Series 7 Exam The FINRA Series 7 Exam series 7 exam prep investopedia forex officially called the General Securities Representative Examination. It is a test for Registered Representatives, or those who want to sell any type of securities. Once you pass your test you will get your Series 7 License.
The Series 7 Exam is 6-hours in length, and consists of 250 multiple choice questions, along with 10 un-scored pretest questions. The exam covers the five major functions of a Registered Representative. For a complete overview of the topics, see the FINRA Series 7 Content Outline. In order to take this exam you must be sponsored by a FINRA member firm or by a self-regulatory organization.
At the exam you will be provided with scratch paper and a basic electronic calculator. No reference material or personal calculators are allowed. This is a very challenging test, so make sure you spend a lot of time on test prep! Start by getting one of the best Series 7 study guides. Then work through hundreds of 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!