Securities & FINRA
FINRA and NASAA licensing exams for the securities industry.
Choose your exam family
Families group sibling exams — the tiers of one credential, the split and combined versions of a licence, the per-state variants. Each opens its own page with every exam and its free resources.
- FINRA Series exams4 exams1,042 free questionsThe core FINRA qualification exams.Series 7SIESeries 6Series 63Explore FINRA Series exams →
- NASAA state exams2 exams241 free questionsNASAA-owned uniform state securities law exams, delivered via FINRA.Series 65Series 66Explore NASAA state exams →
What you'll find on every Securities & FINRA exam
Each exam has up to four pages, one per job to be done: practice the questions, understand the exam, study the outline, or revise the morning of. Flashcards and glossary terms sit inside the study guide rather than on pages of their own.
- Practice tests6
- Free question banks with a worked explanation on every answer.
- Exam guides6
- Cost, format, eligibility and difficulty, straight from the official outline.
- Study guides6
- Full outline coverage, plus the exam's flashcards and glossary terms.
- Cheat sheets6
- The last-review sheet, condensed to a one-page PDF you can print.
Securities & FINRA articles
All articles →Pass-rate breakdowns and independent prep-course comparisons for securities & finra exams. Every figure links back to the body that publishes it.
- Series 7 Requirements 2026: SIE, Sponsorship & EligibilityGeneral Securities Representative Exam (Series 7) eligibility explained: prerequisites, sponsorship and educat…
- Best Series 7 Exam Prep Courses 2026: $199–$1,110Three Series 7 exam prep courses and classes compared on August 2026 list prices, access length and practice t…
- Series 7 vs SIE: $395 vs $100 — Which Comes First? (2026)SIE: $100, 75 questions, open to anyone. Series 7: $395, 125 questions, firm sponsorship required. Why the ord…
- SIE Pass Rate: 74% in FINRA's Only Disclosure (2026)FINRA reported a 74% SIE pass rate once, at its 2019 conference, and nothing since. What that dated figure is …
- Series 65 Waiver 2026: 5 Designations (CIC Is Off the List)NASAA waives the Series 65 for current CFP, ChFC, CFA, PFS and CIMA holders. The list changed in May 2024 — CI…
- Best SIE Prep Courses 2026: 5 Compared, From $99Five SIE prep courses compared using current July 2026 list prices, access periods, practice tools and live-in…
Frequently asked questions
Start with the SIE — it is open to the public with no firm sponsorship, and results stay valid for 4 years. Then take the representative exam your job requires (Series 6 or Series 7, both sponsor-required), pairing it with the NASAA state-law exam your role needs: Series 63, 65, or 66.
Two paths need no sponsor: the SIE, which anyone can register for, and the NASAA state-law exams (Series 63, 65, 66), which allow self-enrollment. The Series 6 and Series 7 require sponsorship by a FINRA member firm.
The SIE and Series 6 are $100 each, the Series 63 is $147, the Series 66 is $177, the Series 65 is $187, and the Series 7 is $395. Sponsoring firms often cover the fee; a retake means paying it again.
Pass rates run roughly 58% to 74%: the SIE passes about 74% of candidates and the Series 63 about 72%, while the Series 6 is the toughest of the set at about 58%. Drilling exam-style questions on the rules is what separates first-time passes from retakes.
Official sources
Every exam number on this page traces to a document published by the body that sets or administers the exam. These are the primary publishers cited across Securities & FINRA.
Last verified against these documents: