diff --git a/freqtrade/freqtradebot.py b/freqtrade/freqtradebot.py
index d85a533b7..a73a2e98f 100644
--- a/freqtrade/freqtradebot.py
+++ b/freqtrade/freqtradebot.py
@@ -798,6 +798,12 @@ class FreqtradeBot(object):
         if sell_reason in (SellType.STOP_LOSS, SellType.TRAILING_STOP_LOSS):
             sell_type = 'stoploss'
 
+        # if stoploss is on exchange and we are on dry_run mode,
+        # we consider the sell price stop price
+        if self.config.get('dry_run', False) and sell_type == 'stoploss' \
+           and self.strategy.order_types['stoploss_on_exchange']:
+                limit = trade.stop_loss
+
         # First cancelling stoploss on exchange ...
         if self.strategy.order_types.get('stoploss_on_exchange') and trade.stoploss_order_id:
             self.exchange.cancel_order(trade.stoploss_order_id, trade.pair)
diff --git a/freqtrade/tests/test_freqtradebot.py b/freqtrade/tests/test_freqtradebot.py
index a3638d08a..a9b3ffc5d 100644
--- a/freqtrade/tests/test_freqtradebot.py
+++ b/freqtrade/tests/test_freqtradebot.py
@@ -1562,6 +1562,60 @@ def test_execute_sell_down(default_conf, ticker, fee, ticker_sell_down, markets,
     } == last_msg
 
 
+def test_execute_sell_down_stoploss_on_exchange_dry_run(default_conf, ticker, fee,
+                                                        ticker_sell_down,
+                                                        markets, mocker) -> None:
+    rpc_mock = patch_RPCManager(mocker)
+    mocker.patch.multiple(
+        'freqtrade.exchange.Exchange',
+        _load_markets=MagicMock(return_value={}),
+        get_ticker=ticker,
+        get_fee=fee,
+        get_markets=markets
+    )
+    freqtrade = FreqtradeBot(default_conf)
+    patch_get_signal(freqtrade)
+
+    # Create some test data
+    freqtrade.create_trade()
+
+    trade = Trade.query.first()
+    assert trade
+
+    # Decrease the price and sell it
+    mocker.patch.multiple(
+        'freqtrade.exchange.Exchange',
+        get_ticker=ticker_sell_down
+    )
+
+    default_conf['dry_run'] = True
+    freqtrade.strategy.order_types['stoploss_on_exchange'] = True
+    # Setting trade stoploss to 0.01
+
+    trade.stop_loss = 0.00001099 * 0.99
+    freqtrade.execute_sell(trade=trade, limit=ticker_sell_down()['bid'],
+                           sell_reason=SellType.STOP_LOSS)
+
+    assert rpc_mock.call_count == 2
+    last_msg = rpc_mock.call_args_list[-1][0][0]
+
+    assert {
+        'type': RPCMessageType.SELL_NOTIFICATION,
+        'exchange': 'Bittrex',
+        'pair': 'ETH/BTC',
+        'gain': 'loss',
+        'market_url': 'https://bittrex.com/Market/Index?MarketName=BTC-ETH',
+        'limit': 1.08801e-05,
+        'amount': 90.99181073703367,
+        'open_rate': 1.099e-05,
+        'current_rate': 1.044e-05,
+        'profit_amount': -1.498e-05,
+        'profit_percent': -0.01493766,
+        'stake_currency': 'BTC',
+        'fiat_currency': 'USD',
+    } == last_msg
+
+
 def test_execute_sell_with_stoploss_on_exchange(default_conf,
                                                 ticker, fee, ticker_sell_up,
                                                 markets, mocker) -> None: