diff --git a/freqtrade/exchange/common.py b/freqtrade/exchange/common.py
index 0046ba458..5765dc459 100644
--- a/freqtrade/exchange/common.py
+++ b/freqtrade/exchange/common.py
@@ -73,7 +73,7 @@ EXCHANGE_HAS_REQUIRED = [
 EXCHANGE_HAS_OPTIONAL = [
     # Private
     'fetchMyTrades',  # Trades for order - fee detection
-    # 'createLimitOrder', 'createMarketOrder', # Either OR for orders
+    'createLimitOrder', 'createMarketOrder',  # Either OR for orders
     # 'setLeverage',  # Margin/Futures trading
     # 'setMarginMode',  # Margin/Futures trading
     # 'fetchFundingHistory', # Futures trading
diff --git a/freqtrade/exchange/exchange.py b/freqtrade/exchange/exchange.py
index 58d5ebb07..cd13964c4 100644
--- a/freqtrade/exchange/exchange.py
+++ b/freqtrade/exchange/exchange.py
@@ -586,13 +586,10 @@ class Exchange:
         """
         Checks if order-types configured in strategy/config are supported
         """
-        # TODO: Reenable once ccxt fixes createMarketOrder assignment - as well as
-        # Revert the change in test_validate_ordertypes.
-
-        # if any(v == 'market' for k, v in order_types.items()):
-        #     if not self.exchange_has('createMarketOrder'):
-        #         raise OperationalException(
-        #             f'Exchange {self.name} does not support market orders.')
+        if any(v == 'market' for k, v in order_types.items()):
+            if not self.exchange_has('createMarketOrder'):
+                raise OperationalException(
+                    f'Exchange {self.name} does not support market orders.')
 
         if (order_types.get("stoploss_on_exchange")
                 and not self._ft_has.get("stoploss_on_exchange", False)):
diff --git a/requirements.txt b/requirements.txt
index 115ae734e..2bb3b4b75 100644
--- a/requirements.txt
+++ b/requirements.txt
@@ -2,7 +2,7 @@ numpy==1.23.1
 pandas==1.4.3
 pandas-ta==0.3.14b
 
-ccxt==1.90.41
+ccxt==1.90.47
 # Pin cryptography for now due to rust build errors with piwheels
 cryptography==37.0.4
 aiohttp==3.8.1
diff --git a/tests/exchange/test_ccxt_compat.py b/tests/exchange/test_ccxt_compat.py
index 50154bcaf..74106f28b 100644
--- a/tests/exchange/test_ccxt_compat.py
+++ b/tests/exchange/test_ccxt_compat.py
@@ -153,6 +153,25 @@ class TestCCXTExchange():
         assert isinstance(markets[pair], dict)
         assert exchange.market_is_spot(markets[pair])
 
+    def test_has_validations(self, exchange):
+
+        exchange, exchangename = exchange
+
+        exchange.validate_ordertypes({
+            'entry': 'limit',
+            'exit': 'limit',
+            'stoploss': 'limit',
+            })
+
+        if exchangename == 'gateio':
+            # gateio doesn't have market orders on spot
+            return
+        exchange.validate_ordertypes({
+            'entry': 'market',
+            'exit': 'market',
+            'stoploss': 'market',
+            })
+
     def test_load_markets_futures(self, exchange_futures):
         exchange, exchangename = exchange_futures
         if not exchange:
diff --git a/tests/exchange/test_exchange.py b/tests/exchange/test_exchange.py
index f09d647ce..acd48b3fd 100644
--- a/tests/exchange/test_exchange.py
+++ b/tests/exchange/test_exchange.py
@@ -1027,10 +1027,9 @@ def test_validate_ordertypes(default_conf, mocker):
         'stoploss': 'market',
         'stoploss_on_exchange': False
     }
-    # TODO: Revert once createMarketOrder is available again.
-    # with pytest.raises(OperationalException,
-    #                    match=r'Exchange .* does not support market orders.'):
-    #     Exchange(default_conf)
+    with pytest.raises(OperationalException,
+                       match=r'Exchange .* does not support market orders.'):
+        Exchange(default_conf)
 
     default_conf['order_types'] = {
         'entry': 'limit',