US licensing & insurance · timed practice test · free 25-question / 35-minute diagnostic · FINRA
SIE Practice Test — 75 Questions, Timed (Free 25-Question Version)
Free 25-question diagnostic, then $5 for 5 full attempts · no signup
UniPrep2Go's free FINRA SIE practice test is a 25-question, 35-minute timed diagnostic with a free topic report and answer review — no email, no account. The full mock is 75 questions / 105 minutes on the $5 UniPrep2Go Mock Pass (5 attempts on any mock).
This free FINRA SIE practice test mirrors the Securities Industry Essentials gate exam for brokerage candidates who do not yet need a firm sponsor. Timed questions cover capital markets, products, trading, customer accounts, and prohibited activities — then the report shows which SIE domains to repair with Anki before you schedule Prometric.
Official-source aligned. Topic weights, timing, and pass rules follow published FINRA outlines. Questions are original UniPrep2Go study aids — not leaked official items. Verify on the official site ↗
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- Questions
- 25 free · 75 full
- Time
- 35 min free · 105 min full
- UniPrep2Go readiness target
- 70%
- Domains
- 4
- Exam body
- FINRA
- Status
- Live · free 25-question / 35-minute diagnostic
Exam version & sources
Securities Industry Essentials (SIE)— what this product is (and isn't)
- Exam version
- Current official outline
- Official source
- FINRA SIE exam overview
- Last reviewed
- October 15, 2026
- What this covers
- 75-question timed diagnostic (105 min; free 25-question / 35-min version) across 4 topic areas, with topic scoring and answer review. Official form: 75 scored multiple-choice + 5 unscored pretest items = 80 total (pretest reduced from 10 to 5 on Oct 27, 2025).
- Pass rule
- Official exam: 70 on FINRA's equated scale (not a raw 70% of questions); pass/fail result at the test center. UniPrep2Go mock: 70% readiness target (not an official pass score).
- Does not replace
- Independent study aid — it does not replace FINRA content outlines and your firm's qualification training.
US licensing & insurance · FINRA
FINRA SIE practice test
Free 25-question diagnostic · 35 min · full 75Q on Mock Pass
Sample SIE Full Mock practice questions
These sample items mirror the domains in the timed SIE Full Mock mock. Correct answers and explanations unlock inside the practice session.
Sample 1
A registered rep wants to borrow $20,000 from a customer who is her sister. Under FINRA rules, when is this permitted?
- A. Never, since reps may not borrow from any customer under any condition
- B. Only if the firm's written procedures allow loans of this type
- C. Always, since family loans fall outside FINRA rules entirely
- D. Only if the loan carries interest at or above the prime rate
Sample 2
A customer buys a high-yield corporate bond fund because its yield is much higher than an investment-grade fund's. Which risk mainly explains the higher yield?
- A. Credit (default) risk of lower-rated issuers
- B. Currency risk, since high-yield bonds are paid in foreign currency
- C. Regulatory risk, since high-yield funds are not SEC registered
- D. Call risk, since high-yield bonds can never be called
Sample 3
A Series 7 representative leaves the industry to raise her children. How long does her qualification stay valid without retaking the exam?
- A. Four years, the same validity period that applies to a passed SIE result
- B. One year, after which she must retake both the SIE and Series 7
- C. Indefinitely, because a passed exam never expires once registered
- D. Two years, or up to five under the Maintaining Qualifications Program
Sample 4
A small broker-dealer takes customer orders but does not hold customer cash or securities. It sends orders and customer accounts to another firm that executes, settles and keeps custody. What are the two firms called?
- A. Introducing firm and clearing firm
- B. Investment adviser and custodian bank
- C. Underwriter and selling group member
- D. Market maker and transfer agent
Sample 5
A retired customer is offered a non-traded REIT with a high stated distribution. Which risk deserves the most attention?
- A. Liquidity risk, since there may be no market to sell the shares
- B. Inflation risk, since REIT values cannot change once purchased
- C. Currency risk, since REIT distributions are paid in foreign currency
- D. Call risk, since the REIT may redeem shares when rates fall
What is the SIE Full Mock exam?
SIE Full Mock is an exam pathway administered under FINRA. Official SIE: 80 items (75 scored + 5 unscored pretest), 105 minutes, passing score 70 on FINRA's equated scale. This 75-question diagnostic mirrors the scored portion with a UniPrep2Go readiness target of 70%. Each attempt draws 75 questions in FINRA's section mix (12 / 33 / 23 / 7) from a 150-question original bank, so Mock Pass retakes see new questions. This UniPrep2Go page is an independent timed practice test — not official exam material.
Administered by: FINRA (official site ↗)
Official resources: FINRA SIE exam overview · SIE content outline (topic allocation) · FINRA qualification exams
Who this exam is for
SIE candidates, finance students, and career changers entering brokerage and securities roles who need a timed baseline before paying for a prep course.
How to prepare
Start with this free timed diagnostic to see which SIE Full Mock domains are weak, then review the published FINRA outline on the official site and drill missed topics with the linked Anki deck before exam day.
Confirm current fees, eligibility, and scheduling with FINRA before you book the real exam.
Topic outline
Core domains candidates usually study for SIE Full Mock: Knowledge of Capital Markets, Understanding Products and Their Risks, Understanding Trading, Customer Accounts, and Prohibited Activities, Overview of the Regulatory Framework.
Knowledge of Capital Markets
Understanding Products and Their Risks
Understanding Trading, Customer Accounts, and Prohibited Activities
Overview of the Regulatory Framework
About this free FINRA SIE practice test
A 75-question FINRA SIE diagnostic modeled on the scored portion of the official exam (the official SIE is 80 items — 75 scored + 5 unscored pretest — in 105 minutes). This mock runs 75 questions in 105 minutes with a UniPrep2Go readiness target of 70% (the official FINRA passing score is 70 on an equated scale, not a raw percentage), with weighted topic diagnosis across capital markets, products and risks, trading and accounts, and regulatory framework. No signup — your first mock is free, start when you are ready. If 105 minutes is too long for a first pass, use the 25-question SIE quick diagnostic first. After the report, drill weak topics in the linked $19 / 300-card Anki deck.
Built for: SIE candidates, finance students, and career changers entering brokerage and securities roles who need a timed baseline before paying for a prep course.
Topics on this practice test: Knowledge of Capital Markets, Understanding Products and Their Risks, Understanding Trading, Customer Accounts, and Prohibited Activities, Overview of the Regulatory Framework.
- 75 timed multiple-choice questions
- 105-minute pacing target
- UniPrep2Go readiness target: 70% with topic breakdown
- Full answer review after you submit
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.
Buy SIE Exam Anki deck to drill weak topicsOfficial Securities Industry Essentials (SIE) facts
Structure and domain weights candidates verify against the certifying body before exam day.
The Securities Industry Essentials (SIE) is a FINRA qualification exam for candidates entering the U.S. securities industry. This page summarizes exam structure, official topic weights, and independent UniPrep2Go study products (not official FINRA material).
- Questions
- 75 scored multiple-choice + 5 unscored pretest items = 80 total (pretest reduced from 10 to 5 on Oct 27, 2025)
- Time
- 1 hour 45 minutes (105 minutes)
- Passing score
- 70 on FINRA's equated scale (not a raw 70% of questions); pass/fail result at the test center
- Delivery
- Computer-based at Prometric test centers
- Administered by
- FINRA
Knowledge domains and weights
| Domain | Official weight |
|---|---|
| Knowledge of Capital Markets | 16% (12 of 75 scored items) |
| Understanding Products and Their Risks | 44% (33 of 75 scored items) |
| Understanding Trading, Customer Accounts, and Prohibited Activities | 31% (23 of 75 scored items) |
| Overview of the Regulatory Framework | 9% (7 of 75 scored items) |
High-yield facts (commonly tested)
- The SEC regulates securities markets and issuers; FINRA is the SRO overseeing broker-dealers and registered representatives.
- The MSRB writes rules for municipal securities dealers and municipal advisors.
- SIPC protects customer assets if a broker-dealer fails; it does not protect against market loss.
- A margin account lets a customer borrow from the broker to purchase securities; Reg T sets initial margin requirements.
- Market orders execute at the best available price; limit orders execute only at the specified price or better.
- Insider trading prohibitions apply to material nonpublic information about a security.
- The SIE is a prerequisite exam; passing it does not register a person with FINRA — a firm sponsorship is required for registration.
Verify current exam fees, scheduling, and administrative details at www.finra.org/registration-exams-ce/qualification-exams/securities-industry-essentials-exam-sie. Independent study aid — not official exam material.
FINRA SIE practice test — quick answers
Is there a free FINRA SIE practice test?
Yes — your first UniPrep2Go attempt is free, and it can be this one: a 25-question / 35-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 75-question / 105-minute mock runs on the $5 UniPrep2Go Mock Pass (5 attempts on any mock).
How many free attempts do I get on this FINRA SIE 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 FINRA SIE practice test?
This UniPrep2Go practice test has 75 multiple-choice questions timed against a 105-minute target. The free first attempt is a 25-question / 35-minute diagnostic with the same topic weights; the full session runs on Mock Pass. Official SIE: 80 items (75 scored + 5 unscored pretest), 105 minutes, passing score 70 on FINRA's equated scale. This 75-question diagnostic mirrors the scored portion with a UniPrep2Go readiness target of 70%. Each attempt draws 75 questions in FINRA's section mix (12 / 33 / 23 / 7) from a 150-question original bank, so Mock Pass retakes see new questions.
Why is the free FINRA SIE practice test 25 questions?
It is a diagnostic: 25 questions drawn by the same topic weights as the full 75-question mock — enough to rank your weakest topics, short enough to finish in 35 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 75-question / 105-minute mock.
What do I get for $5?
The UniPrep2Go Mock Pass: 5 full timed attempts on any UniPrep2Go mock, including the 75-question SIE Full Mock 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 FINRA SIE 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.
More FAQAdditional format, scoring, and disclaimer questions
- Who should take this FINRA SIE practice test?
- SIE candidates, finance students, and career changers entering brokerage and securities roles who need a timed baseline before paying for a prep course.
- Where can I take a FINRA SIE practice test online?
- UniPrep2Go hosts the SIE Practice Test — 75 Questions, Timed (Free 25-Question Version) at https://uniprep2go.study/mock-exams/sie-full-mock 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.
Guides for this exam
State rules, test-day logistics, and study plans that point back to this practice path.
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- FINRA SIE Exam Prep: Why Most People Fail and How to Avoid ItSIE exam pass rate is ~70% with retakes — first-timers fail for the same three reasons. What the exam tests, a 4-week study plan, plus 75Q timed mock (free 25-question version).