I suspect that conditions for FX trading will not be ideal. There is no clear indication regarding what requirements exist between levels 1 through 6 and so forth. Still a fee to 'apply'; no mention about the cost or whether or not multiple applications are allowed. I suspect that very few traders will reach level 6.
As such, I do not see, yet, how this will not be just another churn & burn of challenge fees as they claim. We will see. Thanks for sharing. I like to see new ideas being pushed.