AvaTrade offers a wide range of trading platforms. On offer are: MetaTrader 4, MetaTrader 5, AvaOptions, AvaTradeGO as well as its own webtrader platform.

Depending on the platform, different trading instruments are tradable. For example, FX options are only tradable via AvaOptions. Most stocks, on the other hand, are tradable on the web or via MetaTrader 5 (MT5).
What is AvaOptions?
AvaOptions looks a bit confusing and is not suitable for the absolute trading novice. Here you can trade FX options. You can use a historical chart and confidence intervals to estimate the direction in which the market might move. At the same time you can see the risks and opportunities on the profit/loss diagram.

In the picture on the right, you can also see the implied volatility. From this, among other things, the option prices are calculated. But it can also be used to draw conclusions for normal Forex trading. A high implied volatility would for example warn the trader of larger movements.
As with real options, up to 13 option strategies can be implemented with AvaOptions, from straddle, strangle to butterfly or condor. If you do not have an options broker, you can also trade these options directly via AvaTrade. However, we would like to point out that options are very complex and are probably too difficult for trading beginners.

AvaTradeGO and AvaProtect
The proprietary trading platform AvaTradeGO has some additional features that MT4 or MT5 do not have. For example, you can use the AvaProtect function, which protects the trader from possible losses. As compensation, a commission is due here.
What is AvaProtect?
With AvaProtect you protect your positions in advance, before you enter the trade. So if you are afraid that the trade will go into the red, you can pay a fee (depending on the position size) to minimize this risk. Once the protection ends and you have an open position that incurs losses, AvaTrader simply refunds the amount to your account. Thus, the only cost is the AvaProtect fees. Comparable to AvaProtect is dealCancellation from easymarkets.
How does AvaProtect work?
AvaProtect can be offered by AvaTrade, as they act as a market maker and process all orders in-house. Thus, orders do not have to be forwarded directly to the exchange first.
So especially trading beginners should have positive experiences with the offered platforms with AvaTrade.