# Free CFA Level 1 Readiness Check

> Free CFA Level 1 practice questions online: 60 timed questions across all 10 topic weights, 90 minutes, 70% readiness target, topic diagnosis, and full answer review. Independent CFA prep — not CFA Institute material.

## 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

## 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
- Status: live
- Access mode: free_demand_test
- Questions: 60
- Duration: 90 minutes
- Pass threshold: 70%
- Price: Free for first 20 mock starts
- Pricing note: Mocks and full reports are free for the first 20 mock starts while we validate demand. After that, access moves to paid Gumroad checkout.
- 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.

- 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: 15% weight, target 70%
- Quantitative Methods: 8% weight, target 70%
- Economics: 8% weight, target 70%
- Financial Statement Analysis: 11% weight, target 70%
- Corporate Issuers: 6% weight, target 70%
- Equity Investments: 11% weight, target 70%
- Fixed Income: 11% weight, target 70%
- Derivatives: 8% weight, target 70%
- Alternative Investments: 14% weight, target 70%
- Portfolio Management: 8% weight, target 70%

## Official source note

Readiness check sampled across CFA Level 1 topic weights. 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 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
- Content outline effective: 2025 exam cycle topic weights
- Verify current details at: https://www.cfainstitute.org/programs/cfa-program/candidate-resources/level-i-exams
Official sources:
- CFA Level I exam overview: https://www.cfainstitute.org/programs/cfa-program/candidate-resources/level-i-exams
- CFA Program curriculum and topic weights: https://www.cfainstitute.org/programs/cfa-program/candidate-resources/level-i-exams

## 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 — UniPrep2Go hosts a free online CFA Level 1 practice test with 60 timed questions, 90 minutes, a 70% pass target, topic scoring, and a full answer review report. Free for first 20 mock starts.

### 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. Readiness check sampled across CFA Level 1 topic weights. Not a full CFA Institute mock exam.

### 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 Free CFA Level 1 Readiness Check 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 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.

## 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.
