How Much Does the SIE Exam Cost?
- April 1, 2025
- Posted by: 'FINRA Exam Mastery'
- Category: Finance
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๐ฐ How Much Does the SIE Exam Cost?
The Securities Industry Essentials (SIE) Exam is the entry-level FINRA exam required for anyone looking to begin a career in the securities industry. Itโs often the first step toward becoming a registered representative, and one of the most common questions from prospective candidates is: How much does the SIE exam cost?
Hereโs a full breakdown of the exam fee, whatโs included, and additional costs to consider.
๐ต SIE Exam Cost (2025)
- Official Exam Fee: $80 USD
- Payable To: FINRA at the time of registration
- โ This fee is non-refundable and covers one testing attempt
๐งพ What the Fee Covers
- 1 exam attempt (within a 120-day enrollment window)
- Online scheduling through Prometric
- Option to test at a Prometric center or via remote proctoring
- Immediate exam results upon completion
๐ง Additional Costs to Expect (Optional but Recommended)
Item | Estimated Cost Range |
---|---|
SIE Exam Prep Course | $60 โ $200 |
Flashcards / Mobile Apps | Free โ $50 |
Full-Length Practice Exams | $30 โ $100 |
Textbook / Study Guide | $40 โ $120 |
๐ก Some providers bundle these into all-in-one study packages for efficiency and savings.
๐ผ Who Pays for the SIE?
- Individuals not affiliated with a FINRA firm: You must pay the fee yourself at FINRA’s SIE enrollment page.
- Firm-sponsored candidates: If your firm sponsors your licensing, they may cover the cost directly by submitting Form U4 and funding it via their FINRA Flex-Funding Account.
๐ What If You Need to Retake the SIE?
- You must pay the $80 fee again for each retake
- 30-day wait required after the first and second failures
- 180-day wait after the third failed attempt
๐ Final Summary
Exam | Fee | Retake Fee | Who Pays? |
---|---|---|---|
SIE Exam | $80 | $80 per retake | You or your sponsoring firm |
๐ Start Your SIE Registration
Know the cost. Budget smart. Begin your career with confidence.