diff --git a/freqtrade/exchange/exchange.py b/freqtrade/exchange/exchange.py
index b3b347016..e45238b07 100644
--- a/freqtrade/exchange/exchange.py
+++ b/freqtrade/exchange/exchange.py
@@ -66,8 +66,6 @@ class Exchange:
 
         self._config.update(config)
 
-        self._cached_ticker: Dict[str, Any] = {}
-
         # Holds last candle refreshed time of each pair
         self._pairs_last_refresh_time: Dict[Tuple[str, str], int] = {}
         # Timestamp of last markets refresh
@@ -591,28 +589,17 @@ class Exchange:
             raise OperationalException(e) from e
 
     @retrier
-    def fetch_ticker(self, pair: str, refresh: Optional[bool] = True) -> dict:
-        if refresh or pair not in self._cached_ticker.keys():
-            try:
-                if pair not in self._api.markets or not self._api.markets[pair].get('active'):
-                    raise DependencyException(f"Pair {pair} not available")
-                data = self._api.fetch_ticker(pair)
-                try:
-                    self._cached_ticker[pair] = {
-                        'bid': float(data['bid']),
-                        'ask': float(data['ask']),
-                    }
-                except KeyError:
-                    logger.debug("Could not cache ticker data for %s", pair)
-                return data
-            except (ccxt.NetworkError, ccxt.ExchangeError) as e:
-                raise TemporaryError(
-                    f'Could not load ticker due to {e.__class__.__name__}. Message: {e}') from e
-            except ccxt.BaseError as e:
-                raise OperationalException(e) from e
-        else:
-            logger.info("returning cached ticker-data for %s", pair)
-            return self._cached_ticker[pair]
+    def fetch_ticker(self, pair: str) -> dict:
+        try:
+            if pair not in self._api.markets or not self._api.markets[pair].get('active'):
+                raise DependencyException(f"Pair {pair} not available")
+            data = self._api.fetch_ticker(pair)
+            return data
+        except (ccxt.NetworkError, ccxt.ExchangeError) as e:
+            raise TemporaryError(
+                f'Could not load ticker due to {e.__class__.__name__}. Message: {e}') from e
+        except ccxt.BaseError as e:
+            raise OperationalException(e) from e
 
     def get_historic_ohlcv(self, pair: str, timeframe: str,
                            since_ms: int) -> List:
diff --git a/freqtrade/freqtradebot.py b/freqtrade/freqtradebot.py
index 127586437..032e3e8f7 100644
--- a/freqtrade/freqtradebot.py
+++ b/freqtrade/freqtradebot.py
@@ -253,7 +253,7 @@ class FreqtradeBot:
         else:
             if not tick:
                 logger.info('Using Last Ask / Last Price')
-                ticker = self.exchange.fetch_ticker(pair, refresh)
+                ticker = self.exchange.fetch_ticker(pair)
             else:
                 ticker = tick
             if ticker['ask'] < ticker['last']:
@@ -631,7 +631,7 @@ class FreqtradeBot:
             rate = order_book['bids'][0][0]
 
         else:
-            rate = self.exchange.fetch_ticker(pair, refresh)['bid']
+            rate = self.exchange.fetch_ticker(pair)['bid']
         return rate
 
     def handle_trade(self, trade: Trade) -> bool:
diff --git a/tests/exchange/test_exchange.py b/tests/exchange/test_exchange.py
index 8b2e439c3..3830d0acb 100644
--- a/tests/exchange/test_exchange.py
+++ b/tests/exchange/test_exchange.py
@@ -1121,25 +1121,16 @@ def test_fetch_ticker(default_conf, mocker, exchange_name):
     assert ticker['bid'] == 0.5
     assert ticker['ask'] == 1
 
-    assert 'ETH/BTC' in exchange._cached_ticker
-    assert exchange._cached_ticker['ETH/BTC']['bid'] == 0.5
-    assert exchange._cached_ticker['ETH/BTC']['ask'] == 1
-
-    # Test caching
-    api_mock.fetch_ticker = MagicMock()
-    exchange.fetch_ticker(pair='ETH/BTC', refresh=False)
-    assert api_mock.fetch_ticker.call_count == 0
-
     ccxt_exceptionhandlers(mocker, default_conf, api_mock, exchange_name,
                            "fetch_ticker", "fetch_ticker",
-                           pair='ETH/BTC', refresh=True)
+                           pair='ETH/BTC')
 
     api_mock.fetch_ticker = MagicMock(return_value={})
     exchange = get_patched_exchange(mocker, default_conf, api_mock, id=exchange_name)
-    exchange.fetch_ticker(pair='ETH/BTC', refresh=True)
+    exchange.fetch_ticker(pair='ETH/BTC')
 
     with pytest.raises(DependencyException, match=r'Pair XRP/ETH not available'):
-        exchange.fetch_ticker(pair='XRP/ETH', refresh=True)
+        exchange.fetch_ticker(pair='XRP/ETH')
 
 
 @pytest.mark.parametrize("exchange_name", EXCHANGES)
diff --git a/tests/rpc/test_rpc.py b/tests/rpc/test_rpc.py
index a35bfa0d6..2d1fa5b2d 100644
--- a/tests/rpc/test_rpc.py
+++ b/tests/rpc/test_rpc.py
@@ -67,8 +67,6 @@ def test_rpc_trade_status(default_conf, ticker, fee, mocker) -> None:
 
     mocker.patch('freqtrade.exchange.Exchange.fetch_ticker',
                  MagicMock(side_effect=DependencyException(f"Pair 'ETH/BTC' not available")))
-    # invalidate ticker cache
-    rpc._freqtrade.exchange._cached_ticker = {}
     results = rpc._rpc_trade_status()
     assert isnan(results[0]['current_profit'])
     assert isnan(results[0]['current_rate'])
@@ -136,8 +134,6 @@ def test_rpc_status_table(default_conf, ticker, fee, mocker) -> None:
 
     mocker.patch('freqtrade.exchange.Exchange.fetch_ticker',
                  MagicMock(side_effect=DependencyException(f"Pair 'ETH/BTC' not available")))
-    # invalidate ticker cache
-    rpc._freqtrade.exchange._cached_ticker = {}
     result, headers = rpc._rpc_status_table(default_conf['stake_currency'], 'USD')
     assert 'instantly' == result[0][2]
     assert 'ETH/BTC' in result[0][1]
@@ -262,8 +258,6 @@ def test_rpc_trade_statistics(default_conf, ticker, ticker_sell_up, fee,
     # Test non-available pair
     mocker.patch('freqtrade.exchange.Exchange.fetch_ticker',
                  MagicMock(side_effect=DependencyException(f"Pair 'ETH/BTC' not available")))
-    # invalidate ticker cache
-    rpc._freqtrade.exchange._cached_ticker = {}
     stats = rpc._rpc_trade_statistics(stake_currency, fiat_display_currency)
     assert stats['trade_count'] == 2
     assert stats['first_trade_date'] == 'just now'