diff --git a/freqtrade/commands/list_commands.py b/freqtrade/commands/list_commands.py
index cd26aa60e..410b9b72b 100644
--- a/freqtrade/commands/list_commands.py
+++ b/freqtrade/commands/list_commands.py
@@ -14,7 +14,7 @@ from freqtrade.constants import USERPATH_HYPEROPTS, USERPATH_STRATEGIES
 from freqtrade.enums import RunMode
 from freqtrade.exceptions import OperationalException
 from freqtrade.exchange import market_is_active, validate_exchanges
-from freqtrade.misc import plural
+from freqtrade.misc import parse_db_uri_for_logging, plural
 from freqtrade.resolvers import ExchangeResolver, StrategyResolver
 
 
@@ -225,7 +225,7 @@ def start_show_trades(args: Dict[str, Any]) -> None:
     if 'db_url' not in config:
         raise OperationalException("--db-url is required for this command.")
 
-    logger.info(f'Using DB: "{config["db_url"]}"')
+    logger.info(f'Using DB: "{parse_db_uri_for_logging(config["db_url"])}"')
     init_db(config['db_url'], clean_open_orders=False)
     tfilter = []
 
diff --git a/freqtrade/configuration/configuration.py b/freqtrade/configuration/configuration.py
index 1d2e3f802..ea202355a 100644
--- a/freqtrade/configuration/configuration.py
+++ b/freqtrade/configuration/configuration.py
@@ -15,7 +15,7 @@ from freqtrade.configuration.load_config import load_config_file, load_file
 from freqtrade.enums import NON_UTIL_MODES, TRADING_MODES, RunMode
 from freqtrade.exceptions import OperationalException
 from freqtrade.loggers import setup_logging
-from freqtrade.misc import deep_merge_dicts
+from freqtrade.misc import deep_merge_dicts, parse_db_uri_for_logging
 
 
 logger = logging.getLogger(__name__)
@@ -144,7 +144,7 @@ class Configuration:
                 config['db_url'] = constants.DEFAULT_DB_PROD_URL
             logger.info('Dry run is disabled')
 
-        logger.info(f'Using DB: "{config["db_url"]}"')
+        logger.info(f'Using DB: "{parse_db_uri_for_logging(config["db_url"])}"')
 
     def _process_common_options(self, config: Dict[str, Any]) -> None:
 
diff --git a/freqtrade/misc.py b/freqtrade/misc.py
index 967f08299..6f439866b 100644
--- a/freqtrade/misc.py
+++ b/freqtrade/misc.py
@@ -8,6 +8,7 @@ from datetime import datetime
 from pathlib import Path
 from typing import Any, Iterator, List
 from typing.io import IO
+from urllib.parse import urlparse
 
 import rapidjson
 
@@ -214,3 +215,16 @@ def chunks(lst: List[Any], n: int) -> Iterator[List[Any]]:
     """
     for chunk in range(0, len(lst), n):
         yield (lst[chunk:chunk + n])
+
+
+def parse_db_uri_for_logging(uri: str):
+    """
+    Helper method to parse the DB URI and return the same DB URI with the password censored
+    if it contains it. Otherwise, return the DB URI unchanged
+    :param uri: DB URI to parse for logging
+    """
+    parsed_db_uri = urlparse(uri)
+    if not parsed_db_uri.netloc:  # No need for censoring as no password was provided
+        return uri
+    pwd = parsed_db_uri.netloc.split(':')[1].split('@')[0]
+    return parsed_db_uri.geturl().replace(f':{pwd}@', ':*****@')
diff --git a/tests/test_misc.py b/tests/test_misc.py
index e6ba70aee..221c7b712 100644
--- a/tests/test_misc.py
+++ b/tests/test_misc.py
@@ -7,7 +7,7 @@ from unittest.mock import MagicMock
 import pytest
 
 from freqtrade.misc import (decimals_per_coin, file_dump_json, file_load_json, format_ms_time,
-                            pair_to_filename, plural, render_template,
+                            pair_to_filename, parse_db_uri_for_logging, plural, render_template,
                             render_template_with_fallback, round_coin_value, safe_value_fallback,
                             safe_value_fallback2, shorten_date)
 
@@ -179,3 +179,18 @@ def test_render_template_fallback(mocker):
     )
     assert isinstance(val, str)
     assert 'if self.dp' in val
+
+
+def test_parse_db_uri_for_logging() -> None:
+    postgresql_conn_uri = "postgresql+psycopg2://scott123:scott123@host/dbname"
+    mariadb_conn_uri = "mariadb+mariadbconnector://app_user:Password123!@127.0.0.1:3306/company"
+    mysql_conn_uri = "mysql+pymysql://user:pass@some_mariadb/dbname?charset=utf8mb4"
+    sqlite_conn_uri = "sqlite:////freqtrade/user_data/tradesv3.sqlite"
+    censored_pwd = "*****"
+
+    def get_pwd(x): return x.split(':')[2].split('@')[0]
+
+    assert get_pwd(parse_db_uri_for_logging(postgresql_conn_uri)) == censored_pwd
+    assert get_pwd(parse_db_uri_for_logging(mariadb_conn_uri)) == censored_pwd
+    assert get_pwd(parse_db_uri_for_logging(mysql_conn_uri)) == censored_pwd
+    assert sqlite_conn_uri == parse_db_uri_for_logging(sqlite_conn_uri)