diff --git a/freqtrade/commands/list_commands.py b/freqtrade/commands/list_commands.py
index 2970c1fc3..dcb102ce5 100644
--- a/freqtrade/commands/list_commands.py
+++ b/freqtrade/commands/list_commands.py
@@ -1,7 +1,7 @@
 import csv
 import logging
 import sys
-from typing import Any, Dict, List
+from typing import Any, Dict, List, Union
 
 import rapidjson
 from colorama import Fore, Style
@@ -14,6 +14,7 @@ from freqtrade.exceptions import OperationalException
 from freqtrade.exchange import list_available_exchanges, market_is_active
 from freqtrade.misc import parse_db_uri_for_logging, plural
 from freqtrade.resolvers import ExchangeResolver, StrategyResolver
+from freqtrade.types import ValidExchangesType
 
 
 logger = logging.getLogger(__name__)
@@ -38,13 +39,16 @@ def start_list_exchanges(args: Dict[str, Any]) -> None:
             'comment': 'Reason',
             }
 
-        def build_entry(exchange, valid):
+        def build_entry(exchange: ValidExchangesType, valid: bool):
             valid_entry = {'valid': exchange['valid']} if valid else {}
-            result = {
+            result: Dict[str, Union[str, bool]] = {
                 'name': exchange['name'],
                 **valid_entry,
                 'supported': 'Official' if exchange['supported'] else '',
-                'trade_modes': ', '.join(exchange['trade_modes']),
+                'trade_modes': ', '.join(
+                    (f"{a['margin_mode']} " if a['margin_mode'] else '') + a['trading_mode']
+                    for a in exchange['trade_modes']
+                ),
                 'comment': exchange['comment'],
             }
 
diff --git a/freqtrade/exchange/exchange_utils.py b/freqtrade/exchange/exchange_utils.py
index 1f1e926ee..fe7264dd9 100644
--- a/freqtrade/exchange/exchange_utils.py
+++ b/freqtrade/exchange/exchange_utils.py
@@ -65,11 +65,11 @@ def _build_exchange_list_entry(
         'valid': valid,
         'supported': exchange_name.lower() in SUPPORTED_EXCHANGES,
         'comment': comment,
-        'trade_modes': ['spot'],
+        'trade_modes': [{'trading_mode': 'spot', 'margin_mode': ''}],
     }
     if resolved := exchangeClasses.get(exchange_name.lower()):
-        supported_modes = ['spot'] + [
-            f"{mm.value} {tm.value}"
+        supported_modes = [{'trading_mode': 'spot', 'margin_mode': ''}] + [
+            {'trading_mode': tm.value, 'margin_mode': mm.value}
             for tm, mm in resolved['class']._supported_trading_mode_margin_pairs
         ]
         result.update({
diff --git a/freqtrade/exchange/types.py b/freqtrade/exchange/types.py
index 1247e5754..5568e4336 100644
--- a/freqtrade/exchange/types.py
+++ b/freqtrade/exchange/types.py
@@ -26,6 +26,5 @@ class OrderBook(TypedDict):
 
 Tickers = Dict[str, Ticker]
 
-
 # pair, timeframe, candleType, OHLCV, drop last?,
 OHLCVResponse = Tuple[str, str, CandleType, List, bool]
diff --git a/freqtrade/types/valid_exchanges_type.py b/freqtrade/types/valid_exchanges_type.py
index f40c3fb30..0f02b1f5d 100644
--- a/freqtrade/types/valid_exchanges_type.py
+++ b/freqtrade/types/valid_exchanges_type.py
@@ -2,9 +2,14 @@
 from typing import List, TypedDict
 
 
+class TradeModeType(TypedDict):
+    trading_mode: str
+    margin_mode: str
+
+
 class ValidExchangesType(TypedDict):
     name: str
     valid: bool
     supported: bool
     comment: str
-    trade_modes: List[str]
+    trade_modes: List[TradeModeType]
diff --git a/tests/rpc/test_rpc_apiserver.py b/tests/rpc/test_rpc_apiserver.py
index 8377de547..ac7904515 100644
--- a/tests/rpc/test_rpc_apiserver.py
+++ b/tests/rpc/test_rpc_apiserver.py
@@ -1593,8 +1593,14 @@ def test_api_exchanges(botclient):
         "supported": True,
         "comment": "",
         "trade_modes": [
-            "spot",
-            "isolated futures",
+            {
+                "trading_mode": "spot",
+                "margin_mode": ""
+            },
+            {
+                "trading_mode": "futures",
+                "margin_mode": "isolated"
+            }
         ]
     }
 
@@ -1605,8 +1611,11 @@ def test_api_exchanges(botclient):
         "supported": False,
         "comment": "",
         "trade_modes": [
-            "spot",
-        ]
+                {
+                    "trading_mode": "spot",
+                    "margin_mode": ""
+                }
+            ]
     }