diff --git a/freqtrade/persistence/migrations.py b/freqtrade/persistence/migrations.py
index bb6c04922..4c748b15d 100644
--- a/freqtrade/persistence/migrations.py
+++ b/freqtrade/persistence/migrations.py
@@ -223,6 +223,7 @@ def migrate_orders_table(engine, table_back_name: str, cols_order: List):
     ft_amount = get_column_def(cols_order, 'ft_amount', 'coalesce(amount, 0.0)')
     ft_price = get_column_def(cols_order, 'ft_price', 'coalesce(price, 0.0)')
     ft_cancel_reason = get_column_def(cols_order, 'ft_cancel_reason', 'null')
+    ft_order_tag = get_column_def(cols_order, 'ft_order_tag', 'null')
 
     # sqlite does not support literals for booleans
     with engine.begin() as connection:
@@ -230,13 +231,14 @@ def migrate_orders_table(engine, table_back_name: str, cols_order: List):
             insert into orders (id, ft_trade_id, ft_order_side, ft_pair, ft_is_open, order_id,
             status, symbol, order_type, side, price, amount, filled, average, remaining, cost,
             stop_price, order_date, order_filled_date, order_update_date, ft_fee_base, funding_fee,
-            ft_amount, ft_price, ft_cancel_reason
+            ft_amount, ft_price, ft_cancel_reason, ft_order_tag
             )
             select id, ft_trade_id, ft_order_side, ft_pair, ft_is_open, order_id,
             status, symbol, order_type, side, price, amount, filled, {average} average, remaining,
             cost, {stop_price} stop_price, order_date, order_filled_date,
             order_update_date, {ft_fee_base} ft_fee_base, {funding_fee} funding_fee,
-            {ft_amount} ft_amount, {ft_price} ft_price, {ft_cancel_reason} ft_cancel_reason
+            {ft_amount} ft_amount, {ft_price} ft_price, {ft_cancel_reason} ft_cancel_reason,
+            {ft_order_tag} ft_order_tag
             from {table_back_name}
             """))
 
diff --git a/freqtrade/persistence/trade_model.py b/freqtrade/persistence/trade_model.py
index 856a33abf..005017dbb 100644
--- a/freqtrade/persistence/trade_model.py
+++ b/freqtrade/persistence/trade_model.py
@@ -89,6 +89,8 @@ class Order(ModelBase):
     funding_fee: Mapped[Optional[float]] = mapped_column(Float(), nullable=True)
 
     ft_fee_base: Mapped[Optional[float]] = mapped_column(Float(), nullable=True)
+    ft_order_tag: Mapped[Optional[str]] = mapped_column(String(CUSTOM_TAG_MAX_LENGTH),
+                                                        nullable=True)
 
     @property
     def order_date_utc(self) -> datetime: