The all-steel attached lifting protection platform widely employed in recent years has always suffered from self-weight issues and corrosion. Aluminum alloy is the ideal option for steel owing to its low bulk density and resistance to corrosion and rust. However, its elastic modulus is insufficient, causing the deformation of the structure to easily exceed the limitation of the Code for Design of Aluminum Alloy Structures. Therefore, this study recommended using sorbite stainless steel with high strength and a reasonable price as the guide rail of a protection platform having a significant force in conjunction with aluminum alloy to maximize their advantages. Regarding the overall structure, Midas GEN was used to verify whether their deformation adheres to the specifications. For exploring the stiffness of exact nodes, the wall-attached support was modeled by Abaqus, discovering that its maximum composite deformation is 0.725 mm, and its highest stress (490.2 MPa) appears at the intersection of the bottom and the side plate. Additionally, the influence of three key factors (the cantilever height of the protection platform, the horizontal spacing between two wall-attached supports, and the sectional size of the main frame fittings) on the structural deformation was investigated. Finally, the cost per extension meter was compared between the all-steel and the novel sorbite stainless steel-aluminum alloy attached lifting protection platform. The findings of the aforementioned works can effectively guide the design and construction of this novel structure and play a crucial role in its popularization and application.