diff --git a/freqtrade/exchange/common.py b/freqtrade/exchange/common.py
index 3bba9be72..7f6dfe0eb 100644
--- a/freqtrade/exchange/common.py
+++ b/freqtrade/exchange/common.py
@@ -16,6 +16,7 @@ BAD_EXCHANGES = {
                 "Details in https://github.com/freqtrade/freqtrade/issues/1983",
     "hitbtc": "This API cannot be used with Freqtrade. "
               "Use `hitbtc2` exchange id to access this exchange.",
+    "phemex": "Does not provide history. ",
     **dict.fromkeys([
         'adara',
         'anxpro',