diff --git a/freqtrade/constants.py b/freqtrade/constants.py
index 434734ef0..7d3f9e2c1 100644
--- a/freqtrade/constants.py
+++ b/freqtrade/constants.py
@@ -155,7 +155,7 @@ CONF_SCHEMA = {
         'ignore_roi_if_buy_signal': {'type': 'boolean'},
         'ignore_buying_expired_candle_after': {'type': 'number'},
         'trading_mode': {'type': 'string', 'enum': TRADING_MODES},
-        'collateral': {'type': 'string', 'enum': COLLATERAL_TYPES},
+        'margin_mode': {'type': 'string', 'enum': COLLATERAL_TYPES},
         'backtest_breakdown': {
             'type': 'array',
             'items': {'type': 'string', 'enum': BACKTEST_BREAKDOWNS}
diff --git a/freqtrade/enums/__init__.py b/freqtrade/enums/__init__.py
index 4eb0ce307..49f2f1a60 100644
--- a/freqtrade/enums/__init__.py
+++ b/freqtrade/enums/__init__.py
@@ -1,7 +1,7 @@
 # flake8: noqa: F401
 from freqtrade.enums.backteststate import BacktestState
 from freqtrade.enums.candletype import CandleType
-from freqtrade.enums.collateral import Collateral
+from freqtrade.enums.marginmode import MarginMode
 from freqtrade.enums.ordertypevalue import OrderTypeValues
 from freqtrade.enums.rpcmessagetype import RPCMessageType
 from freqtrade.enums.runmode import NON_UTIL_MODES, OPTIMIZE_MODES, TRADING_MODES, RunMode
diff --git a/freqtrade/enums/collateral.py b/freqtrade/enums/marginmode.py
similarity index 52%
rename from freqtrade/enums/collateral.py
rename to freqtrade/enums/marginmode.py
index 979496f7b..999051ca4 100644
--- a/freqtrade/enums/collateral.py
+++ b/freqtrade/enums/marginmode.py
@@ -1,11 +1,11 @@
 from enum import Enum
 
 
-class Collateral(Enum):
+class MarginMode(Enum):
     """
     Enum to distinguish between
-    cross margin/futures collateral and
-    isolated margin/futures collateral
+    cross margin/futures margin_mode and
+    isolated margin/futures margin_mode
     """
     CROSS = "cross"
     ISOLATED = "isolated"
diff --git a/freqtrade/exchange/binance.py b/freqtrade/exchange/binance.py
index 826087aac..7d50e2c57 100644
--- a/freqtrade/exchange/binance.py
+++ b/freqtrade/exchange/binance.py
@@ -8,7 +8,7 @@ from typing import Dict, List, Optional, Tuple
 import arrow
 import ccxt
 
-from freqtrade.enums import CandleType, Collateral, TradingMode
+from freqtrade.enums import CandleType, MarginMode, TradingMode
 from freqtrade.exceptions import (DDosProtection, InsufficientFundsError, InvalidOrderException,
                                   OperationalException, TemporaryError)
 from freqtrade.exchange import Exchange
@@ -31,11 +31,11 @@ class Binance(Exchange):
         "ccxt_futures_name": "future"
     }
 
-    _supported_trading_mode_collateral_pairs: List[Tuple[TradingMode, Collateral]] = [
+    _supported_trading_mode_margin_pairs: List[Tuple[TradingMode, MarginMode]] = [
         # TradingMode.SPOT always supported and not required in this list
-        # (TradingMode.MARGIN, Collateral.CROSS),
-        # (TradingMode.FUTURES, Collateral.CROSS),
-        (TradingMode.FUTURES, Collateral.ISOLATED)
+        # (TradingMode.MARGIN, MarginMode.CROSS),
+        # (TradingMode.FUTURES, MarginMode.CROSS),
+        (TradingMode.FUTURES, MarginMode.ISOLATED)
     ]
 
     def stoploss_adjust(self, stop_loss: float, order: Dict, side: str) -> bool:
@@ -177,7 +177,7 @@ class Binance(Exchange):
         """
         Returns the maximum leverage that a pair can be traded at
         :param pair: The base/quote currency pair being traded
-        :stake_amount: The total value of the traders collateral in quote currency
+        :stake_amount: The total value of the traders margin_mode in quote currency
         """
         if stake_amount is None:
             raise OperationalException('binance.get_max_leverage requires argument stake_amount')
@@ -324,7 +324,7 @@ class Binance(Exchange):
 
         side_1 = -1 if is_short else 1
         position = abs(position)
-        cross_vars = upnl_ex_1 - mm_ex_1 if self.collateral == Collateral.CROSS else 0.0
+        cross_vars = upnl_ex_1 - mm_ex_1 if self.margin_mode == MarginMode.CROSS else 0.0
 
         # mm_ratio: Binance's formula specifies maintenance margin rate which is mm_ratio * 100%
         # maintenance_amt: (CUM) Maintenance Amount of position
diff --git a/freqtrade/exchange/bybit.py b/freqtrade/exchange/bybit.py
index 32bb0e284..484b8b9d3 100644
--- a/freqtrade/exchange/bybit.py
+++ b/freqtrade/exchange/bybit.py
@@ -2,7 +2,7 @@
 import logging
 from typing import Dict, List, Tuple
 
-from freqtrade.enums import Collateral, TradingMode
+from freqtrade.enums import MarginMode, TradingMode
 from freqtrade.exchange import Exchange
 
 
@@ -24,8 +24,8 @@ class Bybit(Exchange):
         "ccxt_futures_name": "linear"
     }
 
-    _supported_trading_mode_collateral_pairs: List[Tuple[TradingMode, Collateral]] = [
+    _supported_trading_mode_margin_pairs: List[Tuple[TradingMode, MarginMode]] = [
         # TradingMode.SPOT always supported and not required in this list
-        # (TradingMode.FUTURES, Collateral.CROSS),
-        # (TradingMode.FUTURES, Collateral.ISOLATED)
+        # (TradingMode.FUTURES, MarginMode.CROSS),
+        # (TradingMode.FUTURES, MarginMode.ISOLATED)
     ]
diff --git a/freqtrade/exchange/exchange.py b/freqtrade/exchange/exchange.py
index 8ca92df51..4c5cf0226 100644
--- a/freqtrade/exchange/exchange.py
+++ b/freqtrade/exchange/exchange.py
@@ -22,7 +22,7 @@ from pandas import DataFrame
 from freqtrade.constants import (DEFAULT_AMOUNT_RESERVE_PERCENT, NON_OPEN_EXCHANGE_STATES,
                                  ListPairsWithTimeframes, PairWithTimeframe)
 from freqtrade.data.converter import ohlcv_to_dataframe, trades_dict_to_list
-from freqtrade.enums import CandleType, Collateral, TradingMode
+from freqtrade.enums import CandleType, MarginMode, TradingMode
 from freqtrade.exceptions import (DDosProtection, ExchangeError, InsufficientFundsError,
                                   InvalidOrderException, OperationalException, PricingError,
                                   RetryableOrderError, TemporaryError)
@@ -77,7 +77,7 @@ class Exchange:
     }
     _ft_has: Dict = {}
 
-    _supported_trading_mode_collateral_pairs: List[Tuple[TradingMode, Collateral]] = [
+    _supported_trading_mode_margin_pairs: List[Tuple[TradingMode, MarginMode]] = [
         # TradingMode.SPOT always supported and not required in this list
     ]
 
@@ -137,9 +137,9 @@ class Exchange:
 
         self.trading_mode = TradingMode(config.get('trading_mode', 'spot'))
 
-        self.collateral: Optional[Collateral] = (
-            Collateral(config.get('collateral'))
-            if config.get('collateral')
+        self.margin_mode: Optional[MarginMode] = (
+            MarginMode(config.get('margin_mode'))
+            if config.get('margin_mode')
             else None
         )
 
@@ -175,7 +175,7 @@ class Exchange:
             self.validate_order_time_in_force(config.get('order_time_in_force', {}))
             self.required_candle_call_count = self.validate_required_startup_candles(
                 config.get('startup_candle_count', 0), config.get('timeframe', ''))
-            self.validate_trading_mode_and_collateral(self.trading_mode, self.collateral)
+            self.validate_trading_mode_and_margin_mode(self.trading_mode, self.margin_mode)
 
         # Converts the interval provided in minutes in config to seconds
         self.markets_refresh_interval: int = exchange_config.get(
@@ -599,23 +599,23 @@ class Exchange:
                            f"if you really need {startup_candles} candles for your strategy")
         return required_candle_call_count
 
-    def validate_trading_mode_and_collateral(
+    def validate_trading_mode_and_margin_mode(
         self,
         trading_mode: TradingMode,
-        collateral: Optional[Collateral]  # Only None when trading_mode = TradingMode.SPOT
+        margin_mode: Optional[MarginMode]  # Only None when trading_mode = TradingMode.SPOT
     ):
         """
         Checks if freqtrade can perform trades using the configured
-        trading mode(Margin, Futures) and Collateral(Cross, Isolated)
+        trading mode(Margin, Futures) and MarginMode(Cross, Isolated)
         Throws OperationalException:
-            If the trading_mode/collateral type are not supported by freqtrade on this exchange
+            If the trading_mode/margin_mode type are not supported by freqtrade on this exchange
         """
         if trading_mode != TradingMode.SPOT and (
-            (trading_mode, collateral) not in self._supported_trading_mode_collateral_pairs
+            (trading_mode, margin_mode) not in self._supported_trading_mode_margin_pairs
         ):
-            collateral_value = collateral and collateral.value
+            mm_value = margin_mode and margin_mode.value
             raise OperationalException(
-                f"Freqtrade does not support {collateral_value} {trading_mode.value} on {self.name}"
+                f"Freqtrade does not support {mm_value} {trading_mode.value} on {self.name}"
             )
 
     def exchange_has(self, endpoint: str) -> bool:
@@ -879,7 +879,7 @@ class Exchange:
 
     def _lev_prep(self, pair: str, leverage: float):
         if self.trading_mode != TradingMode.SPOT:
-            self.set_margin_mode(pair, self.collateral)
+            self.set_margin_mode(pair, self.margin_mode)
             self._set_leverage(leverage, pair)
 
     def _get_params(self, ordertype: str, leverage: float, time_in_force: str = 'gtc') -> Dict:
@@ -1810,7 +1810,7 @@ class Exchange:
         """
         Returns the maximum leverage that a pair can be traded at
         :param pair: The base/quote currency pair being traded
-        :param nominal_value: The total value of the trade in quote currency (collateral + debt)
+        :param nominal_value: The total value of the trade in quote currency (margin_mode + debt)
         """
         market = self.markets[pair]
         if market['limits']['leverage']['max'] is not None:
@@ -1830,7 +1830,7 @@ class Exchange:
         have the same leverage on every trade
         """
         if self._config['dry_run'] or not self.exchange_has("setLeverage"):
-            # Some exchanges only support one collateral type
+            # Some exchanges only support one margin_mode type
             return
 
         try:
@@ -1851,17 +1851,17 @@ class Exchange:
         return open_date.minute > 0 or open_date.second > 0
 
     @retrier
-    def set_margin_mode(self, pair: str, collateral: Collateral, params: dict = {}):
+    def set_margin_mode(self, pair: str, margin_mode: MarginMode, params: dict = {}):
         """
         Set's the margin mode on the exchange to cross or isolated for a specific pair
         :param pair: base/quote currency pair (e.g. "ADA/USDT")
         """
         if self._config['dry_run'] or not self.exchange_has("setMarginMode"):
-            # Some exchanges only support one collateral type
+            # Some exchanges only support one margin_mode type
             return
 
         try:
-            self._api.set_margin_mode(pair, collateral.value, params)
+            self._api.set_margin_mode(pair, margin_mode.value, params)
         except ccxt.DDoSProtection as e:
             raise DDosProtection(e) from e
         except (ccxt.NetworkError, ccxt.ExchangeError) as e:
@@ -2000,11 +2000,11 @@ class Exchange:
         """
         if self.trading_mode == TradingMode.SPOT:
             return None
-        elif (self.collateral is None):
-            raise OperationalException(f'{self.name}.collateral must be set for liquidation_price')
-        elif (self.trading_mode != TradingMode.FUTURES and self.collateral != Collateral.ISOLATED):
+        elif (self.margin_mode is None):
+            raise OperationalException(f'{self.name}.margin_mode must be set for liquidation_price')
+        elif (self.trading_mode != TradingMode.FUTURES and self.margin_mode != MarginMode.ISOLATED):
             raise OperationalException(
-                f"{self.name} does not support {self.collateral.value} {self.trading_mode.value}")
+                f"{self.name} does not support {self.margin_mode.value} {self.trading_mode.value}")
 
         if self._config['dry_run'] or not self.exchange_has("fetchPositions"):
 
@@ -2064,8 +2064,8 @@ class Exchange:
         :param is_short: True if the trade is a short, false otherwise
         :param position: Absolute value of position size incl. leverage (in base currency)
         :param trading_mode: SPOT, MARGIN, FUTURES, etc.
-        :param collateral: Either ISOLATED or CROSS
-        :param wallet_balance: Amount of collateral in the wallet being used to trade
+        :param margin_mode: Either ISOLATED or CROSS
+        :param wallet_balance: Amount of margin_mode in the wallet being used to trade
             Cross-Margin Mode: crossWalletBalance
             Isolated-Margin Mode: isolatedWalletBalance
 
@@ -2078,7 +2078,7 @@ class Exchange:
         taker_fee_rate = market['taker']
         mm_ratio, _ = self.get_maintenance_ratio_and_amt(pair, position)
 
-        if self.trading_mode == TradingMode.FUTURES and self.collateral == Collateral.ISOLATED:
+        if self.trading_mode == TradingMode.FUTURES and self.margin_mode == MarginMode.ISOLATED:
 
             if market['inverse']:
                 raise OperationalException(
diff --git a/freqtrade/exchange/ftx.py b/freqtrade/exchange/ftx.py
index e28c6bc45..88e906a56 100644
--- a/freqtrade/exchange/ftx.py
+++ b/freqtrade/exchange/ftx.py
@@ -4,7 +4,7 @@ from typing import Any, Dict, List, Tuple
 
 import ccxt
 
-from freqtrade.enums import Collateral, TradingMode
+from freqtrade.enums import MarginMode, TradingMode
 from freqtrade.exceptions import (DDosProtection, InsufficientFundsError, InvalidOrderException,
                                   OperationalException, TemporaryError)
 from freqtrade.exchange import Exchange
@@ -25,10 +25,10 @@ class Ftx(Exchange):
         "mark_ohlcv_timeframe": "1h",
     }
 
-    _supported_trading_mode_collateral_pairs: List[Tuple[TradingMode, Collateral]] = [
+    _supported_trading_mode_margin_pairs: List[Tuple[TradingMode, MarginMode]] = [
         # TradingMode.SPOT always supported and not required in this list
-        # (TradingMode.MARGIN, Collateral.CROSS),
-        # (TradingMode.FUTURES, Collateral.CROSS)
+        # (TradingMode.MARGIN, MarginMode.CROSS),
+        # (TradingMode.FUTURES, MarginMode.CROSS)
     ]
 
     def stoploss_adjust(self, stop_loss: float, order: Dict, side: str) -> bool:
diff --git a/freqtrade/exchange/gateio.py b/freqtrade/exchange/gateio.py
index c62b6222d..bcb4cce33 100644
--- a/freqtrade/exchange/gateio.py
+++ b/freqtrade/exchange/gateio.py
@@ -2,7 +2,7 @@
 import logging
 from typing import Dict, List, Optional, Tuple
 
-from freqtrade.enums import Collateral, TradingMode
+from freqtrade.enums import MarginMode, TradingMode
 from freqtrade.exceptions import OperationalException
 from freqtrade.exchange import Exchange
 
@@ -27,11 +27,11 @@ class Gateio(Exchange):
 
     _headers = {'X-Gate-Channel-Id': 'freqtrade'}
 
-    _supported_trading_mode_collateral_pairs: List[Tuple[TradingMode, Collateral]] = [
+    _supported_trading_mode_margin_pairs: List[Tuple[TradingMode, MarginMode]] = [
         # TradingMode.SPOT always supported and not required in this list
-        # (TradingMode.MARGIN, Collateral.CROSS),
-        # (TradingMode.FUTURES, Collateral.CROSS),
-        (TradingMode.FUTURES, Collateral.ISOLATED)
+        # (TradingMode.MARGIN, MarginMode.CROSS),
+        # (TradingMode.FUTURES, MarginMode.CROSS),
+        (TradingMode.FUTURES, MarginMode.ISOLATED)
     ]
 
     def validate_ordertypes(self, order_types: Dict) -> None:
diff --git a/freqtrade/exchange/kraken.py b/freqtrade/exchange/kraken.py
index d96f171e1..308a6feab 100644
--- a/freqtrade/exchange/kraken.py
+++ b/freqtrade/exchange/kraken.py
@@ -6,7 +6,7 @@ from typing import Any, Dict, List, Optional, Tuple
 import ccxt
 from pandas import DataFrame
 
-from freqtrade.enums import Collateral, TradingMode
+from freqtrade.enums import MarginMode, TradingMode
 from freqtrade.exceptions import (DDosProtection, InsufficientFundsError, InvalidOrderException,
                                   OperationalException, TemporaryError)
 from freqtrade.exchange import Exchange
@@ -27,10 +27,10 @@ class Kraken(Exchange):
         "mark_ohlcv_timeframe": "4h",
     }
 
-    _supported_trading_mode_collateral_pairs: List[Tuple[TradingMode, Collateral]] = [
+    _supported_trading_mode_margin_pairs: List[Tuple[TradingMode, MarginMode]] = [
         # TradingMode.SPOT always supported and not required in this list
-        # (TradingMode.MARGIN, Collateral.CROSS),
-        # (TradingMode.FUTURES, Collateral.CROSS)
+        # (TradingMode.MARGIN, MarginMode.CROSS),
+        # (TradingMode.FUTURES, MarginMode.CROSS)
     ]
 
     def market_is_tradable(self, market: Dict[str, Any]) -> bool:
diff --git a/freqtrade/exchange/okex.py b/freqtrade/exchange/okex.py
index 7e9348f0c..b6252ed1e 100644
--- a/freqtrade/exchange/okex.py
+++ b/freqtrade/exchange/okex.py
@@ -1,7 +1,7 @@
 import logging
 from typing import Dict, List, Tuple
 
-from freqtrade.enums import Collateral, TradingMode
+from freqtrade.enums import MarginMode, TradingMode
 from freqtrade.exchange import Exchange
 
 
@@ -20,9 +20,9 @@ class Okex(Exchange):
         "funding_fee_timeframe": "8h",
     }
 
-    _supported_trading_mode_collateral_pairs: List[Tuple[TradingMode, Collateral]] = [
+    _supported_trading_mode_margin_pairs: List[Tuple[TradingMode, MarginMode]] = [
         # TradingMode.SPOT always supported and not required in this list
-        # (TradingMode.MARGIN, Collateral.CROSS),
-        # (TradingMode.FUTURES, Collateral.CROSS),
-        # (TradingMode.FUTURES, Collateral.ISOLATED)
+        # (TradingMode.MARGIN, MarginMode.CROSS),
+        # (TradingMode.FUTURES, MarginMode.CROSS),
+        # (TradingMode.FUTURES, MarginMode.ISOLATED)
     ]
diff --git a/freqtrade/freqtradebot.py b/freqtrade/freqtradebot.py
index ad5bc0fb6..38d80ab7a 100644
--- a/freqtrade/freqtradebot.py
+++ b/freqtrade/freqtradebot.py
@@ -16,7 +16,7 @@ from freqtrade.configuration import validate_config_consistency
 from freqtrade.data.converter import order_book_to_dataframe
 from freqtrade.data.dataprovider import DataProvider
 from freqtrade.edge import Edge
-from freqtrade.enums import (Collateral, RPCMessageType, RunMode, SellType, SignalDirection, State,
+from freqtrade.enums import (MarginMode, RPCMessageType, RunMode, SellType, SignalDirection, State,
                              TradingMode)
 from freqtrade.exceptions import (DependencyException, ExchangeError, InsufficientFundsError,
                                   InvalidOrderException, OperationalException, PricingError)
@@ -105,9 +105,9 @@ class FreqtradeBot(LoggingMixin):
 
         self.trading_mode = TradingMode(self.config.get('trading_mode', 'spot'))
 
-        self.collateral_type: Optional[Collateral] = None
-        if 'collateral' in self.config:
-            self.collateral_type = Collateral(self.config['collateral'])
+        self.margin_mode_type: Optional[MarginMode] = None
+        if 'margin_mode' in self.config:
+            self.margin_mode = MarginMode(self.config['margin_mode'])
 
         self._schedule = Scheduler()
 
@@ -615,7 +615,7 @@ class FreqtradeBot(LoggingMixin):
         if self.trading_mode == TradingMode.SPOT:
             return (0.0, None)
         elif (
-            self.collateral_type == Collateral.ISOLATED and
+            self.margin_mode == MarginMode.ISOLATED and
             self.trading_mode == TradingMode.FUTURES
         ):
             wallet_balance = (amount * open_rate)/leverage
diff --git a/tests/conftest.py b/tests/conftest.py
index de1f44e89..15705e987 100644
--- a/tests/conftest.py
+++ b/tests/conftest.py
@@ -17,7 +17,7 @@ from freqtrade import constants
 from freqtrade.commands import Arguments
 from freqtrade.data.converter import ohlcv_to_dataframe
 from freqtrade.edge import PairInfo
-from freqtrade.enums import CandleType, Collateral, RunMode, SignalDirection, TradingMode
+from freqtrade.enums import CandleType, MarginMode, RunMode, SignalDirection, TradingMode
 from freqtrade.exchange import Exchange
 from freqtrade.freqtradebot import FreqtradeBot
 from freqtrade.persistence import LocalTrade, Trade, init_db
@@ -115,12 +115,12 @@ def patch_exchange(
 
     if mock_supported_modes:
         mocker.patch(
-            f'freqtrade.exchange.{id.capitalize()}._supported_trading_mode_collateral_pairs',
+            f'freqtrade.exchange.{id.capitalize()}._supported_trading_mode_margin_pairs',
             PropertyMock(return_value=[
-                (TradingMode.MARGIN, Collateral.CROSS),
-                (TradingMode.MARGIN, Collateral.ISOLATED),
-                (TradingMode.FUTURES, Collateral.CROSS),
-                (TradingMode.FUTURES, Collateral.ISOLATED)
+                (TradingMode.MARGIN, MarginMode.CROSS),
+                (TradingMode.MARGIN, MarginMode.ISOLATED),
+                (TradingMode.FUTURES, MarginMode.CROSS),
+                (TradingMode.FUTURES, MarginMode.ISOLATED)
             ])
         )
 
diff --git a/tests/exchange/test_binance.py b/tests/exchange/test_binance.py
index 00a2369bb..5bd383d6e 100644
--- a/tests/exchange/test_binance.py
+++ b/tests/exchange/test_binance.py
@@ -5,7 +5,7 @@ from unittest.mock import MagicMock, PropertyMock
 import ccxt
 import pytest
 
-from freqtrade.enums import Collateral, TradingMode
+from freqtrade.enums import MarginMode, TradingMode
 from freqtrade.exceptions import DependencyException, InvalidOrderException, OperationalException
 from tests.conftest import get_mock_coro, get_patched_exchange, log_has_re
 from tests.exchange.test_exchange import ccxt_exceptionhandlers
@@ -236,7 +236,7 @@ def test_fill_leverage_brackets_binance(default_conf, mocker):
     })
     default_conf['dry_run'] = False
     default_conf['trading_mode'] = TradingMode.FUTURES
-    default_conf['collateral'] = Collateral.ISOLATED
+    default_conf['margin_mode'] = MarginMode.ISOLATED
     exchange = get_patched_exchange(mocker, default_conf, api_mock, id="binance")
     exchange.fill_leverage_brackets()
 
@@ -282,7 +282,7 @@ def test_fill_leverage_brackets_binance(default_conf, mocker):
 def test_fill_leverage_brackets_binance_dryrun(default_conf, mocker):
     api_mock = MagicMock()
     default_conf['trading_mode'] = TradingMode.FUTURES
-    default_conf['collateral'] = Collateral.ISOLATED
+    default_conf['margin_mode'] = MarginMode.ISOLATED
     exchange = get_patched_exchange(mocker, default_conf, api_mock, id="binance")
     exchange.fill_leverage_brackets()
 
@@ -385,14 +385,14 @@ async def test__async_get_historic_ohlcv_binance(default_conf, mocker, caplog, c
     assert log_has_re(r"Candle-data for ETH/BTC available starting with .*", caplog)
 
 
-@pytest.mark.parametrize("trading_mode,collateral,config", [
+@pytest.mark.parametrize("trading_mode,margin_mode,config", [
     ("spot", "", {}),
     ("margin", "cross", {"options": {"defaultType": "margin"}}),
     ("futures", "isolated", {"options": {"defaultType": "future"}}),
 ])
-def test__ccxt_config(default_conf, mocker, trading_mode, collateral, config):
+def test__ccxt_config(default_conf, mocker, trading_mode, margin_mode, config):
     default_conf['trading_mode'] = trading_mode
-    default_conf['collateral'] = collateral
+    default_conf['margin_mode'] = margin_mode
     exchange = get_patched_exchange(mocker, default_conf, id="binance")
     assert exchange._ccxt_config == config
 
diff --git a/tests/exchange/test_ccxt_compat.py b/tests/exchange/test_ccxt_compat.py
index a799bc302..e9b78af44 100644
--- a/tests/exchange/test_ccxt_compat.py
+++ b/tests/exchange/test_ccxt_compat.py
@@ -104,12 +104,12 @@ def exchange_futures(request, exchange_conf, class_mocker):
         exchange_conf = deepcopy(exchange_conf)
         exchange_conf['exchange']['name'] = request.param
         exchange_conf['trading_mode'] = 'futures'
-        exchange_conf['collateral'] = 'cross'
+        exchange_conf['margin_mode'] = 'cross'
         exchange_conf['stake_currency'] = EXCHANGES[request.param]['stake_currency']
 
         # TODO-lev: This mock should no longer be necessary once futures are enabled.
         class_mocker.patch(
-            'freqtrade.exchange.exchange.Exchange.validate_trading_mode_and_collateral')
+            'freqtrade.exchange.exchange.Exchange.validate_trading_mode_and_margin_mode')
         class_mocker.patch(
             'freqtrade.exchange.binance.Binance.fill_leverage_brackets')
 
diff --git a/tests/exchange/test_exchange.py b/tests/exchange/test_exchange.py
index a6d319687..ae94ae102 100644
--- a/tests/exchange/test_exchange.py
+++ b/tests/exchange/test_exchange.py
@@ -11,7 +11,7 @@ import ccxt
 import pytest
 from pandas import DataFrame
 
-from freqtrade.enums import CandleType, Collateral, TradingMode
+from freqtrade.enums import CandleType, MarginMode, TradingMode
 from freqtrade.exceptions import (DDosProtection, DependencyException, InvalidOrderException,
                                   OperationalException, PricingError, TemporaryError)
 from freqtrade.exchange import Binance, Bittrex, Exchange, Kraken
@@ -263,7 +263,7 @@ def test_amount_to_precision(
     })
 
     default_conf['trading_mode'] = trading_mode
-    default_conf['collateral'] = 'isolated'
+    default_conf['margin_mode'] = 'isolated'
 
     exchange = get_patched_exchange(mocker, default_conf, id="binance")
     # digits counting mode
@@ -473,7 +473,7 @@ def test_get_min_pair_stake_amount(mocker, default_conf) -> None:
 
     markets["ETH/BTC"]["contractSize"] = '0.01'
     default_conf['trading_mode'] = 'futures'
-    default_conf['collateral'] = 'isolated'
+    default_conf['margin_mode'] = 'isolated'
     exchange = get_patched_exchange(mocker, default_conf, id="binance")
     mocker.patch(
         'freqtrade.exchange.Exchange.markets',
@@ -1165,7 +1165,7 @@ def test_create_order(default_conf, mocker, side, ordertype, rate, marketprice,
         'amount': 1
     })
     default_conf['dry_run'] = False
-    default_conf['collateral'] = 'isolated'
+    default_conf['margin_mode'] = 'isolated'
     mocker.patch('freqtrade.exchange.Exchange.amount_to_precision', lambda s, x, y: y)
     mocker.patch('freqtrade.exchange.Exchange.price_to_precision', lambda s, x, y: y)
     exchange = get_patched_exchange(mocker, default_conf, api_mock, id=exchange_name)
@@ -2334,7 +2334,7 @@ async def test__async_fetch_trades(default_conf, mocker, caplog, exchange_name,
 async def test__async_fetch_trades_contract_size(default_conf, mocker, caplog, exchange_name,
                                                  fetch_trades_result):
     caplog.set_level(logging.DEBUG)
-    default_conf['collateral'] = 'isolated'
+    default_conf['margin_mode'] = 'isolated'
     default_conf['trading_mode'] = 'futures'
     exchange = get_patched_exchange(mocker, default_conf, id=exchange_name)
     # Monkey-patch async function
@@ -2796,7 +2796,7 @@ def test_get_trades_for_order(default_conf, mocker, exchange_name, trading_mode,
     since = datetime(2018, 5, 5, 0, 0, 0)
     default_conf["dry_run"] = False
     default_conf["trading_mode"] = trading_mode
-    default_conf["collateral"] = 'isolated'
+    default_conf["margin_mode"] = 'isolated'
     mocker.patch('freqtrade.exchange.Exchange.exchange_has', return_value=True)
     api_mock = MagicMock()
 
@@ -3170,7 +3170,7 @@ def test_market_is_tradable(
         quote, spot, margin, futures, trademode, add_dict, exchange, expected_result
 ) -> None:
     default_conf['trading_mode'] = trademode
-    mocker.patch('freqtrade.exchange.exchange.Exchange.validate_trading_mode_and_collateral')
+    mocker.patch('freqtrade.exchange.exchange.Exchange.validate_trading_mode_and_margin_mode')
     ex = get_patched_exchange(mocker, default_conf, id=exchange)
     market = {
         'symbol': market_symbol,
@@ -3400,11 +3400,11 @@ def test__set_leverage(mocker, default_conf, exchange_name, trading_mode):
     )
 
 
-@pytest.mark.parametrize("collateral", [
-    (Collateral.CROSS),
-    (Collateral.ISOLATED)
+@pytest.mark.parametrize("margin_mode", [
+    (MarginMode.CROSS),
+    (MarginMode.ISOLATED)
 ])
-def test_set_margin_mode(mocker, default_conf, collateral):
+def test_set_margin_mode(mocker, default_conf, margin_mode):
 
     api_mock = MagicMock()
     api_mock.set_margin_mode = MagicMock()
@@ -3419,70 +3419,70 @@ def test_set_margin_mode(mocker, default_conf, collateral):
         "set_margin_mode",
         "set_margin_mode",
         pair="XRP/USDT",
-        collateral=collateral
+        margin_mode=margin_mode
     )
 
 
-@pytest.mark.parametrize("exchange_name, trading_mode, collateral, exception_thrown", [
+@pytest.mark.parametrize("exchange_name, trading_mode, margin_mode, exception_thrown", [
     ("binance", TradingMode.SPOT, None, False),
-    ("binance", TradingMode.MARGIN, Collateral.ISOLATED, True),
+    ("binance", TradingMode.MARGIN, MarginMode.ISOLATED, True),
     ("kraken", TradingMode.SPOT, None, False),
-    ("kraken", TradingMode.MARGIN, Collateral.ISOLATED, True),
-    ("kraken", TradingMode.FUTURES, Collateral.ISOLATED, True),
+    ("kraken", TradingMode.MARGIN, MarginMode.ISOLATED, True),
+    ("kraken", TradingMode.FUTURES, MarginMode.ISOLATED, True),
     ("ftx", TradingMode.SPOT, None, False),
-    ("ftx", TradingMode.MARGIN, Collateral.ISOLATED, True),
-    ("ftx", TradingMode.FUTURES, Collateral.ISOLATED, True),
+    ("ftx", TradingMode.MARGIN, MarginMode.ISOLATED, True),
+    ("ftx", TradingMode.FUTURES, MarginMode.ISOLATED, True),
     ("bittrex", TradingMode.SPOT, None, False),
-    ("bittrex", TradingMode.MARGIN, Collateral.CROSS, True),
-    ("bittrex", TradingMode.MARGIN, Collateral.ISOLATED, True),
-    ("bittrex", TradingMode.FUTURES, Collateral.CROSS, True),
-    ("bittrex", TradingMode.FUTURES, Collateral.ISOLATED, True),
-    ("gateio", TradingMode.MARGIN, Collateral.ISOLATED, True),
+    ("bittrex", TradingMode.MARGIN, MarginMode.CROSS, True),
+    ("bittrex", TradingMode.MARGIN, MarginMode.ISOLATED, True),
+    ("bittrex", TradingMode.FUTURES, MarginMode.CROSS, True),
+    ("bittrex", TradingMode.FUTURES, MarginMode.ISOLATED, True),
+    ("gateio", TradingMode.MARGIN, MarginMode.ISOLATED, True),
     ("okex", TradingMode.SPOT, None, False),
-    ("okex", TradingMode.MARGIN, Collateral.CROSS, True),
-    ("okex", TradingMode.MARGIN, Collateral.ISOLATED, True),
-    ("okex", TradingMode.FUTURES, Collateral.CROSS, True),
+    ("okex", TradingMode.MARGIN, MarginMode.CROSS, True),
+    ("okex", TradingMode.MARGIN, MarginMode.ISOLATED, True),
+    ("okex", TradingMode.FUTURES, MarginMode.CROSS, True),
 
-    ("binance", TradingMode.FUTURES, Collateral.ISOLATED, False),
-    ("gateio", TradingMode.FUTURES, Collateral.ISOLATED, False),
+    ("binance", TradingMode.FUTURES, MarginMode.ISOLATED, False),
+    ("gateio", TradingMode.FUTURES, MarginMode.ISOLATED, False),
 
     # * Remove once implemented
-    ("okex", TradingMode.FUTURES, Collateral.ISOLATED, True),
-    ("binance", TradingMode.MARGIN, Collateral.CROSS, True),
-    ("binance", TradingMode.FUTURES, Collateral.CROSS, True),
-    ("kraken", TradingMode.MARGIN, Collateral.CROSS, True),
-    ("kraken", TradingMode.FUTURES, Collateral.CROSS, True),
-    ("ftx", TradingMode.MARGIN, Collateral.CROSS, True),
-    ("ftx", TradingMode.FUTURES, Collateral.CROSS, True),
-    ("gateio", TradingMode.MARGIN, Collateral.CROSS, True),
-    ("gateio", TradingMode.FUTURES, Collateral.CROSS, True),
+    ("okex", TradingMode.FUTURES, MarginMode.ISOLATED, True),
+    ("binance", TradingMode.MARGIN, MarginMode.CROSS, True),
+    ("binance", TradingMode.FUTURES, MarginMode.CROSS, True),
+    ("kraken", TradingMode.MARGIN, MarginMode.CROSS, True),
+    ("kraken", TradingMode.FUTURES, MarginMode.CROSS, True),
+    ("ftx", TradingMode.MARGIN, MarginMode.CROSS, True),
+    ("ftx", TradingMode.FUTURES, MarginMode.CROSS, True),
+    ("gateio", TradingMode.MARGIN, MarginMode.CROSS, True),
+    ("gateio", TradingMode.FUTURES, MarginMode.CROSS, True),
 
     # * Uncomment once implemented
-    # ("okex", TradingMode.FUTURES, Collateral.ISOLATED, False),
-    # ("binance", TradingMode.MARGIN, Collateral.CROSS, False),
-    # ("binance", TradingMode.FUTURES, Collateral.CROSS, False),
-    # ("kraken", TradingMode.MARGIN, Collateral.CROSS, False),
-    # ("kraken", TradingMode.FUTURES, Collateral.CROSS, False),
-    # ("ftx", TradingMode.MARGIN, Collateral.CROSS, False),
-    # ("ftx", TradingMode.FUTURES, Collateral.CROSS, False),
-    # ("gateio", TradingMode.MARGIN, Collateral.CROSS, False),
-    # ("gateio", TradingMode.FUTURES, Collateral.CROSS, False),
+    # ("okex", TradingMode.FUTURES, MarginMode.ISOLATED, False),
+    # ("binance", TradingMode.MARGIN, MarginMode.CROSS, False),
+    # ("binance", TradingMode.FUTURES, MarginMode.CROSS, False),
+    # ("kraken", TradingMode.MARGIN, MarginMode.CROSS, False),
+    # ("kraken", TradingMode.FUTURES, MarginMode.CROSS, False),
+    # ("ftx", TradingMode.MARGIN, MarginMode.CROSS, False),
+    # ("ftx", TradingMode.FUTURES, MarginMode.CROSS, False),
+    # ("gateio", TradingMode.MARGIN, MarginMode.CROSS, False),
+    # ("gateio", TradingMode.FUTURES, MarginMode.CROSS, False),
 ])
-def test_validate_trading_mode_and_collateral(
+def test_validate_trading_mode_and_margin_mode(
     default_conf,
     mocker,
     exchange_name,
     trading_mode,
-    collateral,
+    margin_mode,
     exception_thrown
 ):
     exchange = get_patched_exchange(
         mocker, default_conf, id=exchange_name, mock_supported_modes=False)
     if (exception_thrown):
         with pytest.raises(OperationalException):
-            exchange.validate_trading_mode_and_collateral(trading_mode, collateral)
+            exchange.validate_trading_mode_and_margin_mode(trading_mode, margin_mode)
     else:
-        exchange.validate_trading_mode_and_collateral(trading_mode, collateral)
+        exchange.validate_trading_mode_and_margin_mode(trading_mode, margin_mode)
 
 
 @pytest.mark.parametrize("exchange_name,trading_mode,ccxt_config", [
@@ -3508,7 +3508,7 @@ def test__ccxt_config(
     ccxt_config
 ):
     default_conf['trading_mode'] = trading_mode
-    default_conf['collateral'] = 'isolated'
+    default_conf['margin_mode'] = 'isolated'
     exchange = get_patched_exchange(mocker, default_conf, id=exchange_name)
     assert exchange._ccxt_config == ccxt_config
 
@@ -3609,7 +3609,7 @@ def test_get_liquidation_price(mocker, default_conf):
             'marginRatio': None,
             'liquidationPrice': 17.47,
             'markPrice': 18.89,
-            'collateral': 1.52549075,
+            'margin_mode': 1.52549075,
             'marginType': 'isolated',
             'side': 'buy',
             'percentage': 0.003177292946409658
@@ -3622,7 +3622,7 @@ def test_get_liquidation_price(mocker, default_conf):
     )
     default_conf['dry_run'] = False
     default_conf['trading_mode'] = 'futures'
-    default_conf['collateral'] = 'isolated'
+    default_conf['margin_mode'] = 'isolated'
 
     exchange = get_patched_exchange(mocker, default_conf, api_mock)
     liq_price = exchange.get_liquidation_price(
@@ -3786,7 +3786,7 @@ def test__fetch_and_calculate_funding_fees_datetime_called(
 def test__get_contract_size(mocker, default_conf, pair, expected_size, trading_mode):
     api_mock = MagicMock()
     default_conf['trading_mode'] = trading_mode
-    default_conf['collateral'] = 'isolated'
+    default_conf['margin_mode'] = 'isolated'
     mocker.patch('freqtrade.exchange.Exchange.markets', {
         'LTC/USD': {
             'symbol': 'LTC/USD',
@@ -3826,7 +3826,7 @@ def test__order_contracts_to_amount(
 ):
     api_mock = MagicMock()
     default_conf['trading_mode'] = trading_mode
-    default_conf['collateral'] = 'isolated'
+    default_conf['margin_mode'] = 'isolated'
     mocker.patch('freqtrade.exchange.Exchange.markets', markets)
     exchange = get_patched_exchange(mocker, default_conf, api_mock)
 
@@ -3910,7 +3910,7 @@ def test__trades_contracts_to_amount(
 ):
     api_mock = MagicMock()
     default_conf['trading_mode'] = trading_mode
-    default_conf['collateral'] = 'isolated'
+    default_conf['margin_mode'] = 'isolated'
     mocker.patch('freqtrade.exchange.Exchange.markets', markets)
     exchange = get_patched_exchange(mocker, default_conf, api_mock)
 
@@ -3946,7 +3946,7 @@ def test__amount_to_contracts(
 ):
     api_mock = MagicMock()
     default_conf['trading_mode'] = 'spot'
-    default_conf['collateral'] = 'isolated'
+    default_conf['margin_mode'] = 'isolated'
     mocker.patch('freqtrade.exchange.Exchange.markets', {
         'LTC/USD': {
             'symbol': 'LTC/USD',
@@ -3978,7 +3978,7 @@ def test__amount_to_contracts(
     assert result_amount == param_amount
 
 
-@pytest.mark.parametrize('exchange_name,open_rate,is_short,trading_mode,collateral', [
+@pytest.mark.parametrize('exchange_name,open_rate,is_short,trading_mode,margin_mode', [
     # Bittrex
     ('bittrex', 2.0, False, 'spot', None),
     ('bittrex', 2.0, False, 'spot', 'cross'),
@@ -3995,10 +3995,10 @@ def test_liquidation_price_is_none(
     open_rate,
     is_short,
     trading_mode,
-    collateral
+    margin_mode
 ):
     default_conf['trading_mode'] = trading_mode
-    default_conf['collateral'] = collateral
+    default_conf['margin_mode'] = margin_mode
     exchange = get_patched_exchange(mocker, default_conf, id=exchange_name)
     assert exchange.get_liquidation_price(
         pair='DOGE/USDT',
@@ -4012,7 +4012,7 @@ def test_liquidation_price_is_none(
 
 
 @pytest.mark.parametrize(
-    'exchange_name, is_short, trading_mode, collateral, wallet_balance, '
+    'exchange_name, is_short, trading_mode, margin_mode, wallet_balance, '
     'mm_ex_1, upnl_ex_1, maintenance_amt, position, open_rate, '
     'mm_ratio, expected',
     [
@@ -4027,10 +4027,10 @@ def test_liquidation_price_is_none(
     ])
 def test_liquidation_price(
     mocker, default_conf, exchange_name, open_rate, is_short, trading_mode,
-    collateral, wallet_balance, mm_ex_1, upnl_ex_1, maintenance_amt, position, mm_ratio, expected
+    margin_mode, wallet_balance, mm_ex_1, upnl_ex_1, maintenance_amt, position, mm_ratio, expected
 ):
     default_conf['trading_mode'] = trading_mode
-    default_conf['collateral'] = collateral
+    default_conf['margin_mode'] = margin_mode
     exchange = get_patched_exchange(mocker, default_conf, id=exchange_name)
     exchange.get_maintenance_ratio_and_amt = MagicMock(return_value=(mm_ratio, maintenance_amt))
     assert isclose(round(exchange.get_liquidation_price(
diff --git a/tests/optimize/test_backtesting.py b/tests/optimize/test_backtesting.py
index 30cb3932d..ce58cf72a 100644
--- a/tests/optimize/test_backtesting.py
+++ b/tests/optimize/test_backtesting.py
@@ -1177,7 +1177,7 @@ def test_backtest_start_nomock_futures(default_conf_usdt, mocker,
     # Tests detail-data loading
     default_conf_usdt.update({
         "trading_mode": "futures",
-        "collateral": "isolated",
+        "margin_mode": "isolated",
         "use_sell_signal": True,
         "sell_profit_only": False,
         "sell_profit_offset": 0.0,
@@ -1495,7 +1495,7 @@ def test_get_strategy_run_id(default_conf_usdt):
     default_conf_usdt.update({
         'strategy': 'StrategyTestV2',
         'max_open_trades': float('inf')
-        })
+    })
     strategy = StrategyResolver.load_strategy(default_conf_usdt)
     x = get_strategy_run_id(strategy)
     assert isinstance(x, str)
diff --git a/tests/test_freqtradebot.py b/tests/test_freqtradebot.py
index a2a3bebed..32b7d543b 100644
--- a/tests/test_freqtradebot.py
+++ b/tests/test_freqtradebot.py
@@ -749,7 +749,7 @@ def test_execute_entry(mocker, default_conf_usdt, fee, limit_order,
     leverage = 1.0 if trading_mode == 'spot' else 5.0
     default_conf_usdt['exchange']['name'] = exchange_name
     if margin_mode:
-        default_conf_usdt['collateral'] = margin_mode
+        default_conf_usdt['margin_mode'] = margin_mode
     mocker.patch('freqtrade.exchange.Gateio.validate_ordertypes')
     patch_RPCManager(mocker)
     patch_exchange(mocker, id=exchange_name)
@@ -4809,7 +4809,7 @@ def test_update_funding_fees_schedule(mocker, default_conf, trading_mode, calls,
     patch_exchange(mocker)
     mocker.patch('freqtrade.freqtradebot.FreqtradeBot.update_funding_fees', return_value=True)
     default_conf['trading_mode'] = trading_mode
-    default_conf['collateral'] = 'isolated'
+    default_conf['margin_mode'] = 'isolated'
     freqtrade = get_patched_freqtradebot(mocker, default_conf)
 
     time_machine.move_to(f"{t2} +00:00")
@@ -4859,7 +4859,7 @@ def test_update_funding_fees(
     patch_RPCManager(mocker)
     patch_exchange(mocker)
     default_conf['trading_mode'] = 'futures'
-    default_conf['collateral'] = 'isolated'
+    default_conf['margin_mode'] = 'isolated'
 
     date_midnight = arrow.get('2021-09-01 00:00:00')
     date_eight = arrow.get('2021-09-01 08:00:00')