Series 7 Practice Exam is a free website that has been fully updated for 2021. We have great collection of practice questions to help you prepare for your test. Our site features five Series 7 practice exams with 25 questions each. These are interactive, online exams that include detailed explanations.
Free Series 7 Practice Exams
Series 7 Exam
The FINRA Series 7 Exam is more formally called the General Securities Representative Qualification Examination. It is a test for Registered Representatives, or those who want to sell any type of securities.
Once you pass your test, and meet the other requirements, you will get your Series 7 License. At that point you are qualified for the solicitation, purchase, and sale of all securities products, including:
- Municipal fund securities
- Corporate securities
- Direct participation programs
- Variable contracts
- Investment company products
The Series 7 Exam is 3 hours and 45 minutes in length. It consists of 125 multiple choice questions along with 10 un-scored pretest questions that are randomly distributed. It costs $245 to register and the passing score is 72. The exam covers the 4 major job functions of a general securities representative. For a complete overview of the topics, see the
To register for this exam, you must be associated with, or sponsored by, a FINRA member firm or by a self-regulatory organization member firm.
This is a challenging test, so make sure you spend a lot of time preparing for it. Start by getting one of the best Series 7 study guides, and then work through our Series 7 practice questions. When you miss a question, make sure you are learning from your mistakes by carefully reviewing the explanation. Start your test prep right now with our free Series 7 practice exams!
The Securities Industry Essentials (SIE) exam is a corequisite to the Series 7. In other words, candidates must pass both the SIE and the Series 7 in order to obtain the General Securities Representative registration. When preparing for the SIE, be sure to try our free SIE Practice Exam.