Series 24 Exam Calculator Rules
- April 1, 2025
- Posted by: 'FINRA Exam Mastery'
- Category: Finance
š§® Series 24 Exam Calculator Rules
Understanding what tools you canāand cannotāuse during the Series 24 exam is essential for a smooth testing experience. While the exam is mostly conceptual and regulation-focused, you may encounter a few math-based questions involving markups, commissions, or margin calculations. Hereās what you need to know about calculator use on test day.
š„ļø Is a Calculator Allowed?
Yesābut only the one provided on screen.
- You cannot bring your own calculator, phone, smartwatch, or any other device.
- The exam uses a basic four-function calculator embedded in the computer testing interface.
- This calculator includes functions for addition, subtraction, multiplication, and division only.
š Prohibited Devices
The following items are strictly forbidden in the exam room:
- Personal calculators (scientific or basic)
- Phones and smart devices
- Notes or formula sheets
- Programmable electronics or external memory tools
Attempting to use these items may result in immediate disqualification and regulatory reporting.
š§ Do You Need a Calculator for Series 24?
While math is a small portion of the exam, expect questions involving:
- Markup/markdown percentages
- Net proceeds and commissions
- Spread calculations in underwriting
- Basic margin requirements
These are simple numerical questions, and the on-screen calculator is more than sufficient.
š Tips for Managing Math on the Exam
- Use the dry-erase board provided at the testing center to organize your work
- Practice with a basic calculator during your prep so you’re familiar with the simplicity of the test version
- Memorize key formulas (e.g., markup = (ask – bid) / bid Ć 100) ahead of time
- Keep calmāthe math will be straightforward if you know the concepts
ā Final Checklist for Exam Day
- Arrive early with valid photo ID
- Leave personal itemsāincluding calculatorsāoutside the testing room
- Familiarize yourself with the on-screen tools, including the calculator and flag/review functions
- Focus more on rule interpretation and supervisory proceduresāthe core of Series 24
š Prepare with the Tools That Matter
Our Series 24 prep course is packed with real exam simulations, FINRA rule drills, and calculation practice to help you pass with confidenceāno personal calculator needed.
Start now at finra-exam-mastery.com