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 guide are fully updated for 2024. Our free SIE practice exams will help you revise the study course and score high in the final exam.
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Free SIE Practice Exams
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Are you looking to ace FINRA’s SIE exam on the first attempt? Our free study guide is a great start, but try the SIE Course Prep for guaranteed success. It offers detailed lessons, practice exams, and personalized support.
Enroll now!About SIE Examination
The Financial Industry Regulatory Authority (FINRA) conducts various certification exams for people who want to pursue a career in the securities industry.
Securities Industry Essentials (SIE) is an introductory-level exam that assesses a candidate’s basic securities industry information knowledge.
Any candidate with/without a financial background can enroll for this exam to start his/her career in the securities industry. The SIE certification exam fee is $80 and is valid for four years. Anyone above 18 can enroll on FINRA’s official website for the SIE exam.
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 the 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 exam, the candidate will receive a certificate from FINRA that will be valid for four years.
You can be involved in the securities business with FINRA’s SIE certificate. It also gives preference to your resume if you join a financial firm.
You must study hard and take more practice tests to qualify for the SIE exam. We have designed the study guides and practice quizzes on each section to boost your confidence.
Start your preparation with our free SIE study material…