What is AvaProtect ™ - The ultimate risk management tool? Table of Contents
What is AvaProtect ™?
AvaProtect ™, an exclusive AvaTrade product, allows you to get a refund on losing trades.
Unlike a normal position, where things can turn bad if the market backfires, protected trades are safe from any adverse movement during the protection period.
In other words, AvaTrade will refund your losing trades at the end of the protection period, directly into your account!
Join the revolution and protect your operations today.
Find out more about AvaProtect ™
Up to a million dollars of protection
AvaTrade, the award-winning broker and leader in the forex and CFD industry, sets a new standard in risk reduction with AvaProtect, a new innovative risk management tool.
This unique risk management tool allows you to protect a specific transaction from losses, up to one million dollars, for a given period of time; all this in exchange for a reduced cost of coverage paid at the time of purchase of the transaction.
The development of AvaProtect underscores the company’s ongoing commitment to customer success and satisfaction.
The tool is available exclusively on the AvaTrader platforms: the AvaTradeGO app that can be downloaded from Google Play and the App Store and the WebTrader, which does not require any download or installation procedure.
How to activate AvaProtect ™?
Activating the protection is easy and takes only 6 simple steps:
- Tap to open the WebTrader or the AvaTradeGO app;
- Select a tool;
- Click on the AvaProtect icon;
- Choose the duration of protection;
- View commission and deadline;
- Complete the operation;
- And here it is: your operation is protected!
AvaProtect ™ is available only for trades on FX, Gold, and Silver.
Open AvaTrade’s Account to try AvaProtect ™
How will AvaProtect reimpurse the loss?
The AvaProtect risk protection tool reimburses you for any loss that occurs during the protection period, including stop out, manual closure of an operation, or unrealized losses of an operation opened at the time of the protection expiration.
Any trades still open at the time the protection expires will remain open, but the negative floating will be refunded directly to your account, excluding the hedging cost.
If a covered transaction is closed manually or by a stop-out, the protection will cease to apply from that moment.
Any reimbursed losses will be credited in the form of cash, without any withdrawal restrictions.
Benefit from total parameter control
Each AvaProtect contract features a fixed protection period that you can choose manually (hourly or daily), thus allowing you to have full control over AvaProtect’s parameters.
Furthermore, you can maintain control over the open position by deciding whether to close the position itself or whether to set take-profit/stop-loss orders, at your complete discretion.
Go to AvaTrade’s Official Website
Calculate the AvaProtect premium
AvaProtect’s premium is based on the expected volatility of the underlying position during the contract period.
The premium varies depending on the size of the operation and the chosen protection period.
The cost of coverage for AvaProtect will be deducted from the free balance of your account at the time of opening the transaction.
Can you reduce the risk when trading?
Use AvaProtect when performing your next operation and enjoy peace of mind during the protection period.
Feel free to make bolder choices in the market knowing that if the protection ends and you still have an open position at a loss, AvaTrade will fully refund any losses to your account.
A small coverage cost is the only cost you will incur.
Still worried about losing money with a losing position? Forget about all that with AvaProtect.
Use the WebTrader or download the AvaTradeGO app, open a free trading account and find out what AvaProtect has to offer you.
Open AvaTrade’s Account to try AvaProtect ™
Please click "Introduction of AvaTrade", if you want to know the details and the company information of AvaTrade.
(Forex Broker)
Comment by Diletta
March 26, 2024
Awesome bonuses, good leverage. A few hiccups, but support rocks!