How do I set risk limits per trader?
Quick answer
Set limits through the account type a trader receives: loss limits, lot and position caps, leverage and instruments. For funded or scaled traders, use a separate account type with tighter or looser limits. Avoid one-off manual limits that are hard to track and apply consistently.
Detailed answer
Approach:
- Standard tiers: each account size and phase has its own rule set.
- Scaled traders: a separate account type with appropriate limits.
- Higher-risk segments: for example lower leverage on crypto.
- Exceptions: handled by creating a new account on a different type, documented.
Keeping limits in rule sets, rather than per-person settings, makes them consistent and auditable. On PropExecutor, account types point at rule sets, and several account types can share one, so a change of policy for a segment is a new rule version applied to new accounts.
Example
A firm offers standard $50,000 accounts with a 5% daily limit and 5-lot cap. Traders who scale to $100,000 receive a separate account type with a 4% daily limit and a maximum risk per trade rule. Every scaled trader gets the same limits, and the rule set version records exactly what applied.
Document each segment's limits on the rules page.
PropExecutor team · Updated
Related questions
- What is correlated exposure, and why does it matter?
- How do I identify consistently profitable traders worth backing with real capital?
- Challenge design and trading rulesShould a rule violation end the account or only reject the order?
- Challenge design and trading rulesWhat maximum lot size should a challenge allow?
- What does it mean to copy funded traders into a live account?