300+ Free CFP Practice Questions

The CFP exam pass rate is approximately 64% for first-time test-takers and about 67% overall (CFP Board, March 2024). The exam is offered three times per year in March, July, and November. With thorough preparation using 300+ practice questions covering all 8 domains, you can significantly improve your chances of passing.

The CFP exam is considered one of the most challenging financial certifications. At 170 questions over 6 hours, it covers 8 principal knowledge domains. The breadth of material — from investments to estate planning to behavioral finance — makes it difficult. Most successful candidates study 250-400 hours over 3-6 months using review courses and practice exams.

To sit for the CFP exam, you need: (1) a bachelor's degree from an accredited institution, (2) completion of a CFP Board-registered education program, and (3) agreement to CFP Board's ethics standards. After passing, you need 6,000 hours of professional experience (or 4,000 hours in an apprenticeship) to use the CFP marks.

The CFP exam has 170 multiple-choice questions split into two 3-hour sessions (85 questions each) with a 40-minute break. Of the 170 questions, approximately 10 are pretest items that don't count toward your score. The exam uses a scaled scoring method, so there's no fixed number of correct answers required to pass.

Investment Planning (17%) and General Financial Planning Principles (17%) are the two largest domains. Professional Conduct & Regulation (15%) and Tax Planning (14%) follow closely. Together, these four domains make up about 63% of the exam. Estate Planning, Retirement, and Risk Management round out the remaining 35%.