diff --git a/freqtrade/arguments.py b/freqtrade/arguments.py
index 8e77cbc0a..cb6b30b05 100644
--- a/freqtrade/arguments.py
+++ b/freqtrade/arguments.py
@@ -31,7 +31,7 @@ class Arg:
 # List of available command line options
 AVAILABLE_CLI_OPTIONS = {
     # Common options
-    "loglevel": Arg(
+    "verbosity": Arg(
         '-v', '--verbose',
         help='Verbose mode (-vv for more, -vvv to get all messages).',
         action='count',
@@ -294,7 +294,7 @@ AVAILABLE_CLI_OPTIONS = {
 }
 
 
-ARGS_COMMON = ["loglevel", "logfile", "version", "config", "datadir"]
+ARGS_COMMON = ["verbosity", "logfile", "version", "config", "datadir"]
 
 ARGS_STRATEGY = ["strategy", "strategy_path"]
 
diff --git a/freqtrade/configuration.py b/freqtrade/configuration.py
index f8488c438..8ad0fffe9 100644
--- a/freqtrade/configuration.py
+++ b/freqtrade/configuration.py
@@ -123,11 +123,11 @@ class Configuration(object):
     def _load_logging_config(self, config: Dict[str, Any]) -> None:
         """
         Extract information for sys.argv and load logging configuration:
-        the --loglevel, --logfile options
+        the -v/--verbose, --logfile options
         """
         # Log level
-        if 'loglevel' in self.args and self.args.loglevel:
-            config.update({'verbosity': self.args.loglevel})
+        if 'verbosity' in self.args and self.args.verbosity:
+            config.update({'verbosity': self.args.verbosity})
         else:
             config.update({'verbosity': 0})
 
diff --git a/freqtrade/loggers.py b/freqtrade/loggers.py
index 56dcf2486..b94038a44 100644
--- a/freqtrade/loggers.py
+++ b/freqtrade/loggers.py
@@ -28,7 +28,7 @@ def _set_loggers(verbosity: int = 0) -> None:
 
 def setup_logging(config: Dict[str, Any]) -> None:
     """
-    Process --loglevel, --logfile options
+    Process -v/--verbose, --logfile options
     """
     # Log level
     verbosity = config['verbosity']
diff --git a/freqtrade/tests/conftest.py b/freqtrade/tests/conftest.py
index 19a7dc423..888135fa1 100644
--- a/freqtrade/tests/conftest.py
+++ b/freqtrade/tests/conftest.py
@@ -227,7 +227,7 @@ def default_conf():
         },
         "initial_state": "running",
         "db_url": "sqlite://",
-        "loglevel": 3,
+        "verbosity": 3,
     }
     return configuration
 
diff --git a/freqtrade/tests/test_arguments.py b/freqtrade/tests/test_arguments.py
index 8f0dec226..8186892aa 100644
--- a/freqtrade/tests/test_arguments.py
+++ b/freqtrade/tests/test_arguments.py
@@ -19,7 +19,7 @@ def test_parse_args_defaults() -> None:
     assert args.config == ['config.json']
     assert args.strategy_path is None
     assert args.datadir is None
-    assert args.loglevel == 0
+    assert args.verbosity == 0
 
 
 def test_parse_args_config() -> None:
@@ -42,10 +42,10 @@ def test_parse_args_db_url() -> None:
 
 def test_parse_args_verbose() -> None:
     args = Arguments(['-v'], '').get_parsed_arg()
-    assert args.loglevel == 1
+    assert args.verbosity == 1
 
     args = Arguments(['--verbose'], '').get_parsed_arg()
-    assert args.loglevel == 1
+    assert args.verbosity == 1
 
 
 def test_common_scripts_options() -> None:
@@ -146,7 +146,7 @@ def test_parse_args_backtesting_custom() -> None:
     call_args = Arguments(args, '').get_parsed_arg()
     assert call_args.config == ['test_conf.json']
     assert call_args.live is True
-    assert call_args.loglevel == 0
+    assert call_args.verbosity == 0
     assert call_args.subparser == 'backtesting'
     assert call_args.func is not None
     assert call_args.ticker_interval == '1m'
@@ -165,7 +165,7 @@ def test_parse_args_hyperopt_custom() -> None:
     call_args = Arguments(args, '').get_parsed_arg()
     assert call_args.config == ['test_conf.json']
     assert call_args.epochs == 20
-    assert call_args.loglevel == 0
+    assert call_args.verbosity == 0
     assert call_args.subparser == 'hyperopt'
     assert call_args.spaces == ['buy']
     assert call_args.func is not None
diff --git a/freqtrade/tests/test_main.py b/freqtrade/tests/test_main.py
index e6a2006f9..9c578099d 100644
--- a/freqtrade/tests/test_main.py
+++ b/freqtrade/tests/test_main.py
@@ -27,7 +27,7 @@ def test_parse_args_backtesting(mocker) -> None:
     call_args = backtesting_mock.call_args[0][0]
     assert call_args.config == ['config.json']
     assert call_args.live is False
-    assert call_args.loglevel == 0
+    assert call_args.verbosity == 0
     assert call_args.subparser == 'backtesting'
     assert call_args.func is not None
     assert call_args.ticker_interval is None
@@ -41,7 +41,7 @@ def test_main_start_hyperopt(mocker) -> None:
     assert hyperopt_mock.call_count == 1
     call_args = hyperopt_mock.call_args[0][0]
     assert call_args.config == ['config.json']
-    assert call_args.loglevel == 0
+    assert call_args.verbosity == 0
     assert call_args.subparser == 'hyperopt'
     assert call_args.func is not None