# CFA Level 1 Practice Test — 25Q Free

> CFA Level 1 practice test for 2026: free 25-question diagnostic, full mock 60 questions, 90 minutes, topic scores, 70% readiness target. Independent study aid, not CFA Institute material.

UniPrep2Go's free CFA Level 1 practice test is a 25-question, 38-minute timed diagnostic with a free topic report and answer review — no email, no account. The full mock is 60 questions / 90 minutes on the $5 UniPrep2Go Mock Pass (5 attempts on any mock).

## What is the CFA L1 Readiness exam?

CFA L1 Readiness is an exam pathway administered under CFA Institute. Each attempt draws 60 questions from a 120-item original bank covering all ten 2026 CFA Level I topics within the official weight ranges (bank: Ethics 20; FSA, Equity and Fixed Income 14 each; Portfolio Management 12; Quant, Economics and Alternatives 10 each; Corporate Issuers and Derivatives 8 each), so Mock Pass retakes see new items. Official exam: 180 three-option multiple-choice questions in two 135-minute sessions (4.5 hours); CFA Institute sets the minimum passing score (MPS) after each administration and does not publish a fixed percentage. Our items use four options at the same 90-second pace. UniPrep2Go readiness target: 70%. Not a full CFA Institute mock exam. This UniPrep2Go page is an independent timed practice test — not official exam material.

- Administered by: CFA Institute

## Official certification resources

Topic weights and timing follow published CFA Institute outlines. Verify fees and scheduling on the official site — UniPrep2Go questions are independent study aids.

- [CFA Level I exam overview](https://www.cfainstitute.org/programs/cfa-program/candidate-resources/level-i-exam)

## Product facts

- Slug: cfa-level-1-readiness-check
- Practice test label: CFA Level 1 practice test
- Vertical: finance (https://uniprep2go.study/mock-exams/v/finance)
- Family: cfa
- Linked deck: cfa-level-1-anki-deck
- Linked deck status: available
- Linked deck checkout: https://pixidstudio.gumroad.com/l/ivjmuu?wanted=true
- Status: live
- Access mode: free_timed_mock
- Questions: 60
- Duration: 90 minutes
- Free version: free 25-question / 38-minute diagnostic (1 attempt, no signup); full 60-question mock on Mock Pass
- Free question count: 25
- Free duration: 38 minutes
- Pass threshold: 70%
- Price: Free 25-question diagnostic, then $5 for 5 full attempts
- Pricing note: Your first UniPrep2Go attempt is free: a 25-question timed diagnostic on any exam (Exam or Learn mode, no signup) with the full topic report. Full-length mocks and retakes run on a $5 UniPrep2Go Mock Pass (Gumroad license key): 5 attempts on any mock. After your score, buy the linked Anki deck on Gumroad to drill weak topics with spaced repetition.
- Mock Pass: $5 for 5 attempts on any mock — https://pixidstudio.gumroad.com/l/uniprep-mock-pass
- Exam body: CFA Institute
- Search aliases: CFA L1, CFA Level 1
- Landing page: https://uniprep2go.study/mock-exams/cfa-level-1-readiness-check
- Facts JSON: https://uniprep2go.study/api/mock-exams/cfa-level-1-readiness-check

## About this free 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 — then drill weak topics in the linked $29 / 348-card Anki deck and printable formula reference. Official Level 1 is 180 multiple-choice questions across two sessions (~4 hours 30 minutes total), and CFA Institute sets the minimum passing score (MPS) after each administration — there is no fixed pass percentage. This check is a shorter diagnostic with a UniPrep2Go readiness target of 70%.

- Built for: CFA Level 1 candidates who want a weighted topic baseline before committing to a full mock provider.
- Topics: Ethical and Professional Standards, Quantitative Methods, Economics, Financial Statement Analysis, Corporate Issuers, Equity Investments, Fixed Income, Derivatives, Alternative Investments, Portfolio Management

## Report features

- Pass/no-pass readiness verdict
- Weighted topic diagnosis
- Pacing analysis
- Full answer review with explanations
- Linked Anki deck repair plan for no-pass or borderline results

## Question source

Original UniPrep2Go practice items aligned to published topic outlines — not leaked official exam questions.

## Structure

- Ethical and Professional Standards: 10 questions, target 70%
- Quantitative Methods: 5 questions, target 70%
- Economics: 5 questions, target 70%
- Financial Statement Analysis: 7 questions, target 70%
- Corporate Issuers: 4 questions, target 70%
- Equity Investments: 7 questions, target 70%
- Fixed Income: 7 questions, target 70%
- Derivatives: 4 questions, target 70%
- Alternative Investments: 5 questions, target 70%
- Portfolio Management: 6 questions, target 70%

## Official source note

Each attempt draws 60 questions from a 120-item original bank covering all ten 2026 CFA Level I topics within the official weight ranges (bank: Ethics 20; FSA, Equity and Fixed Income 14 each; Portfolio Management 12; Quant, Economics and Alternatives 10 each; Corporate Issuers and Derivatives 8 each), so Mock Pass retakes see new items. Official exam: 180 three-option multiple-choice questions in two 135-minute sessions (4.5 hours); CFA Institute sets the minimum passing score (MPS) after each administration and does not publish a fixed percentage. Our items use four options at the same 90-second pace. UniPrep2Go readiness target: 70%. Not a full CFA Institute mock exam.

## CFA Level 1 exam facts

- Exam name: CFA Level 1
- Administered by: CFA Institute
- Questions: 180 multiple-choice (two 90-question sessions)
- Scored questions: 180
- Time: 4 hours 30 minutes total — two 135-minute sessions of 90 questions each, optional break
- Passing score: No fixed passing score published; CFA Institute sets the MPS each cycle
- Delivery: Computer-based at Prometric test centers
- Content outline effective: 2026 Level I topic outline (CFA Institute)
- Verify current details at: https://www.cfainstitute.org/programs/cfa-program/candidate-resources/level-i-exam
Official sources:
- CFA Level I exam overview: https://www.cfainstitute.org/programs/cfa-program/candidate-resources/level-i-exam
- CFA Program curriculum and topic weights: https://www.cfainstitute.org/programs/cfa-program/candidate-resources/level-i-exam

## CFA Level 1 knowledge domains and weights

| # | Knowledge domain | Weight |
| --- | --- | ---: |
| 1 | Ethical and Professional Standards | 15–20% |
| 2 | Quantitative Methods | 6–9% |
| 3 | Economics | 6–9% |
| 4 | Financial Statement Analysis | 11–14% |
| 5 | Corporate Issuers | 6–9% |
| 6 | Equity Investments | 11–14% |
| 7 | Fixed Income | 11–14% |
| 8 | Derivatives | 5–8% |
| 9 | Alternative Investments | 7–10% |
| 10 | Portfolio Management | 8–12% |
## High-yield CFA Level 1 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.
## Common CFA Level 1 candidate questions (Q&A)

### How many questions are on CFA Level 1?

180 multiple-choice questions split across two 90-question sessions (4 hours 30 minutes total with optional break).

### What are the CFA Level 1 topic weights?

Ten topics ranging from 5–8% (Derivatives) to 15–20% (Ethics); see cfainstitute.org for the current cycle.

### Is there a fixed passing score for CFA Level 1?

No published cutoff. CFA Institute sets the minimum passing score (MPS) after each exam administration.


## FAQ

### Is there a free CFA Level 1 practice test?

Yes — your first UniPrep2Go attempt is free, and it can be this one: a 25-question / 38-minute timed diagnostic drawn by the same topic weights, a 70% readiness target, topic scoring, and a full answer review report. No signup, Exam or Learn mode. The full 60-question / 90-minute mock runs on the $5 UniPrep2Go Mock Pass (5 attempts on any mock).

### How many free attempts do I get on this CFA Level 1 practice test?

One. Your first UniPrep2Go attempt is free: a 25-question timed diagnostic on any exam (Exam or Learn mode, no signup) with the full topic report. Full-length mocks and retakes run on a $5 UniPrep2Go Mock Pass (Gumroad license key): 5 attempts on any mock. Every attempt ends with the full topic report and answer review — the report itself is never paywalled.

### How many questions are on this free CFA Level 1 practice test?

This UniPrep2Go practice test has 60 multiple-choice questions timed against a 90-minute target. The free first attempt is a 25-question / 38-minute diagnostic with the same topic weights; the full session runs on Mock Pass. Each attempt draws 60 questions from a 120-item original bank covering all ten 2026 CFA Level I topics within the official weight ranges (bank: Ethics 20; FSA, Equity and Fixed Income 14 each; Portfolio Management 12; Quant, Economics and Alternatives 10 each; Corporate Issuers and Derivatives 8 each), so Mock Pass retakes see new items. Official exam: 180 three-option multiple-choice questions in two 135-minute sessions (4.5 hours); CFA Institute sets the minimum passing score (MPS) after each administration and does not publish a fixed percentage. Our items use four options at the same 90-second pace. UniPrep2Go readiness target: 70%. Not a full CFA Institute mock exam.

### Why is the free CFA Level 1 practice test 25 questions?

It is a diagnostic: 25 questions drawn by the same topic weights as the full 60-question mock — enough to rank your weakest topics, short enough to finish in 38 minutes in one sitting. With 1–6 questions per topic it is a quick read, not a verdict; for a full-length timed score, run the 60-question / 90-minute mock.

### What do I get for $5?

The UniPrep2Go Mock Pass: 5 full timed attempts on any UniPrep2Go mock, including the 60-question CFA L1 Readiness session, in Exam or Learn mode. It is a one-time Gumroad license key that works on any device — no subscription. Every attempt ends with the full topic report and answer review.

### What score do you need on this CFA Level 1 practice test?

The pass target on this practice test is 70%. Your report also breaks down performance by topic so you can see weak areas before the real exam.

### Who should take this CFA Level 1 practice test?

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

### Where can I take a CFA Level 1 practice test online?

UniPrep2Go hosts the CFA Level 1 Practice Test — 25Q Free at https://uniprep2go.study/mock-exams/cfa-level-1-readiness-check with a timed runner and full readiness report.

### Is this official exam material?

No. 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 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 that links to the paid Anki deck on Gumroad for weak-topic drilling.

### Where do the questions come from?

Questions are original UniPrep2Go practice items aligned to published topic outlines — not leaked official exam questions.

## Disclaimer

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