Your prop firm sets the risk limits on your account. Hyperprop enforces them. This article explains what each limit means, what happens when you hit one, and where to find your own numbers.
Where your limits live
Every account has its own numbers, chosen by your firm, so there is no single figure that applies to everyone. To see yours, open Trading Accounts and select the account. The detail sheet shows your profit target, your daily loss limit, your max loss with its drawdown type, your consistency percentage and your contract limit.
While you trade, the same figures track live in two places: the gauges in the top bar of the terminal, and the account panel inside the order ticket, which shows your progress toward the profit target, the daily loss limit and the max loss.
The two kinds of breach
Not every breach is the same, and this difference matters more than any other rule on the platform.
Daily limits pause your day
Daily loss and daily drawdown are soft breaches. Daily loss is a dollar amount. Daily drawdown is a percentage of the balance you started the day with. Whichever one trips first applies.
When you hit either, Hyperprop closes your open positions, cancels your working orders and locks the account for the rest of the trading day. It does not fail your account. The lock lifts when the next trading session opens, and you carry on.
Maximum limits end the account
Max loss and max drawdown are terminal. Breaching one closes your positions, cancels your orders and fails the account.
The mental model is simple: daily limits stop you for the day, maximum limits end the account.
You can always close a position
A lockout blocks you from opening new exposure. It never blocks you from getting out. Close, reverse, cancel and flatten stay available throughout. That is deliberate, so a lock can never trap you in a position.
Which drawdown type you have
Max loss is measured against a floor, and firms choose one of three ways to set it. Your account detail sheet shows which one applies as a badge next to max loss.
Static. The floor is fixed from your starting balance and never moves.
Trailing. The floor follows your highest equity as it happens, including profit on open positions.
End of day. The floor follows your highest equity as measured at each daily close, so it does not move while a trade is open.
Check this before you trade. On a trailing floor, giving back open profit moves you closer to a breach even though your balance has not changed.
Why you see one drawdown figure
The terminal shows a single drawdown figure rather than two numbers that, for most accounts, express the same thing two ways. This affects the display only. Every rule your firm set is still enforced in full.