diff --git a/freqtrade/leverage/liquidation_price.py b/freqtrade/leverage/liquidation_price.py
index 98ceb1704..62199a657 100644
--- a/freqtrade/leverage/liquidation_price.py
+++ b/freqtrade/leverage/liquidation_price.py
@@ -13,12 +13,7 @@ def liquidation_price(
     collateral: Optional[Collateral]
 ) -> Optional[float]:
 
-    leverage_exchanges = [
-        'binance',
-        'kraken',
-        'ftx'
-    ]
-    if trading_mode == TradingMode.SPOT or exchange_name.lower() not in leverage_exchanges:
+    if trading_mode == TradingMode.SPOT:
         return None
 
     if not collateral:
@@ -34,7 +29,7 @@ def liquidation_price(
     elif exchange_name.lower() == "ftx":
         return ftx(open_rate, is_short, leverage, trading_mode, collateral)
     raise OperationalException(
-        f"liquidation_price is not yet implemented for {exchange_name}"
+        f"liquidation_price is not implemented for {exchange_name}"
     )
 
 
diff --git a/tests/leverage/test_leverage.py b/tests/leverage/test_leverage.py
deleted file mode 100644
index 3a9fe9486..000000000
--- a/tests/leverage/test_leverage.py
+++ /dev/null
@@ -1,89 +0,0 @@
-# from decimal import Decimal
-
-from freqtrade.enums import Collateral, TradingMode
-from freqtrade.leverage import liquidation_price
-
-
-# from freqtrade.exceptions import OperationalException
-binance = "binance"
-kraken = "kraken"
-ftx = "ftx"
-other = "bittrex"
-
-
-def test_liquidation_price():
-
-    spot = TradingMode.SPOT
-    margin = TradingMode.MARGIN
-    futures = TradingMode.FUTURES
-
-    cross = Collateral.CROSS
-    isolated = Collateral.ISOLATED
-
-    # NONE
-    assert liquidation_price(exchange_name=other, trading_mode=spot) is None
-    assert liquidation_price(exchange_name=other, trading_mode=margin,
-                             collateral=cross) is None
-    assert liquidation_price(exchange_name=other, trading_mode=margin,
-                             collateral=isolated) is None
-    assert liquidation_price(
-        exchange_name=other, trading_mode=futures, collateral=cross) is None
-    assert liquidation_price(exchange_name=other, trading_mode=futures,
-                             collateral=isolated) is None
-
-    # Binance
-    assert liquidation_price(exchange_name=binance, trading_mode=spot) is None
-    assert liquidation_price(exchange_name=binance, trading_mode=spot,
-                             collateral=cross) is None
-    assert liquidation_price(exchange_name=binance, trading_mode=spot,
-                             collateral=isolated) is None
-    # TODO-lev: Uncomment these assertions and make them real calculation tests
-    # TODO-lev: Replace 1.0 with real value
-    # assert liquidation_price(
-    #   exchange_name=binance,
-    #   trading_mode=margin,
-    #   collateral=cross
-    # ) == 1.0
-    # assert liquidation_price(
-    #   exchange_name=binance,
-    #   trading_mode=margin,
-    #   collateral=isolated
-    # ) == 1.0
-    # assert liquidation_price(
-    #   exchange_name=binance,
-    #   trading_mode=futures,
-    #   collateral=cross
-    # ) == 1.0
-
-    # Binance supports isolated margin, but freqtrade likely won't for a while on Binance
-    # liquidation_price(exchange_name=binance, trading_mode=margin, collateral=isolated)
-    # assert exception thrown #TODO-lev: Check that exception is thrown
-
-    # Kraken
-    assert liquidation_price(exchange_name=kraken, trading_mode=spot) is None
-    assert liquidation_price(exchange_name=kraken, trading_mode=spot, collateral=cross) is None
-    assert liquidation_price(exchange_name=kraken, trading_mode=spot,
-                             collateral=isolated) is None
-    # TODO-lev: Uncomment these assertions and make them real calculation tests
-    # assert liquidation_price(kraken, trading_mode=margin, collateral=cross) == 1.0
-    # assert liquidation_price(kraken, trading_mode=margin, collateral=isolated) == 1.0
-
-    # liquidation_price(kraken, trading_mode=futures, collateral=cross)
-    # assert exception thrown #TODO-lev: Check that exception is thrown
-
-    # liquidation_price(kraken, trading_mode=futures, collateral=isolated)
-    # assert exception thrown #TODO-lev: Check that exception is thrown
-
-    # FTX
-    assert liquidation_price(ftx, trading_mode=spot) is None
-    assert liquidation_price(ftx, trading_mode=spot, collateral=cross) is None
-    assert liquidation_price(ftx, trading_mode=spot, collateral=isolated) is None
-    # TODO-lev: Uncomment these assertions and make them real calculation tests
-    # assert liquidation_price(ftx, trading_mode=margin, collateral=cross) == 1.0
-    # assert liquidation_price(ftx, trading_mode=margin, collateral=isolated) == 1.0
-
-    # liquidation_price(ftx, trading_mode=futures, collateral=cross)
-    # assert exception thrown #TODO-lev: Check that exception is thrown
-
-    # liquidation_price(ftx, trading_mode=futures, collateral=isolated)
-    # assert exception thrown #TODO-lev: Check that exception is thrown
diff --git a/tests/leverage/test_liquidation_price.py b/tests/leverage/test_liquidation_price.py
new file mode 100644
index 000000000..687dd57f4
--- /dev/null
+++ b/tests/leverage/test_liquidation_price.py
@@ -0,0 +1,113 @@
+import pytest
+
+from freqtrade.enums import Collateral, TradingMode
+from freqtrade.leverage import liquidation_price
+
+
+# from freqtrade.exceptions import OperationalException
+
+spot = TradingMode.SPOT
+margin = TradingMode.MARGIN
+futures = TradingMode.FUTURES
+
+cross = Collateral.CROSS
+isolated = Collateral.ISOLATED
+
+
+@pytest.mark.parametrize('exchange_name,open_rate,is_short,leverage,trading_mode,collateral', [
+    # Bittrex
+    ('bittrex', "2.0", False, "3.0", spot, None),
+    ('bittrex', "2.0", False, "1.0", spot, cross),
+    ('bittrex', "2.0", True, "3.0", spot, isolated),
+    # Binance
+    ('binance', "2.0", False, "3.0", spot, None),
+    ('binance', "2.0", False, "1.0", spot, cross),
+    ('binance', "2.0", True, "3.0", spot, isolated),
+    # Kraken
+    ('kraken', "2.0", False, "3.0", spot, None),
+    ('kraken', "2.0", True, "3.0", spot, cross),
+    ('kraken', "2.0", False, "1.0", spot, isolated),
+    # FTX
+    ('ftx', "2.0", True, "3.0", spot, None),
+    ('ftx', "2.0", False, "3.0", spot, cross),
+    ('ftx', "2.0", False, "3.0", spot, isolated),
+])
+def test_liquidation_price_is_none(
+    exchange_name,
+    open_rate,
+    is_short,
+    leverage,
+    trading_mode,
+    collateral
+):
+    assert liquidation_price(
+        exchange_name,
+        open_rate,
+        is_short,
+        leverage,
+        trading_mode,
+        collateral
+    ) is None
+
+
+@pytest.mark.parametrize('exchange_name,open_rate,is_short,leverage,trading_mode,collateral', [
+    # Bittrex
+    ('bittrex', "2.0", False, "3.0", margin, cross),
+    ('bittrex', "2.0", False, "3.0", margin, isolated),
+    ('bittrex', "2.0", False, "3.0", futures, cross),
+    ('bittrex', "2.0", False, "3.0", futures, isolated),
+    # Binance
+    # Binance supports isolated margin, but freqtrade likely won't for a while on Binance
+    ('binance', "2.0", True, "3.0", margin, isolated),
+    # Kraken
+    ('kraken', "2.0", False, "1.0", margin, isolated),
+    ('kraken', "2.0", False, "1.0", futures, isolated),
+    # FTX
+    ('ftx', "2.0", False, "3.0", margin, isolated),
+    ('ftx', "2.0", False, "3.0", futures, isolated),
+])
+def test_liquidation_price_exception_thrown(
+    exchange_name,
+    open_rate,
+    is_short,
+    leverage,
+    trading_mode,
+    collateral,
+    result
+):
+    # TODO-lev assert exception is thrown
+    return  # Here to avoid indent error, remove when implemented
+
+
+@pytest.mark.parametrize(
+    'exchange_name,open_rate,is_short,leverage,trading_mode,collateral,result', [
+        # Binance
+        ('binance', "2.0", False, "1.0", margin, cross, 1.0),
+        ('binance', "2.0", False, "1.0", futures, cross, 1.0),
+        ('binance', "2.0", False, "1.0", futures, isolated, 1.0),
+        # Kraken
+        ('kraken', "2.0", True, "3.0", margin, cross, 1.0),
+        ('kraken', "2.0", True, "3.0", futures, cross, 1.0),
+        # FTX
+        ('ftx', "2.0", False, "3.0", margin, cross, 1.0),
+        ('ftx', "2.0", False, "3.0", futures, cross, 1.0),
+    ]
+)
+def test_liquidation_price(
+    exchange_name,
+    open_rate,
+    is_short,
+    leverage,
+    trading_mode,
+    collateral,
+    result
+):
+    # assert liquidation_price(
+    #     exchange_name,
+    #     open_rate,
+    #     is_short,
+    #     leverage,
+    #     trading_mode,
+    #     collateral
+    # ) == result
+    return  # Here to avoid indent error