Skip to content

FINRA Series 7 exam guide

The Series 7 qualifies General Securities Representatives and tests customer accounts, investment products, recommendations, and transaction handling across four functions.

Overview

Questions: 130
130 administered: 125 scored and five unscored pretest items
Time: 3 hours 45 minutes
Exam time
Format: Multiple choice
Computer-based
Pass mark: 72
FINRA identifies a passing standard of 72 on the Series 7 equated scale; this is not a raw percentage or a guaranteed number of correct questions.

4 syllabus topicsOpen the published blueprint

Topic	Syllabus headings	Questions on the paper
1. Seeks business for the broker-dealer from customers and potential customers	0	9
2. Opens accounts after obtaining and evaluating customer profiles	0	11
3. Provides investment information, makes recommendations, transfers assets and maintains records	0	91
4. Obtains and verifies customer instructions and processes transactions	0	14

Guide topics

Exam overview

Eligibility, enrollment, cost, exam format, and results.

Exam difficulty

Study time, difficulty, and readiness.

Exam topics

The four tested sections and focused securities concepts.

Study plans

Practical preparation and revision schedules.

Practice tips

Original practice questions and worked explanations.

Careers and pay

Roles, qualifications and career considerations.

Comparisons

Relevant exams and preparation options.

Start with these five