How Many Times Can You Retake the Series 7 Exam?
- April 1, 2025
- Posted by: 'FINRA Exam Mastery'
- Category: Finance
đ„ How Many Times Can You Retake the Series 7 Exam?
Failing isnât the endâitâs part of the process.
If you donât pass the Series 7 exam on your first try, donât worryâyouâre allowed to retake it. However, FINRA enforces specific waiting periods and retake limits that you must follow.
đ Series 7 Retake Rules
Attempt | Waiting Period Before Retake |
---|---|
1st failure | 30 calendar days |
2nd failure | 30 calendar days |
3rd failure (and beyond) | 180 calendar days between each attempt |
â
Thereâs no lifetime limit on how many times you can retake the exam.
đ« But after your third failed attempt, every retake requires a 6-month wait.
đ° Do You Have to Pay Each Time?
Yes. Each retake requires a new exam fee (currently $245 for the Series 7). Your firm sponsor must re-register you through Form U4.
đ Important Notes
- Your sponsor must remain active throughout the process.
- Changing firms may reset sponsorshipâcoordinate with your employer.
- Prepare more strategically for each attemptârepeat failures delay your licensing timeline significantly.
đŻ Pro Tip
Use your fail report to identify weak areas, and adjust your study plan accordingly. Many candidates pass on the second try after targeted prep.
đ Ready for a Smarter Retry?
Our Series 7 prep program includes targeted drills, diagnostic quizzes, and full-length simulationsâwith lifetime access.
đ Start again at finra-exam-mastery.com
Failing once isnât failing foreverâitâs just the first step toward passing.