Welcome to the SIE Practice Test. We offer you the best in SIE exam preparation resources – completely free. Our expertly designed four practice exams and study guides are fully updated for 2024.
Our SIE Practice Exams contain challenging questions from various sections. Get ready to open doors to new opportunities in the securities industry today!
Useful Resources
If you want to increase your chances of qualifying for the SIE exam, we recommend the Mometrix SIE Course. This course includes a complete syllabus for the SIE exam and over 750 questions and lesson reviews to test yourself and boost your confidence.
About SIE Examination
The Securities Industry Essentials (SIE) Exam, developed by FINRA, is your entry ticket into the world of securities. The exam has 75 multiple-choice questions to be tackled in 1 hour and 45 minutes.
The candidates must pay a $60 examination fee and score 70% or above to get SIE certification.
SIE Exam Structure
The SIE exam contains 75 multiple-choice questions (MCQ) that should be attempted within 1 hour and 45 minutes. The candidates must score 70% or above to qualify for this examination.
The SIE exam consists of the following sections:
| Sections | Weightage |
|---|---|
| Knowledge of Products and their Risks | 44% weightage in the SIE exam |
| Knowledge of Trading, Customer Accounts, and Prohibited Activities | 31% weightage in SIE exam |
| Knowledge of Capital Markets | 16% weightage in the SIE exam |
| Overview of Regulatory Framework | 9% weightage in the SIE exam |
Benefits of the SIE Exam
After qualifying for the SIE examination, the candidate will receive a certificate from FINRA that will be valid for four years.
You’ll be able to be involved in the securities business with FINRA’s SIE certificate. It also gives weightage to your resume if you join a financial firm. Anyone above 18 years of age can register on FINRA’s official website to appear in the SIE exam by paying $60.
You must study hard and practice more to qualify for the SIE exam. We have designed the study guides for all sections and practice quizzes on each section to boost your confidence before the exam.