diff --git a/freqtrade/exchange/exchange.py b/freqtrade/exchange/exchange.py
index 6f8eab820..cc1cd3322 100644
--- a/freqtrade/exchange/exchange.py
+++ b/freqtrade/exchange/exchange.py
@@ -1405,8 +1405,9 @@ class Exchange:
         amount: float,
         rate: float,
         leverage: float,
-        reduceOnly: bool = False,
         time_in_force: str = "GTC",
+        reduceOnly: bool = False,
+        initial_order: bool = True,
     ) -> CcxtOrder:
         if self._config["dry_run"]:
             dry_order = self.create_dry_run_order(
@@ -1423,7 +1424,7 @@ class Exchange:
             rate_for_order = self.price_to_precision(pair, rate) if needs_price else None
 
             if not reduceOnly:
-                self._lev_prep(pair, leverage, side)
+                self._lev_prep(pair, leverage, side, accept_fail=not initial_order)
 
             order = self._api.create_order(
                 pair,
diff --git a/freqtrade/freqtradebot.py b/freqtrade/freqtradebot.py
index 4c5207e93..b80442ca0 100644
--- a/freqtrade/freqtradebot.py
+++ b/freqtrade/freqtradebot.py
@@ -937,6 +937,7 @@ class FreqtradeBot(LoggingMixin):
             reduceOnly=False,
             time_in_force=time_in_force,
             leverage=leverage,
+            initial_order=trade is None,
         )
         order_obj = Order.parse_from_ccxt_object(order, pair, side, amount, enter_limit_requested)
         order_obj.ft_order_tag = enter_tag
@@ -2145,6 +2146,7 @@ class FreqtradeBot(LoggingMixin):
                 leverage=trade.leverage,
                 reduceOnly=self.trading_mode == TradingMode.FUTURES,
                 time_in_force=time_in_force,
+                initial_order=False,
             )
         except InsufficientFundsError as e:
             logger.warning(f"Unable to place order {e}.")