diff --git a/freqtrade/exchange/exchange.py b/freqtrade/exchange/exchange.py
index d91a33926..fd9c83d51 100644
--- a/freqtrade/exchange/exchange.py
+++ b/freqtrade/exchange/exchange.py
@@ -389,13 +389,6 @@ class Exchange:
                 f'On exchange stoploss is not supported for {self.name}.'
             )
 
-        # Limit price threshold: As limit price should always be below stop-price
-        # Used for limit stoplosses on exchange
-        limit_price_pct = order_types.get('stoploss_on_exchange_limit_ratio', 0.99)
-        if limit_price_pct >= 1.0 or limit_price_pct <= 0.0:
-            raise OperationalException(
-                "stoploss_on_exchange_limit_ratio should be < 1.0 and > 0.0")
-
     def validate_order_time_in_force(self, order_time_in_force: Dict) -> None:
         """
         Checks if order time in force configured in strategy/config are supported
diff --git a/tests/exchange/test_exchange.py b/tests/exchange/test_exchange.py
index 1101f3e74..60c4847f6 100644
--- a/tests/exchange/test_exchange.py
+++ b/tests/exchange/test_exchange.py
@@ -746,28 +746,6 @@ def test_validate_order_types(default_conf, mocker):
                        match=r'On exchange stoploss is not supported for .*'):
         Exchange(default_conf)
 
-    default_conf['order_types'] = {
-        'buy': 'limit',
-        'sell': 'limit',
-        'stoploss': 'limit',
-        'stoploss_on_exchange': False,
-        'stoploss_on_exchange_limit_ratio': 1.05
-    }
-    with pytest.raises(OperationalException,
-                       match=r'stoploss_on_exchange_limit_ratio should be < 1.0 and > 0.0'):
-        Exchange(default_conf)
-
-    default_conf['order_types'] = {
-        'buy': 'limit',
-        'sell': 'limit',
-        'stoploss': 'limit',
-        'stoploss_on_exchange': False,
-        'stoploss_on_exchange_limit_ratio': -0.1
-    }
-    with pytest.raises(OperationalException,
-                       match=r'stoploss_on_exchange_limit_ratio should be < 1.0 and > 0.0'):
-        Exchange(default_conf)
-
 
 def test_validate_order_types_not_in_config(default_conf, mocker):
     api_mock = MagicMock()
diff --git a/tests/test_configuration.py b/tests/test_configuration.py
index cccc87670..ca5d6eadc 100644
--- a/tests/test_configuration.py
+++ b/tests/test_configuration.py
@@ -871,6 +871,14 @@ def test_load_config_default_exchange_name(all_conf) -> None:
         validate_config_schema(all_conf)
 
 
+def test_load_config_stoploss_exchange_limit_ratio(all_conf) -> None:
+    all_conf['order_types']['stoploss_on_exchange_limit_ratio'] = 1.15
+
+    with pytest.raises(ValidationError,
+                       match=r"1.15 is greater than the maximum"):
+        validate_config_schema(all_conf)
+
+
 @pytest.mark.parametrize("keys", [("exchange", "sandbox", False),
                                   ("exchange", "key", ""),
                                   ("exchange", "secret", ""),