diff --git a/freqtrade/data/history/history_utils.py b/freqtrade/data/history/history_utils.py
index 5bb89069b..5175195c5 100644
--- a/freqtrade/data/history/history_utils.py
+++ b/freqtrade/data/history/history_utils.py
@@ -357,9 +357,6 @@ def _download_trades_history(exchange: Exchange,
                         f"available data. Redownloading trades for {pair}...")
             trades = trades_list_to_df([])
 
-        if not since:
-            since = dt_ts(dt_now() - timedelta(days=new_pairs_days))
-
         from_id = trades.iloc[-1]['id'] if not trades.empty else None
         if not trades.empty and since < trades.iloc[-1]['timestamp']:
             # Reset since to the last available point
@@ -368,6 +365,9 @@ def _download_trades_history(exchange: Exchange,
             logger.info(f"Using last trade date -5s - Downloading trades for {pair} "
                         f"since: {format_ms_time(since)}.")
 
+        if not since:
+            since = dt_ts(dt_now() - timedelta(days=new_pairs_days))
+
         logger.debug("Current Start: %s", 'None' if trades.empty else
                      f"{trades.iloc[0]['date']:{DATETIME_PRINT_FORMAT}}")
         logger.debug("Current End: %s", 'None' if trades.empty else