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Free CMT Exam Prep

Chartered Market Technician (CMT) Level I

Prepare for the CMT exam without spending hundreds on expensive prep courses. Free study guides, practice questions, flashcards, and related exam resources.

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Your Study Path

CMT CMT Program (CMT Association) License: Complete Roadmap

Follow this path to organize your licensing and exam preparation

1

Phase 1: Theory and Market StructureYou are here

Build the Level I foundation in Dow Theory, chart construction, breadth, sentiment, and market behavior.

30
hours
2

Phase 2: Classical Pattern Work

Drill support/resistance, trendlines, gaps, candlesticks, and common reversal/continuation structures.

25
hours
3

Phase 3: Advanced Tools and Risk

Add Fibonacci, Elliott concepts, volatility tools, anchored VWAP, systems thinking, and risk controls.

20
hours
4

Phase 4: Timed Mixed Practice

Run two-hour sets that force fast recognition and clean domain transitions under time pressure.

15
hours
Estimated total study time
90 hours
That's about 9 weeks at 10 hours/week

Can You Take the CMT Exam?

Check if you meet the basic eligibility requirements

Age
Education
No degree or firm sponsorship is required to sit for Level I
Experience
To earn the charter, candidates must complete all three levels and document approved professional analytical or investment-management experience
Additional Requirements
  • Level I is the entry point in a three-level CMT Program
  • Charter award also requires CMT Association Professional Membership and professional references
  • Registration includes access to the official digital curriculum

CMT Quick Facts

Time to Get Licensed

8-14 weeks for most candidates

From start to license in hand

Exam Provider

Prometric / ProProctor

Remote Testing Available
Schedule Your Exam

Retake Policy

Candidates who do not pass must register for a future exam window again at the prevailing fee.

Total Cost Breakdown

Exam Fee$875 early / $1,075 standard / $1,475 late
Total Estimated Cost$875-$1,475 before optional third-party prep
Why Choose Us

Free CMT Prep Tools

200 Practice Questions

Built to mirror the current Level I weighting across all four official domains.

Exam Topic Review

Based on the current CMT Association guide, FAQ, fees, and 2025-to-2026 digital curriculum structure.

Explanation-First Prep

Answer rationales focus on chart logic, indicator interpretation, and practical exam traps.

Free Access

Start drilling technical-analysis concepts before you commit to paid prep.

Compare:
Kaplan $300+Achievable $200+OpenExamPrep $0

What You'll Study

17 chapters covering the exam topics in this guide

CMT Exam Details

Chartered Market Technician (CMT) Level I

Administered by CMT Association

Official Source
Pass/fail; CMT Association does not publish a fixed passing percentage
Passing Score
132
Questions
2
Hours
$875 early / $1,075 standard / $1,475 late registration
Exam Fee
Prerequisites: No formal prerequisite to sit for Level I; earning the charter requires passing all three levels plus professional membership and experience requirements

Exam Content Breakdown

Based on the official CMT Association content outline

Theory and History38%

Dow Theory, market structure, behavioral finance, chart construction, breadth, sentiment, and intermarket context.

Classical Chart Analysis33%

Trendlines, support/resistance, classical patterns, candlesticks, point-and-figure, and confirmation logic.

Advanced Technical Analysis26%

Fibonacci, Elliott Wave, volatility tools, systematic methods, risk management, anchored VWAP, and newer analytical applications.

Ethics and Standards3%

Professional conduct, disclosure, and client communication standards for market technicians.

What's Included

17 Chapters

Complete exam coverage

Practice Quizzes

With detailed explanations

Free to Start

No credit card required

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Why It's Free

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What's Next After the CMT?

After passing the CMT, you can pursue these career paths

CMT Exam FAQ

Official CMT Association Resources

Verify information with these official sources

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Ready to Start Your Free CMT Prep?

Review the study guide, practice key concepts, and use the free tools at your own pace.