Why Are NO Re-Quote Orders in Forex Trading Crucial for You?
If you haven't opened an account with XM yet,
open a real account now
to benefit from a 30% welcome bonus. Alternatively, practice your strategies risk-free by
opening a demo account
.
Forex traders, particularly scalpers, often face a significant challenge with re-quote orders, a practice some brokers employ that can impact trading outcomes. Re-quoting occurs when the broker cannot execute a trade at the requested price and offers a new one, often less favorable. This delay can lead to missed opportunities, lower profits, or even losses, damaging the broker’s reputation and impacting traders' earnings.
“At XM, execution quality is paramount. We prioritize providing our clients with fast, reliable access to the market at the best available price. We reject practices like aggressive re-quoting or rejecting orders, as these undermine trading success. With our interbank experience, we know that poor execution can turn a winning strategy into a losing one. Competitive spreads mean nothing if trades cannot be executed on time. Our mission at XM is to deliver the best execution possible.”
- XM Chief Executive Officer
XM, a globally recognized Forex broker, enforces a strict NO Re-Quote Policy, with no use of the Virtual Dealer plug-in. 100% of client orders are processed successfully with no rejections, and 99.35% are executed in under 1 second. This ensures that strategies reliant on fast execution, like scalping, can consistently deliver profitable results.
As an XM client, you benefit from world-class trade execution, ensuring that your orders are processed at the best available price, without delays or unwanted price changes.
XM’s commitment to excellence in execution makes them a top choice for scalpers and other active traders. By choosing XM, you align yourself with a trusted partner that prioritizes your trading success.
Happy trading, and may all your trades be successful!
