Trading tournaments in France

Yes. Loi Sapin II (2017) bans electronic CFD, forex and binary-options advertising to retail, but does not ban contests themselves. Cash-equity, PEA and ETF virtual-portfolio contests run freely under AMF oversight. Broker-tournament discovery on the CFD side is what gets killed, not the tournament format itself.

It is the legal loophole around Loi Sapin II. Direct electronic advertising of the CFD contest to retail would be banned, but hosting the €20K Talents du Trading as BFM Business editorial content sits on the editorial side of the line. It's the workaround French CFD brokers use to reach retail traders.

NextWise Next Challenge is the pan-EU Euronext-affiliated trading game covering France plus six other Euronext-listing countries. It is one of the few cross-border options for French residents alongside the domestic ABC Bourse Grand Jeu Boursier and Crédit Agricole regional Jeux Boursiers.

ABC Bourse Grand Jeu Boursier runs continuously with quarterly cash prizes. Saxo Bank runs Talents du Trading (€20K) via BFM Business. Crédit Agricole regional entities run Jeux Boursiers. Euronext and the AMF's École de la Bourse also run educational simulations on top of the layer.

The contests themselves are not banned, but the Loi Sapin II ban on electronic CFD, forex and binary-options advertising to retail effectively kills the discovery channels French CFD brokers would normally use. Cash-equity, PEA and ETF virtual-portfolio formats remain the practical path for French residents.