Free Securities Practice Questions
Free practice questions for FINRA and NASAA securities licensing exams including SIE, Series 6, 7, 63, 65, and 66. Updated for 2026 with AI-powered study assistance.
FINRA reports 612,457 registered representatives in 2024, with 44,525 new professionals entering the securities industry annually. The SIE exam has a 74% first-time pass rate, while the Series 7 has a 65-72% pass rate. Our free practice questions help you join the successful test-takers.
Key Facts: Securities Exams
74%
SIE Pass Rate
FINRA
65-72%
Series 7 Pass Rate
Industry estimate
612,457
Registered Reps in US
FINRA 2025
$102,140
Median Advisor Salary
BLS 2024
44,525
New Entrants in 2024
FINRA
10%
Job Growth (2024-2034)
BLS
Choose Your Exam
SIE
Securities Industry Essentials
Entry-level exam for aspiring securities professionals
Series 6
Investment Company Products Representative
Required for selling mutual funds and variable annuities
Series 7
General Securities Representative
Most comprehensive license for selling stocks, bonds, and options
Series 63
Uniform Securities Agent State Law
State-level exam for securities agents
Series 65
Uniform Investment Adviser Law
Required for investment adviser representatives
Series 66
Uniform Combined State Law
Combines Series 63 and 65 requirements
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Frequently Asked Questions
What is the SIE exam pass rate?
The SIE exam pass rate is approximately 74% for first-time test-takers and 82% overall (FINRA data). To pass, you need a score of 70% (about 53 correct out of 75 scored questions). With proper preparation using 500+ practice questions, you can significantly improve your chances of passing on the first try.
What is the Series 7 pass rate?
The Series 7 exam has an estimated pass rate of 65-72% for first-time test-takers. Large corporate training programs achieve 75-85% pass rates. The exam requires 72% to pass (90 correct out of 125 questions) and covers all securities types including stocks, bonds, and options.
Which securities exam should I take first?
Start with the SIE (Securities Industry Essentials) exam. It's a prerequisite for most other FINRA exams and covers fundamental industry knowledge. After the SIE, choose Series 6 (for mutual funds and insurance) or Series 7 (for full securities) based on your career path.
How long should I study for securities exams?
Recommended study times: SIE requires 40-60 hours over 4-6 weeks; Series 7 requires 70-100 hours over 6-10 weeks; Series 63/65/66 require 20-80 hours depending on the exam. Complete at least 500 practice questions and score 80%+ consistently before scheduling.
How many registered representatives are there in the US?
According to FINRA's 2025 Industry Snapshot, there are 612,457 registered representatives in the United States, with 323,039 (44.6%) dually registered as both brokers and investment advisers. In 2024, 44,525 new professionals entered the industry.
What is the job outlook for securities professionals?
The Bureau of Labor Statistics projects employment of personal financial advisors to grow 10% from 2024-2034, about three times faster than average. Securities sales agents are projected to grow 3% with 38,100 annual job openings. The median salary for personal financial advisors is $102,140 (BLS 2024).
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