---|
| Requotes | No |
| Founded | 2007 |
| Headquarters | Australia |
| Trading platforms | MetaTrader 4, MetaTrader 5, cTrader |
| Accounts | Standard, Raw ECN, Islamic |
| Account currency | USD, EUR |
| Transaction Options | Bank transfer, Credit/Debit card, PayPal, Skrill, Neteller |
| Minimum deposit | $200 |
| Leverage | 1:1000 |
| Min Order | 0.01 lots |
| Spread | From 0.0 pips |
| Instruments | Forex, Commodities, Indices, Cryptos |
| Margin Call / Stop Out | 50% / 30% |
| Liquidity provider | Multiple Tier-1 liquidity providers |
| Mobile trading | Yes |
| Affiliate Program | Yes |
| Orders execution | Market execution |
| Trading features | Negative Balance Protection, No swap accounts, One Click Trading |
| Contests and bonuses | Welcome Bonus |
#7 FBS
FBS is a no-requote broker with a global footprint. As our seventh pick at WR Trading, the platform attracts millions of traders from about 150 countries. Trade executions occur in as fast as 0.01 seconds. All traders on FBS have negative balance protection.
It is also home to comprehensive educational content for beginner traders, with resources covering risk management, the psychology of trading, and automated trading.
Key Facts about FBS:
| Info | FBS |
|---|---|
| Requotes | No |
| Founded | 2009 |
| Headquarters | Belize |
| Trading platforms | MetaTrader 4, MetaTrader 5 |
| Accounts | Crypto, Standard, Zero Spread |
| Account currency | USD, EUR |
| Transaction Options | Bank transfer, Credit/Debit card, PayPal, Skrill, Neteller |
| Minimum deposit | $5 |
| Leverage | Up to 3000:1 |
| Min Order | 0.01 lots |
| Spread | From 0.7 pips |
| Instruments | Forex, Commodities, Indices, Cryptos |
| Margin Call / Stop Out | 50% / 30% |
| Liquidity provider | Multiple Tier-1 liquidity providers |
| Mobile trading | Yes |
| Affiliate Program | Yes |
| Orders execution | Market execution |
| Trading features | Negative Balance Protection, No swap accounts, One Click Trading |
| Contests and bonuses | Welcome bonus |
#8 Tickmill
Founded in 2014, Tickmill has evolved into a multi-asset broker with highly competitive spreads, especially in its Raw account. It is regulated in multiple jurisdictions and offers the full MetaTrader suite and other advanced trading platforms. Tickmill is ideal for professional and algo traders.
Key Facts about Tickmill:
| Info | Tickmill |
|---|---|
| Requotes | No |
| Founded | 2014 |
| Headquarters | Seychelles |
| Trading platforms | MetaTrader 4, MetaTrader 5 |
| Accounts | Classic, Raw |
| Account currency | USD, EUR |
| Transaction Options | Bank transfer, Credit/Debit card, PayPal, Skrill, Neteller |
| Minimum deposit | $100 |
| Leverage | 1:1000 |
| Min Order | 0.01 lots |
| Spread | From 0.0 pips |
| Instruments | Forex, Commodities, Indices, Cryptos |
| Margin Call / Stop Out | 50% / 30% |
| Liquidity provider | Multiple Tier-1 liquidity providers |
| Mobile trading | Yes |
| Affiliate Program | Yes |
| Orders execution | Market execution |
| Trading features | Negative Balance Protection, No swap accounts, One Click Trading |
| Contests and bonuses | Welcome bonus |
#9 XM
XM is a well-regarded broker known for its outstanding educational content and market research. It is trusted, with approval from reputable regulatory institutions. It serves over 10 million clients and executes millions of trades per year.
It supports the MetaTrader 4 and MetaTrader 5 platforms while providing the best trading tools. It is a no-requote broker for people who want an efficient trading atmosphere.
Key Facts about XM:
| Info | XM |
|---|---|
| Requotes | No |
| Founded | 2009 |
| Headquarters | Belize |
| Trading platforms | MetaTrader 4, MetaTrader 5, XM Webtrader |
| Accounts | Micro, Standard, XM Ultra Low, Shares |
| Account currency | USD, EUR, GBP, JPY, CHF, AUD, HUF, PLN, SGD, ZAR |
| Transaction Options | Bank transfer, Bank cards, PayPal, Skrill, Neteller |
| Minimum deposit | $5 |
| Leverage | 1000:1 |
| Min Order | 0.01 lots |
| Spread | From 0.6 pips |
| Instruments | Forex, Commodities, Indices, Metals, Energies, Stocks |
| Margin Call / Stop Out | 50% / 20% |
| Liquidity provider | Multiple Tier-1 liquidity providers |
| Mobile trading | Yes |
| Affiliate Program | Yes |
| Orders execution | Market execution |
| Trading features | Negative Balance Protection, No swap accounts, One Click Trading, Copy Trading |
| Contests and bonuses | 50% deposit bonus up to $5000, 20% deposit bonus up to $4,500, Loyalty Program, Refer a friend |
#10 Pepperstone
As the 10th-rated broker with no requotes, Pepperstone is renowned for its tight spreads and low trading costs. You have access to useful tools on MetaTrader 4, MetaTrader 5, and cTrader. The platform permits scalping, copy trading, and hedging. It offers a wide range of tradable assets covering commodities, Indices, Stick CFDs, and Forex pairs.
Key Facts about Pepperstone:
| Info | Pepperstone |
|---|---|
| Requotes | No |
| Founded | 2010 |
| Headquarters | Australia |
| Trading platforms | MetaTrader 4, MetaTrader 5, cTrader, TradingView |
| Accounts | Standard, Razor, Swap-Free |
| Account currency | USD, EUR |
| Transaction Options | Bank transfer, Credit/Debit card, PayPal, Skrill, Neteller |
| Minimum deposit | $0 |
| Leverage | Up to 500:1 |
| Min Order | 0.01 lots |
| Spread | From 0.0 pips |
| Instruments | Forex, Commodities, Indices, Cryptos |
| Margin Call / Stop Out | 50% / 20% |
| Liquidity provider | Multiple Tier-1 liquidity providers |
| Mobile trading | Yes |
| Affiliate Program | Yes |
| Orders execution | Market execution |
| Trading features | Negative Balance Protection, No swap accounts, One Click Trading |
| Contests and bonuses | Welcome Bonus |
Why Do You Get Requotes on Bad Forex Brokers?
There are actually reasons why you will often see requotes on bad forex brokers. Some of the reasons we’ve put together include:
- Risk management policy: Some bad brokers intentionally use requotes to benefit from market movements. Their policy prioritizes profit-making over client satisfaction. Some of them use specific algorithms to trigger requotes.
- Lack of transparency: Broker companies operating in places with lax legal standards can take advantage of their customers by issuing requotes frequently. They also often keep users in the dark about the reasons for the requotes.
- Technical problems: Some brokers’ websites have technical issues with the backend or front end development. Also, their servers might have some technical challenges, and they may not be robust enough to handle large traffic. Glitches due to this poor web infrastructure can cause order processing to lag and cause requotes.
- Lack of STP (Straight Through Processing)/ECN (Electronic Communication Network) models: In the absence of ECN/STP infrastructure, a broker must rely on internal dealing desks. This setup will result in more requotes.
How We Chose the Best FX Broker Without Requotes
We consider certain critical features at WR Trading before recommending a no requote broker. Some of them include:
Availability of a Regulatory Authority
All our recommended Forex brokers have the backing and oversight of a centralized financial authority. To get insight on this, we went through the “About Us” section of the broker’s website. Examples include ASIC, CFTC, and FCA.
We also check for the presence of client protection schemes, such as the segregation of broker operational funds from client funds
Ease of Trading on The Platform
On this factor, WR Trading checks for four things: ease of transaction, deposit requirements, leverage and margin, and commission and spread. The availability of higher leverage limits increases a trader’s potential for profit and magnifies his chances of making a loss.
We also check for tighter spreads to increase the likelihood of making a profit. As for the initial deposit, many of our recommended forex brokers have a low limit that can accommodate low-volume traders. We checked for withdrawal and deposit methods with low transaction levies and high speed.
Responsive Customer Service
The presence of 24/7 customer services cannot be overemphasized, as Forex trading runs for 24 hours. And there’s a probability that traders will run into some road blocks. You can contact all our recommended forex brokers with no requote at any time via phone, email, or live chat.
Reputation
We checked for the reputation of every broker by going through client testimonials on review websites. WR Trading pays attention to the strengths and weaknesses of brokers before recommending them.
Slippages vs Requotes
When trading forex, understanding the differences between slippage and requotes is crucial for making informed decisions.
Slippage occurs when an order is executed at a different price than expected. This typically happens during periods of high volatility or low liquidity. Slippage can be either positive (better price) or negative (worse price), depending on market conditions.
Requotes, on the other hand, occur when a broker is unable to execute an order at the requested price and offers a new price for the trader to accept or reject. Requotes often happen when there are sudden market movements, and they can be frustrating for traders, especially those engaged in high-frequency trading.
Conclusion
To avoid a bumpy trading experience requotes are one thing that you should try to avoid. But we have simplified your journey by selecting 10 of the best Forex brokers with no requote. No matter your skill level (amateur, professional, experienced, or expert), these trading brokers are suitable for you.
Once again, here’s our concise list of the top Forex Brokers without requotes here at WR Trading:
- BlackBull Markets – Institutional-Grade Trading
- Vantage Markets – High-Speed Execution
- FP Markets – ECN Pricing Model
- RoboForex – Diverse Platform Options
- Moneta Markets – User-Friendly Platform
- IC Trading – True ECN Environment
- FBS – High Leverage Options
- Tickmill – Transparent Execution
- XM – Comprehensive Education
- Pepperstone – Low Spreads
Frequently Asked Questions on Scalping Forex Brokers
What are Requotes in Forex Trading?
A requote occurs in Forex trading when your broker is unwilling to trade with you at your desired price. It can happen to you at any time, and you should be aware of it.
Requotes usually occur in a highly dynamic and fast-moving market when big news from the financial world rocks the system. During this transient period, the price drops or rises exponentially. When the broker gets your order, the market will have moved too fast to complete the transaction at your specified price.
The broker will then announce to you that the price has changed. It will ask you if you are willing to trade at the new price, which is usually bad compared to the previous price.
Why are Requotes Problematic?
Requotes are problematic because they can cause the trader to lose potential profit and lead to slippage. Negative slippage means that the trader has to execute the trade at a less favorable price.
Unfortunately, since requotes occur during periods of high volatility, it might be difficult for traders to execute new trades. The result is that the trader will lose confidence in the broker.
How Do I Avoid Requotes?
Choose a broker that is known for fast transactions with minimal requotes. Check for companies with positive reviews. Also, it is best to trade during periods of high liquidity, especially during the overlap of major trading sessions. Avoid trading during periods of significant economic events and high volatility.
One of the best ways to protect yourself against a requote is to set a limit order instead of a market order. A limit order tells your broker you only want to trade at a set price. If the trade parameter is not fulfilled, you tell them you will sit out of the trade.
A take profit will also work. It tells the broker the minimum profit you want, regardless of price variation. Stop losses can also protect against requotes to a certain extent.
What is the Difference Between Requotes and Slippages?
A requote occurs when your broker asks to execute your order at a bad market price, due to fast-moving making conditions.
Consider this case: If you want to buy at 1.072, significant news causes the cost to become 1.074. The broker will ask you if you are willing to conduct the trade at 1.074, which is a requote. The difference between the previous price (1.072) and the new price (1.074) is the slippage, which is equal to 0.002.
Are All Brokers without Requotes Regulated?
No, not all brokers without requote are regulated. To know whether a broker is regulated, do your findings. Check for the stamp of a reputable authority such as the Securities and Exchange Commission (SEC), the Australian Securities and Investments Commission (ASIC), and the Financial Conduct Authority (FCA). Pay attention to reviews from client testimonials to know your broker’s reliability.
