diff --git a/freqtrade/exchange/ftx.py b/freqtrade/exchange/ftx.py
index 20d643a83..73347f1eb 100644
--- a/freqtrade/exchange/ftx.py
+++ b/freqtrade/exchange/ftx.py
@@ -28,9 +28,13 @@ class Ftx(Exchange):
 
     def stoploss(self, pair: str, amount: float, stop_price: float, order_types: Dict) -> Dict:
         """
-        Creates a stoploss market order.
-        Stoploss market orders is the only stoploss type supported by ftx.
+        Creates a stoploss order.
+        depending on order_types.stoploss configuration, uses 'market' or limit order.
+
+        Limit orders are defined by having orderPrice set, otherwise a market order is used.
         """
+        limit_price_pct = order_types.get('stoploss_on_exchange_limit_ratio', 0.99)
+        limit_rate = stop_price * limit_price_pct
 
         ordertype = "stop"
 
@@ -43,9 +47,11 @@ class Ftx(Exchange):
 
         try:
             params = self._params.copy()
+            if order_types.get('stoploss', 'market') == 'limit':
+                # set orderPrice to place limit order, otherwise it's a market order
+                params['orderPrice'] = limit_rate
 
             amount = self.amount_to_precision(pair, amount)
-            # set orderPrice to place limit order (?)
 
             order = self._api.create_order(symbol=pair, type=ordertype, side='sell',
                                            amount=amount, price=stop_price, params=params)
diff --git a/tests/exchange/test_ftx.py b/tests/exchange/test_ftx.py
index 2b75e5324..bead63096 100644
--- a/tests/exchange/test_ftx.py
+++ b/tests/exchange/test_ftx.py
@@ -34,6 +34,14 @@ def test_stoploss_order_ftx(default_conf, mocker):
     # stoploss_on_exchange_limit_ratio is irrelevant for ftx market orders
     order = exchange.stoploss(pair='ETH/BTC', amount=1, stop_price=190,
                               order_types={'stoploss_on_exchange_limit_ratio': 1.05})
+
+    assert api_mock.create_order.call_args_list[0][1]['symbol'] == 'ETH/BTC'
+    assert api_mock.create_order.call_args_list[0][1]['type'] == STOPLOSS_ORDERTYPE
+    assert api_mock.create_order.call_args_list[0][1]['side'] == 'sell'
+    assert api_mock.create_order.call_args_list[0][1]['amount'] == 1
+    assert api_mock.create_order.call_args_list[0][1]['price'] == 190
+    assert 'orderPrice' not in api_mock.create_order.call_args_list[0][1]['params']
+
     assert api_mock.create_order.call_count == 1
 
     api_mock.create_order.reset_mock()
@@ -48,6 +56,22 @@ def test_stoploss_order_ftx(default_conf, mocker):
     assert api_mock.create_order.call_args_list[0][1]['side'] == 'sell'
     assert api_mock.create_order.call_args_list[0][1]['amount'] == 1
     assert api_mock.create_order.call_args_list[0][1]['price'] == 220
+    assert 'orderPrice' not in api_mock.create_order.call_args_list[0][1]['params']
+
+    api_mock.create_order.reset_mock()
+    order = exchange.stoploss(pair='ETH/BTC', amount=1, stop_price=220,
+                              order_types={'stoploss': 'limit'})
+
+    assert 'id' in order
+    assert 'info' in order
+    assert order['id'] == order_id
+    assert api_mock.create_order.call_args_list[0][1]['symbol'] == 'ETH/BTC'
+    assert api_mock.create_order.call_args_list[0][1]['type'] == STOPLOSS_ORDERTYPE
+    assert api_mock.create_order.call_args_list[0][1]['side'] == 'sell'
+    assert api_mock.create_order.call_args_list[0][1]['amount'] == 1
+    assert api_mock.create_order.call_args_list[0][1]['price'] == 220
+    assert 'orderPrice' in api_mock.create_order.call_args_list[0][1]['params']
+    assert api_mock.create_order.call_args_list[0][1]['params']['orderPrice'] == 217.8
 
     # test exception handling
     with pytest.raises(DependencyException):