diff --git a/.env b/.env
index e96c8b6b2..3b1b28877 100644
--- a/.env
+++ b/.env
@@ -3,6 +3,7 @@ COMPOSE_PROJECT_NAME=ghostfolio-development
 # CACHE
 REDIS_HOST=localhost
 REDIS_PORT=6379
+REDIS_PASSWORD=password
 
 # POSTGRES
 POSTGRES_DB=ghostfolio-db
diff --git a/apps/api/src/app/app.module.ts b/apps/api/src/app/app.module.ts
index f95c93fd2..f1fc27976 100644
--- a/apps/api/src/app/app.module.ts
+++ b/apps/api/src/app/app.module.ts
@@ -42,7 +42,8 @@ import { UserModule } from './user/user.module';
     BullModule.forRoot({
       redis: {
         host: process.env.REDIS_HOST,
-        port: parseInt(process.env.REDIS_PORT, 10)
+        port: parseInt(process.env.REDIS_PORT, 10),
+        password: process.env.REDIS_PASSWORD
       }
     }),
     CacheModule,
diff --git a/apps/api/src/app/redis-cache/redis-cache.module.ts b/apps/api/src/app/redis-cache/redis-cache.module.ts
index dcda94041..05fa7bf88 100644
--- a/apps/api/src/app/redis-cache/redis-cache.module.ts
+++ b/apps/api/src/app/redis-cache/redis-cache.module.ts
@@ -15,6 +15,7 @@ import { RedisCacheService } from './redis-cache.service';
         host: configurationService.get('REDIS_HOST'),
         max: configurationService.get('MAX_ITEM_IN_CACHE'),
         port: configurationService.get('REDIS_PORT'),
+        password: configurationService.get('REDIS_PASSWORD'),
         store: redisStore,
         ttl: configurationService.get('CACHE_TTL')
       })
diff --git a/apps/api/src/services/configuration.service.ts b/apps/api/src/services/configuration.service.ts
index e405884f5..5b471686f 100644
--- a/apps/api/src/services/configuration.service.ts
+++ b/apps/api/src/services/configuration.service.ts
@@ -37,6 +37,7 @@ export class ConfigurationService {
       RAKUTEN_RAPID_API_KEY: str({ default: '' }),
       REDIS_HOST: str({ default: 'localhost' }),
       REDIS_PORT: port({ default: 6379 }),
+      REDIS_PASSWORD: str({ default: '' }),
       ROOT_URL: str({ default: 'http://localhost:4200' }),
       STRIPE_PUBLIC_KEY: str({ default: '' }),
       STRIPE_SECRET_KEY: str({ default: '' }),
diff --git a/apps/api/src/services/interfaces/environment.interface.ts b/apps/api/src/services/interfaces/environment.interface.ts
index c4cc8f754..ec363c0e1 100644
--- a/apps/api/src/services/interfaces/environment.interface.ts
+++ b/apps/api/src/services/interfaces/environment.interface.ts
@@ -28,6 +28,7 @@ export interface Environment extends CleanedEnvAccessors {
   RAKUTEN_RAPID_API_KEY: string;
   REDIS_HOST: string;
   REDIS_PORT: number;
+  REDIS_PASSWORD: string;
   ROOT_URL: string;
   STRIPE_PUBLIC_KEY: string;
   STRIPE_SECRET_KEY: string;
diff --git a/docker/docker-compose.build.yml b/docker/docker-compose.build.yml
index 1d2496f9b..37f63d8c8 100644
--- a/docker/docker-compose.build.yml
+++ b/docker/docker-compose.build.yml
@@ -7,6 +7,7 @@ services:
     environment:
       DATABASE_URL: postgresql://user:password@postgres:5432/ghostfolio-db?sslmode=prefer
       REDIS_HOST: 'redis'
+      REDIS_PASSWORD: ${REDIS_PASSWORD}
     ports:
       - 3333:3333
 
diff --git a/docker/docker-compose.yml b/docker/docker-compose.yml
index 7afd19a19..786f62f55 100644
--- a/docker/docker-compose.yml
+++ b/docker/docker-compose.yml
@@ -7,6 +7,7 @@ services:
     environment:
       DATABASE_URL: postgresql://user:password@postgres:5432/ghostfolio-db?sslmode=prefer
       REDIS_HOST: 'redis'
+      REDIS_PASSWORD: ${REDIS_PASSWORD}
     ports:
       - 3333:3333