Series 7

Maximize Your Score: Free Series 7 Practice Exams

Our free Series 7 practice exams have been fully updated for 2025. We have great collection of practice questions to help with your FINRA test prep. Our site features twelve Series 7 practice exams with 10 questions each.

Comprehensive
Twelve online practice exams that cover the full range of securities products and regulations.

Challenging
Realistic, exam-level questions that mirror the complexity of the actual licensing test.

Insightful
Clear explanations that break down key Series 7 concepts and reinforce your understanding.

FINRA Series 7 Exam
General Securities Representative Exam

The Series 7, or General Securities Representative Exam, is a licensing exam administered by FINRA for individuals seeking to become registered representatives.

125 Questions    
Multiple Choice    
225 Minutes

Learn More

Series 7 Exam Overview

The Series 7 exam, officially known as the General Securities Representative Qualification Examination, is a core requirement for anyone seeking to become a registered representative licensed to sell a broad range of securities products. Administered by FINRA (the Financial Industry Regulatory Authority), the Series 7 is a comprehensive and challenging exam that tests knowledge of investment products, client communication, trading regulations, and industry standards.

What the Series 7 Exam Covers

The Series 7 qualifies individuals to solicit, purchase, and sell virtually all types of securities products, including:

  • Corporate securities
  • Municipal securities
  • Investment company products
  • Variable contracts
  • Direct participation programs (DPPs)
  • Options
  • Government securities

The exam is designed to ensure that candidates understand both the products they’ll be working with and the rules that govern the financial markets.

Major topics tested include:

  • Investment risk and returns
  • Client profiles and suitability
  • Trading and market mechanics
  • Account types and documentation
  • Regulatory rules and prohibited practices
  • Equity, debt, and options product features

Series 7 Exam Format and Scoring

The Series 7 exam consists of 125 multiple-choice questions, and candidates are given 225 minutes (3 hours and 45 minutes) to complete it. A passing score of 72% (90 correct answers) is required.

All questions are weighted equally, and the test is administered electronically at Prometric testing centers or via online proctoring when available.

To sit for the Series 7 exam, you must be sponsored by a FINRA-member firm or a self-regulatory organization (SRO). The Series 7 is considered a “top-off” exam, meaning it must be taken in conjunction with the SIE (Securities Industry Essentials) exam for full licensing.

Why the Series 7 Matters

The Series 7 license is one of the most widely recognized credentials in the financial services industry. It’s a necessary step for professionals who want to sell securities products, provide investment advice, or build a career as a registered representative or financial advisor.

Passing the Series 7 demonstrates not just product knowledge, but a solid understanding of ethics, compliance, and client-centered decision-making. For many in the industry, it’s a career milestone—and often a prerequisite for further licensing or advanced certifications.

How to Prepare

The exam is known for its depth and breadth, so focused Series 7  test prep is essential. Candidates are encouraged to:

  • Study the official FINRA content outline
  • Use a trusted study guide
  • Take full-length practice exams
  • Review topic-specific practice questions
  • Build a structured study schedule over several weeks

Our website offers free Series 7 practice questions and exam simulations to help you prepare effectively and build the confidence you need to pass on the first try.