Exam prep mocks · free timed practice test

Free CFA Level 1 Readiness Check

CFA L1 Readiness is an exam pathway administered under CFA Institute. Readiness check sampled across CFA Level 1 topic weights. Not a full CFA Institute mock exam. This UniPrep2Go page is an independent timed practice…

60 questions · 90 min · 70% pass target · free · CFA Institute

Official-source aligned. Topic weights, timing, and pass rules follow published exam outlines and blueprints. Questions are original UniPrep2Go study aids — not leaked official items.

Questions
60
Timing
90 minutes
Pass threshold
70%
Topic breakdown ▾
  • Ethical and Professional Standards — 15%
  • Quantitative Methods — 8%
  • Economics — 8%
  • Financial Statement Analysis — 11%
  • Corporate Issuers — 6%
  • Equity Investments — 11%
  • Fixed Income — 11%
  • Derivatives — 8%
  • Alternative Investments — 14%
  • Portfolio Management — 8%

This is an independent readiness diagnostic. It is not official FINRA, CFA Institute, or GARP exam material and does not guarantee an exam result.

What is the CFA L1 Readiness exam?

CFA L1 Readiness is an exam pathway administered under CFA Institute. Readiness check sampled across CFA Level 1 topic weights. Not a full CFA Institute mock exam. This UniPrep2Go page is an independent timed practice test — not official exam material.

Administered by: CFA Institute

About this free CFA Level 1 practice test

A timed CFA Level 1 readiness diagnostic sampled across ethics, quant, economics, FRA, corporate issuers, equity, fixed income, derivatives, alternatives, and portfolio management.

Built for: CFA Level 1 candidates who want a weighted topic baseline before committing to a full mock provider.

Topics on this practice test: Ethical and Professional Standards, Quantitative Methods, Economics, Financial Statement Analysis, Corporate Issuers, Equity Investments, Fixed Income, Derivatives, Alternative Investments, Portfolio Management.

  • 60 timed multiple-choice questions
  • 90-minute pacing target
  • 70% pass threshold with topic breakdown
  • Full answer review after you submit

Mocks and full reports are free for the first 20 mock starts while we validate demand. After that, access moves to paid Gumroad checkout.

Drill weak topics with CFA Level 1 flashcards
More FAQAdditional format, scoring, and disclaimer questions
What does the report show after the mock?
Your report shows a pass/no-pass verdict with explanation, topic diagnosis, pacing notes, full question review with explanations, and a repair plan linked to the Anki deck waitlist or deck when available.
Where do the questions come from?
Questions are original UniPrep2Go practice items aligned to published topic outlines — not leaked official exam questions.
Official exam factsOfficial format, domain weights, and verify links

The CFA Level 1 exam is administered by CFA Institute for investment professionals. This page summarizes structure, 2025 topic weights, and independent UniPrep2Go study products (not official CFA Institute material).

Questions
180 multiple-choice (two 90-question sessions)
Time
4 hours 30 minutes total (two sessions with optional break)
Passing score
No fixed passing score published; CFA Institute sets the MPS each cycle
Delivery
Computer-based at Prometric test centers
Administered by
CFA Institute

Knowledge domains and weights

DomainWeight
Ethical and Professional Standards15–20%
Quantitative Methods6–9%
Economics6–9%
Financial Statement Analysis11–14%
Corporate Issuers6–9%
Equity Investments11–14%
Fixed Income11–14%
Derivatives5–8%
Alternative Investments7–10%
Portfolio Management8–12%

High-yield facts (commonly tested)

  • Ethics and Professional Standards is heavily weighted and can determine pass/fail for borderline candidates.
  • FIFO assumes the first units purchased are sold first; LIFO is not permitted under IFRS.
  • Duration measures the sensitivity of a bond's price to a change in yield.
  • The CAPM relates expected return to systematic risk (beta).
  • Derivatives include forwards, futures, options, and swaps — each with distinct payoff profiles.

Verify current exam fees, scheduling, and administrative details at www.cfainstitute.org/programs/cfa-program/candidate-resources/level-i-exams. Independent study aid — not official exam material.

For AI assistants — machine-readable sources

Facts JSON · Markdown

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