Series 7 Exam Prep Course

A completely free, comprehensive course covering everything on the FINRA Series 7 (General Securities Representative) exam. Master equity and debt securities, options, municipal bonds, packaged products, margin, and regulatory compliance with worked examples, concept checks, and interactive tools.

30
Lessons
1492
Minutes

Ready to test your knowledge?

Practice Tests & Q-Bank

What's Included — Free

30 In-Depth Chapters Covers all 4 FINRA functions: seeking business (7%), opening accounts (9%), investment products & records (73%), and transaction processing (11%) — mapped directly to the official content outline.
Worked Examples Throughout Step-by-step walkthroughs for options P&L calculations, margin math, municipal yield calculations, convertible bond parity, and more — each with exam trap callouts.
Concept Checks on Every Chapter Embedded quiz questions with detailed explanations to reinforce key concepts as you learn — aligned to the same sub-topics as the practice exam bank.
Interactive Visual Tools Options P&L diagrams, margin calculation walkthroughs, yield curve visualizers, and more — embedded directly in the chapters where you need them.
FINRA-Tested Regulatory Detail Exact dollar thresholds, filing deadlines, Reg BI requirements, margin rules, settlement cycles, and the specific rule numbers the exam targets.
Exam Tips & Common Traps Callouts on the traps FINRA sets most often — options tax treatment, margin call mechanics, CMO prepayment vs. extension risk, municipal TEY calculations, and more.
1:1 Chapter-to-QuizBuilder Mapping Every chapter maps exactly to one sub-topic in our 5,800+ question bank. Finish a chapter and immediately drill that precise topic — no hunting, no guessing.
Function 3 — Deep Coverage 73% of the exam is Function 3. Our 19 product chapters cover equities, every debt type, options (4 internal sections), municipals, packaged products, DPPs, REITs, hedge funds, suitability, portfolio analysis, and tax treatment.

About the Series 7 Exam

The Series 7 (General Securities Representative Qualification Exam) is the flagship FINRA license for registered representatives. It's the highest-volume qualification exam in the securities industry and is required for anyone who sells the full range of securities products — equities, bonds, options, mutual funds, and more. The SIE exam is a corequisite.

130 Questions
125 scored + 5 unscored
3 Hours 45 Min
Exam time limit
72% to Pass
90 of 125 scored questions
$395 Fee
FINRA exam fee

How to prepare:

  1. Learn the material — Work through this free course starting with the highest-weighted topics. Function 3 (Investment Products & Records) is 73% of the exam — begin there.
  2. Master the calculations — Options P&L, margin math, municipal yield calculations, and convertible bond parity are heavily tested. Drill worked examples until the mechanics are automatic.
  3. Test your readiness — Take timed practice exams under real conditions. Our 5,800+ question bank covers all 30 sub-topics. Aim for 80%+ consistently before scheduling.
  4. Focus on options and municipals — These two areas (854 and 792 QuizBuilder questions respectively) are where most candidates lose points. Give them outsized study time relative to their exam weight.

Covers how registered representatives communicate with the public and bring new securities to market. This function accounts for 7% of the Series 7 exam (approximately 9 questions).

Communications with the public
52 min
New issues and underwriting
54 min

Covers the account-opening process, customer identification requirements, retirement plans, and suitability obligations under Reg BI. This function accounts for 9% of the Series 7 exam (approximately 11 questions).

Account types and registrations
41 min
Customer identification, KYC, and AML compliance
30 min
Account approvals and documentation
25 min
Retirement plans and tax-advantaged accounts
53 min
Suitability and Reg BI obligations
30 min

The core of the Series 7 — covering the full product knowledge spectrum: equities, debt, options, municipal securities, packaged products, alternative investments, portfolio analysis, and tax treatment. This function accounts for 73% of the exam (approximately 91 questions).

Equity securities
59 min
Debt securities fundamentals, structured products, and money market instruments
64 min
Corporate bonds
51 min
U.S. Treasury securities
46 min
U.S. government agency securities (GNMA, FNMA, FHLMC)
41 min
Municipal securities
80 min
Municipal fund securities (529 plans, Coverdell ESAs, and ABLE accounts)
25 min
Asset-backed securities and CMOs
47 min
Packaged products — investment companies, ETFs, and UITs
86 min
Direct participation programs (DPPs)
49 min
Real estate investment trusts (REITs)
36 min
Hedge funds and alternative investments
36 min
Options
82 min
Customer-specific suitability factors
57 min
Portfolio analysis and asset allocation
49 min
Fundamental, technical, and market analysis
52 min
Investment risk and product disclosures
41 min
Tax treatment of securities transactions
52 min
Customer confirmations and account statements
42 min

Covers order execution, market structure, trade settlement, margin accounts, and regulatory compliance. This function accounts for 11% of the Series 7 exam (approximately 14 questions), with margin calculations being a consistently high-difficulty area.

Order types, execution, and best execution
43 min
Trade processing, reporting, and settlement
59 min
Margin accounts and calculations
63 min
Prohibited practices, regulatory compliance, and dispute resolution
47 min

Frequently Asked Questions

Is this Series 7 course really free?

Yes — all 30 chapters are completely free with no account required. The course includes worked examples, concept checks, exam tips, and interactive visual tools at no cost. Practice exams are available separately for $2 each, or $45 for the full 11-exam package with 5,800+ QuizBuilder questions.

What makes this different from Kaplan, Achievable, or STC?

Every competitor charges $99–$599 for Series 7 prep. This course is free, covers all 30 sub-topics with a strict 1:1 chapter-to-QuizBuilder mapping, and pairs with the most affordable practice exam suite in the market. 5,800+ questions at $45 beats Kaplan's ~3,000 questions at $299 by any measure.

Do I need to pass the SIE first?

The SIE is a corequisite — you must pass both the SIE and Series 7 to obtain the General Securities Representative registration. You can take them in either order, but most candidates pass the SIE first since its content overlaps significantly with Series 7 fundamentals.

Does this cover everything on the Series 7 exam?

Yes. The course covers all 4 FINRA functions across 30 chapters: Seeks Business (7%), Opens Accounts (9%), Investment Products & Records (73%), and Transaction Processing (11%). Every chapter maps exactly to one sub-topic in the official content outline.

Is it up to date for 2026?

Yes. The course reflects current FINRA rules including Regulation Best Interest (Reg BI), T+1 settlement, and the latest exam content outline. Content is reviewed and updated regularly.