diff --git a/freqtrade/exchange/exchange.py b/freqtrade/exchange/exchange.py
index 7ac45bcc9..43fbbe28b 100644
--- a/freqtrade/exchange/exchange.py
+++ b/freqtrade/exchange/exchange.py
@@ -822,7 +822,7 @@ class Exchange:
             'price': rate,
             'average': rate,
             'amount': _amount,
-            'cost': _amount * rate / leverage,
+            'cost': _amount * rate,
             'type': ordertype,
             'side': side,
             'filled': 0,
diff --git a/tests/exchange/test_exchange.py b/tests/exchange/test_exchange.py
index acd48b3fd..bf4f44440 100644
--- a/tests/exchange/test_exchange.py
+++ b/tests/exchange/test_exchange.py
@@ -1135,7 +1135,7 @@ def test_create_dry_run_order(default_conf, mocker, side, exchange_name, leverag
     assert order["symbol"] == "ETH/BTC"
     assert order["amount"] == 1
     assert order["leverage"] == leverage
-    assert order["cost"] == 1 * 200 / leverage
+    assert order["cost"] == 1 * 200
 
 
 @pytest.mark.parametrize("side,startprice,endprice", [