How do I schedule a Series 63 exam?
Schedule your exam on Prometric, or call them at (800) 578-6273. Have your FINRA ID Number, phone number, and name of the exam (Series 63) ready. There is no fee due when scheduling the exam with Prometric.
How much does the Series 63 exam cost?
North American Securities Administrators Association (NASAA) Exams
| Duration | Cost | |
|---|---|---|
| Series 63 – Uniform Securities Agent State Law Exam | 1 hour and 15 minutes | $147 |
| Series 65 – Uniform Investment Adviser Law Exam | 3 hours | $187 |
| Series 66 – Uniform Combined State Law Exam | 2 hours and 30 minutes | $177 |
Can I take the Series 63 exam without a sponsor?
Do I need to have a sponsor before I take the Series 63, 65, or 66? No. Unsponsored candidates who are not Form U4 registered or currently affiliated with a firm through FINRA’s Web CRD system should open an exam enrollment window via FINRA.org request and pay for the S63, S65, or S66 exams.
How do I get my Series 6 and 63 license?
Series 6 and 63 licensing requirements are as follows: You must be sponsored by a member of FINRA (formerly NASD) or a Self-Regulatory Organization. You will not be able to sit for the Series 6 exam without a sponsor. A passing grade of 70% or better on the Series 6 exam, administered through Prometric Testing Centers.
What is a Series 63 exam?
The Series 63 exam — the Uniform Securities State Law Examination — is a North American Securities Administrators Association (NASAA) exam administered by FINRA. The exam consists of 60 scored questions. Exam questions are expected to be updated to reflect the Investment Adviser Marketing Rule later this year.
Is the 63 exam hard?
How hard is the Series 63 exam? Expect the Series 63 to be challenging, mainly because of the short amount of time you have to complete the questions. You only have 75 minutes, so if you spend more than a minute and 15 seconds on each question, you can fall behind quickly.
How do I get a Series 7 and 63 license?
Series 7 And 63 Licensing Requirements Are As Follows:
- You must be sponsored by a member of FINRA (formerly NASD) or a Self-Regulatory Organization.
- Fingerprinting.
- Background Check.
- A passing grade of 72% or better on the Series 7 exam, administered through Prometric Testing Centers.
What is Series 63 needed for?
The Series 63 license is intended to measure an applicant’s knowledge and understanding of state law and regulations. It is required for individuals soliciting the purchase or sale of securities products, such as mutual funds, variable annuities, stocks, or bonds within a state.
Is Series 7 exam hard?
Is the Series 7 Exam Difficult? Clocking in at 125 questions to be answered in three hours and 45 minutes, the Series 7 exam is considered the most difficult of all the securities licensing exams. The minimum passing score is 72, which may not seem that difficult.
How many times can you take the series 63?
A person can retake the Series 63, 65 or 66 exam an unlimited number of times, so long as applicable waiting period requirements have been met, according to the North American Securities Administrators Association (NASAA).
What questions are on the series 66 exam?
The Series 66 exam has 100 multiple-choice questions that are scored, and a candidate must correctly answer 73 of those questions in order to pass. The comprehensive exam covers topics such as economic factors, the characteristics of investment vehicles, client/customer investment recommendation strategies, and laws and regulations.
Is the series 63 exam difficult?
The Series 63 Exam isn’t considered an entirely difficult exam. However, to increase your chances of passing the exam the first time, there are companies that offer products to assist with performing well.
What is the pass rate for the series 66 exam?
Most securities exams administered by both FINRA and the NASAA have a passing score of 70%, except for the Series 7, 63 and 65, which have passing rates of 72%, and Series 66, which has a passing score of 73%.