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Free Series 7 Practice Tests

Six full-length, timed 125-question practice exams and 19 chapter quizzes from Series 7 Mastery. Take them in timed exam mode or study mode with instant explanations, and see your score by function.

By Muhammad Babar, MBA · Updated

What's in each test

TestQuestionsCovers
Practice Exam 1125All four FINRA functions, weighted 9 / 11 / 91 / 14 like the real exam
Practice Exam 2125All four FINRA functions, weighted 9 / 11 / 91 / 14 like the real exam
Practice Exam 3125All four FINRA functions, weighted 9 / 11 / 91 / 14 like the real exam
Practice Exam 4125All four FINRA functions, weighted 9 / 11 / 91 / 14 like the real exam
Practice Exam 5125All four FINRA functions, weighted 9 / 11 / 91 / 14 like the real exam
Practice Exam 6125All four FINRA functions, weighted 9 / 11 / 91 / 14 like the real exam
Chapter 1 quiz15The Series 7 Exam and How to Pass It
Chapter 2 quiz15Prospecting, Communications and New Issues
Chapter 3 quiz15Opening and Managing Customer Accounts
Chapter 4 quiz15Retirement and Education Accounts
Chapter 5 quiz15Equity Securities
Chapter 6 quiz15Debt Securities: Prices, Yields and Risks
Chapter 7 quiz15Corporate Debt and Money Market Instruments
Chapter 8 quiz15U.S. Government, Agency and Mortgage-Backed Securities
Chapter 9 quiz15Municipal Securities
Chapter 10 quiz15Investment Companies: Mutual Funds, ETFs and UITs
Chapter 11 quiz15Variable Annuities and Insurance-Based Products
Chapter 12 quiz15Direct Participation Programs, REITs and Alternative Investments
Chapter 13 quiz15Options I: Fundamentals and Basic Strategies
Chapter 14 quiz15Options II: Spreads, Straddles, Index Options and Rules
Chapter 15 quiz15Economics, Investment Analysis and Portfolio Management
Chapter 16 quiz15Taxation of Investments
Chapter 17 quiz15Margin Accounts
Chapter 18 quiz15Orders, Trading, Settlement and Confirmations
Chapter 19 quiz15Regulation, Prohibited Practices, Complaints and Records

How to use these practice tests

  • Timed exam mode works like the real Series 7: 3 hours 45 minutes, no feedback until you submit. Use it for Exams 3 to 6.
  • Study mode shows the answer and explanation after each question. Use it for chapter quizzes and your first two exams.
  • After each exam, open the review list and reread the book section behind every miss. Follow a study plan to stay on schedule.

Practice test FAQ

Are these Series 7 practice tests free?

Yes. All six full-length exams and all 19 chapter quizzes from Series 7 Mastery are free to take here, with every answer explained.

How are the practice exams weighted?

Each 125-question exam follows FINRA's outline: about 9 questions from Function 1, 11 from Function 2, 91 from Function 3 and 14 from Function 4. Exams 2 to 6 show your score by function.

What score means I'm ready for the Series 7?

The passing score is 72. Aim for 80% or higher on two or three full, timed practice exams before you test.

Is my progress saved?

Yes, in this browser. You can leave a test and resume it later on the same device.