diff --git a/freqtrade/freqtradebot.py b/freqtrade/freqtradebot.py
index 554837860..909fa61ba 100644
--- a/freqtrade/freqtradebot.py
+++ b/freqtrade/freqtradebot.py
@@ -643,18 +643,21 @@ class FreqtradeBot(LoggingMixin):
 
         if not stake_amount:
             return False
-
-        max_leverage = self.exchange.get_max_leverage(pair, stake_amount)
-        leverage = strategy_safe_wrapper(self.strategy.leverage, default_retval=1.0)(
-            pair=pair,
-            current_time=datetime.now(timezone.utc),
-            current_rate=enter_limit_requested,
-            proposed_leverage=1.0,
-            max_leverage=max_leverage,
-            side=trade_side,
-        ) if self.trading_mode != TradingMode.SPOT else 1.0
-        # Cap leverage between 1.0 and max_leverage.
-        leverage = min(max(leverage, 1.0), max_leverage)
+        if not pos_adjust:
+            max_leverage = self.exchange.get_max_leverage(pair, stake_amount)
+            leverage = strategy_safe_wrapper(self.strategy.leverage, default_retval=1.0)(
+                pair=pair,
+                current_time=datetime.now(timezone.utc),
+                current_rate=enter_limit_requested,
+                proposed_leverage=1.0,
+                max_leverage=max_leverage,
+                side=trade_side,
+            ) if self.trading_mode != TradingMode.SPOT else 1.0
+            # Cap leverage between 1.0 and max_leverage.
+            leverage = min(max(leverage, 1.0), max_leverage)
+        else:
+            # Changing leverage currently not possible
+            leverage = trade.leverage if trade else 1.0
         if pos_adjust:
             logger.info(f"Position adjust: about to create a new order for {pair} with stake: "
                         f"{stake_amount} for {trade}")
diff --git a/freqtrade/optimize/backtesting.py b/freqtrade/optimize/backtesting.py
index 6716c0133..4e881d271 100644
--- a/freqtrade/optimize/backtesting.py
+++ b/freqtrade/optimize/backtesting.py
@@ -639,17 +639,20 @@ class Backtesting:
             # If not pos adjust, trade is None
             return trade
 
-        max_leverage = self.exchange.get_max_leverage(pair, stake_amount)
-        leverage = strategy_safe_wrapper(self.strategy.leverage, default_retval=1.0)(
-            pair=pair,
-            current_time=current_time,
-            current_rate=row[OPEN_IDX],
-            proposed_leverage=1.0,
-            max_leverage=max_leverage,
-            side=direction,
-        ) if self._can_short else 1.0
-        # Cap leverage between 1.0 and max_leverage.
-        leverage = min(max(leverage, 1.0), max_leverage)
+        if not pos_adjust:
+            max_leverage = self.exchange.get_max_leverage(pair, stake_amount)
+            leverage = strategy_safe_wrapper(self.strategy.leverage, default_retval=1.0)(
+                pair=pair,
+                current_time=current_time,
+                current_rate=row[OPEN_IDX],
+                proposed_leverage=1.0,
+                max_leverage=max_leverage,
+                side=direction,
+            ) if self._can_short else 1.0
+            # Cap leverage between 1.0 and max_leverage.
+            leverage = min(max(leverage, 1.0), max_leverage)
+        else:
+            leverage = trade.leverage if trade else 1.0
 
         order_type = self.strategy.order_types['buy']
         time_in_force = self.strategy.order_time_in_force['buy']
diff --git a/freqtrade/persistence/models.py b/freqtrade/persistence/models.py
index c736ff191..de3ed3154 100644
--- a/freqtrade/persistence/models.py
+++ b/freqtrade/persistence/models.py
@@ -889,8 +889,7 @@ class LocalTrade():
                 total_stake += tmp_price * tmp_amount
 
         if total_amount > 0:
-            # TODO-lev: This should update leverage as well -
-            # as averaged trades might have different leverage
+            # Leverage not updated, as we don't allow changing leverage through DCA at the moment.
             self.open_rate = total_stake / total_amount
             self.stake_amount = total_stake
             self.amount = total_amount