Best No Requotes Forex Brokers

logomark Filippo Ucchino calendar Last Updated: November 2021 timer 11 min read
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Whether you are a new or experienced trader, requotes are something that you would probably prefer to avoid. This is particularly true if you are a scalper or day trader trading over shorter time frames.

In any case, you have arrived in the perfect place to find yourself a top forex broker with no requotes. Here we will run through exactly what requotes are, how you can avoid them, and provide you with a selection of top brokers to choose from with no requotes so that you can find yourself the best currency trading website and broker possible.

Table of contents

What are Requotes in Forex?

A requote is basically a change in the price of the order between the time you make the order, and when it is actually executed. There are a number of reasons why this may happen, but the result is that a broker has been unable to open your trade at the initial price, and has instead opened it at the requoted price.

Which Forex Brokers can help you avoid Requotes?

Avoiding requotes is not always the easiest thing to do. This is because they are not actually applied by the broker but instead they are typically the result of another issue such as a sudden market change, or a technical issue with the speed of execution.

With that said, the type of broker you choose, and particularly the execution methods they employ, can have a big bearing on your exposure to requotes. In this case, you are best to choose between one between NDD, ECN, and STP brokers. These will typically try to offer a requote free trading environment and provide you access to the fastest execution styles, deepest liquidity, and most direct access to markets.

Top 10 Best Forex Brokers with No Requotes

Here is a look at the 10 best no requote brokers we have selected for you to choose from:

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73.57% of retail investor accounts lose money

1. XM

First on our list of the best no requote forex brokers is XM. They are one of the best known, and main players in the entire industry. The broker is known as a pioneer in the industry and they have been offering a great no requote trading environment since 2010. Together with this, they also have a great record in terms of no rejecting orders.

With XM, thanks to their speed of execution, they have strong figures of 99.35% of orders being executed in less than 1 second. This is lightning speed execution great for all traders. Added to this, they are a very accessible broker with a low minimum deposit in place. You can also try out a free demo account if you wish. When it comes to trading costs and fees at XM, these are also among the best in the business with spreads starting from rock bottom at 0 pips depending on your account types choice.

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Rated: Excellent
Security 94
Cost 74
Trading 65
Education 68

Platforms: MT4 Dekstop, MT4 Web, MT5 Desktop, MT5 Web, MAC Platforms Regulations: MIFID-ESMA, ASIC, CYSEC Minimum Deposit: 5
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74-89% of retail CFD accounts lose money

2. IC Markets

The next no requote broker to feature is IC Markets. They are a top ECN broker from Australia who undoubtedly offer one of the fastest trading execution environments in the industry. Their order execution style and systems are also very low latency. This provides an additional safeguard against any potential requotes happening. The broker has what the industry refers to as true ECN execution, meaning no requotes at all to worry about.

Alongside the fact that you will have no requotes at IC Markets, another positive is the fact that the broker remains highly accessible with no minimum deposit making them a popular choice for new traders too. If you are a scalper, you should also be glad to note that IC Markets supports and provides a great environment for scalping. This great range of support together with a full no requote environment make IC Markets a top broker choice for many traders.

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Rated: Excellent
Security 93
Cost 91
Trading 100
Education 66

Platforms: cTrader desktop, cTrader web, Mirror Trader, ZuluTrade, MT4 Dekstop, MT4 Web, MT5 Desktop, MT5 Web Regulations: ASIC, CYSEC, Offshore Minimum Deposit: 0
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74-89% of retail investor accounts lose money when trading CFDs

3. Pepperstone

The next top broker to feature on our no requote listing is Pepperstone. They are another internationally recognized ECN/STP broker who offer a great trading environment, and no requotes to worry about.

The broker has been around for many years and offers trading to most parts of the world with a range of top quality features, and a safe, secure trading platform. They also offer some excellent and rewarding benefits to active traders in addition to having no requotes. Getting started at Pepperstone is easy and requires a minimum deposit from $200. Added to this, Pepperstone also has a very low cost trading environment with spreads starting as low as 0 pips depending on your account type choice.

While they are an excellent, and very popular choice of broker for many traders both new and experienced, they are particularly favored by scalpers due to the no requotes environment, and the low cost conditions they provide.

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Rated: Excellent
Security 94
Cost 75
Trading 100
Education 71

Platforms: cTrader desktop, cTrader web, ZuluTrade, MT4 Dekstop, MT4 Web, MT5 Desktop, MT5 Web, MAC Platforms Regulations: FCA, MIFID-ESMA, ASIC, DFSA, CYSEC, Offshore Minimum Deposit: 0
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73% of retail investor accounts lose money

4. XTB

XTB are another top broker known around the world, and the Polish broker is another choice is our selection of the best no requote brokers you have to choose from. Firstly, they offer a great range of assets to choose from which all qualify to be traded with no requotes. This range includes more than 5,200 assets in total.

XTB is a DMA and market maker broker so you can have great direct access to the market to ensure the best possible trading prices and fastest executions. Here you will also find that the broker does not require any minimum deposit, and makes a risk-free demo account available to try for 30-days. This, combined with an excellent education infrastructure and low cost of trading which see spreads start from 0 pips make XTB an increasingly popular broker choice for a wide range of traders from new to more experienced.

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Rated: Excellent
Security 95
Cost 76
Trading 75
Education 72

Platforms: Mirror Trader, Proprietary Desktop Platform, Proprietary Web Platform, MAC Platforms Regulations: FCA, MIFID-ESMA, FSCA, CYSEC, Offshore Minimum Deposit: 0
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75.54% of retail investor accounts lose money

5. FxPro

FxPro is our next choice as a top no requote broker. The British founded broker is known throughout the industry around the world and provides a great and expansive trading environment for all types of traders to enjoy. They operate as a no dealing desk broker with an agency model, and are an excellent choice if you are trying to combine top service and reputation, with no requotes through a very efficient order execution process.

When it comes to statistics, FxPro also proves its worth if you are looking for a no requote broker. In 2019, only 0.68% of their total orders received a requote. This is a very small number compared with the industry average. FxPro is also an extremely accessible broker where the minimum deposits starts from just $100, an unlimited demo account is provided, and the spread remains highly competitive starting from 0 pip. These are just some of the reasons why the broker is a top no requote broker choice.

80
Rated: Excellent
Security 95
Cost 58
Trading 76
Education 83

Platforms: cTrader desktop, cTrader web, MT4 Dekstop, MT4 Web, MT5 Desktop, MT5 Web, MAC Platforms Regulations: FCA, MIFID-ESMA, FSCA, CYSEC, Offshore Minimum Deposit: 100
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76% of retail CFD accounts lose money

6. IG Markets

Next on our listing is IG Markets. They are one of the longest standing brokers in the industry, having been active since 1974. They are also one of the best in terms of providing for an environment free of any requotes. They use DMA execution which is extremely fast and helps to reduce any need for requotes.

Alongside this, they also provide access to a huge range of more than 17,000 assets to choose from. This should mean that there truly is something for everyone at IG Markets. All of this is available from a minimum deposit of just $250 while the broker also works to keep trading costs as low as possible. The spread here starts from 0.6 pips. If you are a more technical trader then you will also be glad to know that IG Markets supports the implementation of many APIs with trading, and if you are using an IG Markets API, then you will also have no requotes to worry about.

90
Rated: Excellent
Security 98
Cost 62
Trading 100
Education 84

Platforms: Proprietary Web Platform, MAC Platforms Regulations: FSA, MAS, FINMA, FCA, CFTC, MIFID-ESMA, ASIC, FMA, FSCA, DFSA Minimum Deposit: 300
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81% of retail investor accounts lose money

7. FXTM

Next to feature as a top no requotes broker is FXTM. They use ECN style execution which provides for some of the fastest trade execution in the sector. They also operate without a dealing desk which can further expedite the process. FXTM are a well-respected international broker who remain very attractive to most traders with their minimum deposit starting from just $10.

FXTM also provides for a great, and low cost trading environment with spreads that can start from 0 pips depending on your account type choice. They are also a broker who offer a great deal of features aimed toward catering for a wider number of traders across the industry. This includes great access to leverage which can reach up to 2000:1 trading in some markets under their FSC regulated global entity. Added to this range, the broker also caters very well to copy traders through their proprietary copy trading platform FXCM invest.

80
Rated: Excellent
Security 94
Cost 71
Trading 71
Education 80

Platforms: MT4 Dekstop, MT4 Web, MT5 Desktop, Proprietary Web Platform Regulations: FCA, MIFID-ESMA, FSCA, CYSEC, FSC (Mauritius) Minimum Deposit: 10
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74-89% of retail CFD accounts lose money

8. FBS

Next to be chosen as one of the best no requote brokers in the industry is FBS. They operate with an ECN/STP execution method which is renowned as one of the fastest, and most efficient in the sector when it comes to preventing requotes.

This, combined with an amazingly low spread that actually can start in negative territory from -1 pip depending on your account type choice, makes FBS one of the best brokers around for scalping with. To access this account type you will need a $500 minimum deposit, though the range of appeal from the broker is wide, with a very low-risk cent account also available with a minimum deposit from $1.

Looking at the statistics also provides further backing to the brokers popularity as a top choice. Here we see that requotes at FBS are extremely rare, with 95% of all orders through the broker executed in a lightning fast 0.4 seconds or less.

80
Rated: Excellent
Security 93
Cost 86
Trading 68
Education 60

Platforms: MT4 Dekstop, MT4 Web, MT5 Desktop, MT5 Web, MAC Platforms Regulations: MIFID-ESMA, ASIC, FSCA, CYSEC, Offshore Minimum Deposit: 1
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74-89% of retail CFD accounts lose money

9. FP Markets

FP Markets are the next Australian broker to feature as one of our top choices if you are looking for a no requotes broker. They also operate using an ECN/STP execution style which greatly helps to eliminate any requotes on your trades. They are an award winning broker in this respect too, having collected the award for the best quality of trade execution in 2019 from Investment Trends.

The broker executes trades at such speed that their average execution time across all trades with them is just 0.4 seconds. This is extremely fast even compared to some of the best brokers in the industry. FP Markets also make a vast number of assets available to trade with a total of more than 10,000 that you can choose from. All of this is made available with a great low trading cost too. This cost starts with a spread at 0 pips depending on your account type choice.

85
Rated: Excellent
Security 93
Cost 64
Trading 100
Education 47

Platforms: MT4 Dekstop, MT4 Web, MT5 Desktop, MT5 Web, Proprietary Desktop Platform, MAC Platforms Regulations: ASIC Minimum Deposit: 100
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74-89% of retail CFD accounts lose money

10. Vantage FX

Last but not least on our list of the best no requote brokers is another Australian broker choice in Vantage FX. They too use the ECN/STP execution style which is well-known to be among the best at limiting requotes.

Getting started at Vantage FX could not be easier. You can open an STP account for a minimum deposit starting at $200, and an ECN account starting at $500, both of which are lightning fast in terms of execution and greatly limit instances of requotes on your trades. This, combined with a great low trading cost that has a starting spread from just 0 pips is one of the major factors contributing to the great success and popularity that the broker has enjoyed to date. They are particularly a popular choice with scalpers thanks to the very competitive, low trading costs and features they provide.

76
Rated: Excellent
Security 93
Cost 74
Trading 67
Education 57

Platforms: ZuluTrade, MT4 Dekstop, MT4 Web, MT5 Desktop, MT5 Web, MAC Platforms Regulations: FCA, MIFID-ESMA, ASIC, Offshore Minimum Deposit: 200

Why do Requotes happen when Trading with Forex Brokers?

Examining why requotes happen, it is important to understand that when you are placing an order with your broker, you are asking them to execute a trade at a particular price. The broker will try to do this, but it may not always be possible for a variety of reasons. Here are some of the main reasons why a requote can occur:

Slow Internet Connection and Technical Issues: Your internet connection could be at the root of your problems when it comes to requotes. A slow internet connection will cause a higher number of requotes since there will be a delay in you clicking the button to order, versus the time this order is received by the broker’s servers. Any delay in time here could mean tha price may have changed. The same goes for any technical issues you may have.

Broker’s Execution Delay: Depending on the execution type you choose from your broker, there could be a higher instance of requotes depending on this execution method. The best brokers to select to avoid these delays are the best ecn brokers as they are generally considered to be the fastest, and can provide you with lightning fast execution speeds.

High Market Volatility: The other time when you may experience requotes is when the markets are particularly volatile. This can occur during high volume periods, or when there is some market change event or news released which can cause the prices to change rapidly. In these kind of special cases, it will not matter how fast your internet connection, nor the execution method used, the market can still change in the very slight amount of time in between these actions.

Who should look for a No-Requote Forex Broker?

Of course, requotes can be annoying to all traders even if the price change is only very small. It is always better to have no requotes, but with that said, a requote may have a bigger impact on some traders more than others.

For example, if you are a day trader, or someone else trading over very short time frames such as scalpers, then a requote could have a drastic impact on your trading strategy and overall results. If this is you, then you should absolutely be searching for the best no requotes forex brokers that you can.

If you’re interested in scalping, then you may be interested in reading our top 10 best scalping brokers article.


About the Author

Filippo Ucchino

Co-Founder - CEO - Broker Expert
Filippo is the co-founder and CEO of InvestinGoal.com. He has 15 years of experience in the financial sector and forex in particular. He started his career as a forex trader in 2005 and then became interested in the whole fintech and crypto sector.
Over this time, he has developed an almost scientific approach to the analysis of brokers, their services, and offerings. In addition, he is an expert in Compliance and Security Policies for consumers protection in this sector.
With InvestinGoal, Filippo’s goal is to bring as much clarity as possible to help users navigate the world of online trading, forex, and cryptocurrencies.

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