BPS adds additional security measures that do not come with Go Daddy Managed WordPress hosting. So your website would be more secure using BPS vs not using BPS. Most likely the Go Daddy Managed WordPress hosting built-in and customized Limit Login Attempts plugin/code is working fine, but you would need to contact Go Daddy support if you have questions about this since this is something specific to Go Daddy Managed WordPress hosting and not something that we provide or support. Basically you would get exact specific answers from Go Daddy since this is their product/service and we can only give you general help based on our experience with our brief 30 day testing period with a Go Daddy Managed WordPress hosting account. Limit Login Attempts overrides BPS Login Security. What that means is BPS Login Security is cancelled out by Limit Login Attempts.
Go Daddy Managed WordPress hosting is a special type of hosting account. The key word to focus on is “managed”. Basically Go Daddy is providing a hosting account type that is different than a standard hosting account type where they have added additional custom security measures that make this special hosting account type more secure, but that also means that there are restrictions and limitations with this type of special hosting account.
There are some minor restrictions/limitations that come with this special type of hosting account, but that is because this type of hosting account is in a “managed” environment. If you were wondering what “managed” means it means the hosting environment is managed and not that your individual website is managed.
http://support.godaddy.com/help/article/8943/managed-wordpress-file-editing-limitations
Managed WordPress File-Editing Limitations
Hackers love exploiting and defacing WordPress sites, which makes security a priority for everyone using WordPress. To help make Managed WordPress accounts as hack-proof as possible, we impose strict, security-oriented limitations on which files are editable.This feature means you can only edit the following directories and files on Managed WordPress accounts:
/wp-content
wp-config.php
.htaccess
favicon.ico
You can also edit any directories or files you upload yourself, such as a php.ini file.
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