diff --git a/freqtrade/commands/list_commands.py b/freqtrade/commands/list_commands.py
index 97be7bac6..153b1054d 100644
--- a/freqtrade/commands/list_commands.py
+++ b/freqtrade/commands/list_commands.py
@@ -57,11 +57,12 @@ def start_list_exchanges(args: Dict[str, Any]) -> None:
 
         if args["list_exchanges_all"]:
             exchanges = [build_entry(e, True) for e in exchanges]
-            print(f"All exchanges supported by the ccxt library ({len(exchanges)} exchanges):")
+            title = f"All exchanges supported by the ccxt library ({len(exchanges)} exchanges):"
         else:
             exchanges = [build_entry(e, False) for e in exchanges if e["valid"] is not False]
-            print(f"Exchanges available for Freqtrade ({len(exchanges)} exchanges):")
+            title = f"Exchanges available for Freqtrade ({len(exchanges)} exchanges):"
 
+        print(title)
         print(
             tabulate(
                 exchanges,