How Much Does Each FINRA Exam Cost in 2025?
- April 1, 2025
- Posted by: 'FINRA Exam Mastery'
- Category: Finance
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โAs of 2025, the fees for FINRA and NASAA qualification exams are as follows:โ
๐ FINRA Exams
- Securities Industry Essentials (SIE): $80
A foundational exam required for all prospective securities industry professionals. โFINRA - Series 6 โ Investment Company and Variable Contracts Products Representative: $75
Qualifies individuals to sell mutual funds, variable annuities, and insurance premiums. โFINRA - Series 7 โ General Securities Representative: $300
Authorizes the holder to sell a broad range of securities, including stocks, bonds, options, and more. โFINRA - Series 24 โ General Securities Principal: $120
Required for individuals who supervise or manage branch activities. โ
๐ NASAA Exams (Administered by FINRA)
- Series 63 โ Uniform Securities Agent State Law Exam: $147
Covers state securities regulations and laws; often required in addition to the Series 6 or 7. โ - Series 65 โ Uniform Investment Adviser Law Exam: $187
Qualifies individuals to act as investment adviser representatives. โInvestopedia+1FINRA+1 - Series 66 โ Uniform Combined State Law Exam: $177
Combines Series 63 and 65; designed for individuals who have passed the Series 7 and wish to become both securities agents and investment adviser representatives. โInvestopedia
๐ก Additional Notes
- Retake Fees: If you need to retake an exam, you’ll be required to pay the full exam fee again.โ
- Sponsorship Requirements: While the SIE can be taken without firm sponsorship, most other exams (e.g., Series 6, 7, 24) require you to be sponsored by a FINRA-member firm.โ
- Enrollment Period: Once enrolled, you typically have a 120-day window to schedule and take your exam.โ
For more detailed information on exam fees and requirements, you can visit the FINRA Qualification Exams page.
If you’re preparing for any of these exams, our comprehensive study materials and courses at FINRA Exam Mastery are designed to help you succeed on your first attempt.