FINRA · Series 7
General Securities Representative Exam (Series 7) practice exams
FINRA's Series 7 General Securities Representative exam — practice against the official content outline, with every answer explained.
Or read 15 sample questions with answers.
About the Series 7 exam
The Series 7 qualifies registered representatives to sell most types of securities, including stocks, bonds, options, municipal securities and packaged products.
These practice exams follow FINRA's four job functions: seeking business (7.2%), opening accounts (8.8%), providing information and suitable recommendations (72.8%), and processing transactions (11.2%).
The real exam
Public information published by FINRA. A ExamWize practice exam matches this format — it is not a copy of the exam's contents.
- Format
- 125 multiple-choice questions in 3 hours 45 minutes. Requires the SIE and firm sponsorship.
- Cost
- FINRA lists the fee on its Series 7 page — check FINRA for current pricing.
- Scoring
- Passing score is 72. Practice scores here use the same 72 line.
- Validity
- Your firm registers you through CRD after you pass both the SIE and Series 7.
Practice by exam topic
ExamWize practice exams draw questions in these same proportions, from a bank of 594 Series 7 questions. Open a topic for what it covers and free questions with answers.
- Seeks Business for the Broker-Dealer from Customers and Potential Customers· 43 questions7%
- Opens Accounts after Obtaining and Evaluating Customers' Financial Profile and Investment Objectives· 52 questions9%
- Provides Customers with Information about Investments, Makes Suitable Recommendations, Transfers Assets and Maintains Appropriate Records· 434 questions73%
- Obtains and Verifies Customers' Purchase and Sales Instructions and Agreements; Processes, Completes and Confirms Transactions· 65 questions11%
Who it's for
- New representatives at FINRA member broker-dealers
- SIE holders moving to full general securities registration
- Professionals adding options, municipal and equity sales to their license
How to prepare
- Function 3 is nearly three-quarters of the exam — know products, suitability and recommendations cold.
- Drill options math: breakevens, maximum gain and loss for calls, puts, spreads and straddles.
- Practice margin calculations: Reg T, equity, SMA and maintenance requirements.
- Learn municipal securities basics and MSRB rules, plus FINRA communications rules.
See the free Series 7 cheat sheet for a one-page domain summary, and the content policy for how these questions are written.
Free Series 7 practice resources
- 15 free Series 7 practice questionsSpread across the exam's topics, each with the answer and an explanation for every option.
- Free 10-question diagnosticA quick, scored check of where you stand, with no account needed.
- Series 7 cheat sheetThe topics and the facts that come up most, on one page.
- Series 7 study guideHow to plan your preparation.
Series 7 exam FAQ
- What is the format of the Series 7 exam?
- 125 multiple-choice questions in 3 hours 45 minutes. Requires the SIE and firm sponsorship.
- How much does the Series 7 exam cost?
- FINRA lists the fee on its Series 7 page — check FINRA for current pricing.
- How is the Series 7 exam scored?
- Passing score is 72. Practice scores here use the same 72 line.
- How long is the credential valid?
- Your firm registers you through CRD after you pass both the SIE and Series 7.
- How many Series 7 practice questions does ExamWize have?
- 594 original practice questions, drawn into full practice exams in the same format and domain proportions as the real Series 7. Every option has its own explanation.
- Are these real Series 7 exam questions?
- No. Every question is original, written from FINRA's public content outline — never copied from the real exam or from exam dumps. They match the real exam's format, not its contents.
- Can I try ExamWize for free?
- Yes. The free diagnostic has 10 Series 7 practice questions with a full explanation for every answer, and no account is needed.