diff --git a/freqtrade/configuration/__init__.py b/freqtrade/configuration/__init__.py
index aa06a70c9..8fe65a9b0 100644
--- a/freqtrade/configuration/__init__.py
+++ b/freqtrade/configuration/__init__.py
@@ -1,5 +1,6 @@
 # flake8: noqa: F401
 
+from freqtrade.configuration.asyncio_config import asyncio_setup
 from freqtrade.configuration.config_secrets import sanitize_config
 from freqtrade.configuration.config_setup import setup_utils_configuration
 from freqtrade.configuration.config_validation import validate_config_consistency
diff --git a/freqtrade/configuration/asyncio_config.py b/freqtrade/configuration/asyncio_config.py
new file mode 100644
index 000000000..0fdfe51ad
--- /dev/null
+++ b/freqtrade/configuration/asyncio_config.py
@@ -0,0 +1,9 @@
+import asyncio
+import sys
+
+
+def asyncio_setup() -> None:
+    # Set eventloop for win32 setups
+
+    if sys.platform == "win32":
+        asyncio.set_event_loop_policy(asyncio.WindowsSelectorEventLoopPolicy)
diff --git a/freqtrade/main.py b/freqtrade/main.py
index 8161e20a6..67584c5b7 100755
--- a/freqtrade/main.py
+++ b/freqtrade/main.py
@@ -15,6 +15,7 @@ if sys.version_info < (3, 9):  # pragma: no cover
 
 from freqtrade import __version__
 from freqtrade.commands import Arguments
+from freqtrade.configuration import asyncio_setup
 from freqtrade.constants import DOCS_LINK
 from freqtrade.exceptions import ConfigurationError, FreqtradeException, OperationalException
 from freqtrade.loggers import setup_logging_pre
@@ -33,6 +34,7 @@ def main(sysargv: Optional[List[str]] = None) -> None:
     return_code: Any = 1
     try:
         setup_logging_pre()
+        asyncio_setup()
         arguments = Arguments(sysargv)
         args = arguments.get_parsed_arg()