Online practice tests
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.
What's in each test
| Test | Questions | Covers |
|---|---|---|
| Practice Exam 1 | 125 | All four FINRA functions, weighted 9 / 11 / 91 / 14 like the real exam |
| Practice Exam 2 | 125 | All four FINRA functions, weighted 9 / 11 / 91 / 14 like the real exam |
| Practice Exam 3 | 125 | All four FINRA functions, weighted 9 / 11 / 91 / 14 like the real exam |
| Practice Exam 4 | 125 | All four FINRA functions, weighted 9 / 11 / 91 / 14 like the real exam |
| Practice Exam 5 | 125 | All four FINRA functions, weighted 9 / 11 / 91 / 14 like the real exam |
| Practice Exam 6 | 125 | All four FINRA functions, weighted 9 / 11 / 91 / 14 like the real exam |
| Chapter 1 quiz | 15 | The Series 7 Exam and How to Pass It |
| Chapter 2 quiz | 15 | Prospecting, Communications and New Issues |
| Chapter 3 quiz | 15 | Opening and Managing Customer Accounts |
| Chapter 4 quiz | 15 | Retirement and Education Accounts |
| Chapter 5 quiz | 15 | Equity Securities |
| Chapter 6 quiz | 15 | Debt Securities: Prices, Yields and Risks |
| Chapter 7 quiz | 15 | Corporate Debt and Money Market Instruments |
| Chapter 8 quiz | 15 | U.S. Government, Agency and Mortgage-Backed Securities |
| Chapter 9 quiz | 15 | Municipal Securities |
| Chapter 10 quiz | 15 | Investment Companies: Mutual Funds, ETFs and UITs |
| Chapter 11 quiz | 15 | Variable Annuities and Insurance-Based Products |
| Chapter 12 quiz | 15 | Direct Participation Programs, REITs and Alternative Investments |
| Chapter 13 quiz | 15 | Options I: Fundamentals and Basic Strategies |
| Chapter 14 quiz | 15 | Options II: Spreads, Straddles, Index Options and Rules |
| Chapter 15 quiz | 15 | Economics, Investment Analysis and Portfolio Management |
| Chapter 16 quiz | 15 | Taxation of Investments |
| Chapter 17 quiz | 15 | Margin Accounts |
| Chapter 18 quiz | 15 | Orders, Trading, Settlement and Confirmations |
| Chapter 19 quiz | 15 | Regulation, 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.