Securities licensing exams

Roughly 1 in 3 first-time takers fails the Series 65.

The pass line is 92 of 130. Most candidates never face exam-length, exam-weighted, exam-timed questions until the real thing. That's the gap we close.

14 minutes · exam-difficulty questions · scored by section · no account, no card · results to your inbox. Or see the numbers · ready now? full access from $69.

Pass rates & pass lines, without the spin

Two kinds of numbers get mixed up constantly. The passing score is official — published by the regulators, fixed, non-negotiable. The pass rate mostly is not: NASAA publishes no pass-rate statistics for its exams, so every Series 63/65/66 figure you see online is an estimate. We label which is which.

ExamPassing score officialFirst-time pass rate
Series 65Investment Adviser Law (NASAA) · full breakdown → 92 / 130  (~71%) ~65–70% estimate
Series 66Combined State Law (NASAA) · practice exams → 73 / 100  (73%) ~65–70% estimate
Series 63Securities Agent State Law (NASAA) 43 / 60  (72%) ~70% estimate
SIESecurities Industry Essentials (FINRA) 70% 74% FINRA, 2019 disclosure
Series 7General Securities Representative (FINRA) · practice exams → 90 / 125  (72%) 71% FINRA, 2019 conference

Where these numbers come from: Passing scores are published in the official NASAA and FINRA exam specifications. The SIE and Series 7 pass rates are the most recent figures FINRA has disclosed publicly (2019: 74% first-time SIE across 58,264 candidates; 71% Series 7 pass-through, Oct 2018–Mar 2019); FINRA does not publish updates on a regular schedule. NASAA has never published pass rates for the Series 63, 65, or 66 — the estimates shown are the consensus range reported by exam-prep providers from their own student data, and no regulator stands behind them. Treat estimates as directional, and the passing score as the number that matters: it's fixed, and it's what our mock exams grade you against. Passing scores and pass-rate status for every FINRA and NASAA exam →

Now available

Learn it section by section. Then prove it in a full simulation.

Quiz-based learning that mirrors how the exam is built: focused 20-question quizzes for each of the four sections, then a full exam simulation — 140 questions in 3 hours, including 10 unmarked, unscored pretest questions, exactly like the real thing.

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Economic factors · 20 q Investment vehicles · 32 q Client recommendations · 39 q Laws & regulations · 39 q

Every mock exam follows this exact distribution — the one printed in the official exam specifications.

Section quizzes to learn by

Drill each section with fresh 20-question timed quizzes drawn from a 1,000-question original bank. Every answer ends with a plain-English explanation, so a miss becomes a concept you keep.

A true full-exam simulation

140 questions on a fixed 3-hour clock — 130 scored at the official section weighting plus 10 unmarked pretest questions, just like exam day. Flag, skip, and return like the testing-center software.

Scored against the pass line

Simulations grade you against the actual standard — 92 of 130 scored questions — and break results down by section so you know exactly what to study next.

Real pacing, on a clock

The exam gives you about 83 seconds per question. Quizzes and simulations run the same rate, so exam-day pacing is a habit, not a surprise.

Series 66 Mock Exams are live — same simulator, a 1,200-question bank written to the June 2023 outline, 110-question simulations against 73/100. Series 66 practice exam → Series 7 Mock Exams too: 130-question, 225-minute simulations against the 72% line. Series 7 practice exam → Series 63 and SIE are next.

Founded by Pranjal Mittal, who passed the Series 65 in 2026. About ExamPassRate →

Pass guarantee

An investment adviser can't guarantee results — Series 65 candidates know that rule cold. A test-prep service can, and ExamPassRate does. Complete two full-length simulations at 92/130 or better, sit the exam inside your access window, and if you don't pass, we refund your purchase. Mock Exams and Complete Prep. Conditions.

Sitting the exam in 2026? Use code EXAMSOON at checkout for 25% off any plan — through December 31.

Mock Exams

$69 one-time

with code EXAMSOON: $51.75

  • 1,000+ original questions, weighted to the NASAA outline
  • Unlimited timed sittings — full 140-question, 3-hour simulations with real pretest mechanics, plus 65-question half-length and 20-question quick sittings for shorter days
  • Unlimited 20-question section quizzes, scored against the 92/130 pass line
  • Pass guarantee — sit the exam after two full simulations at the pass line; fail anyway and we refund you
  • Frequently Tested Concepts review
  • Untimed study mode

Best value — save $39

Complete Prep

$99 one-time

with code EXAMSOON: $74.25

  • Everything in both — full, half-length, and quick timed sittings, section quizzes, review, and study mode
  • One workflow: review a section → drill it untimed → prove it in a timed simulation
  • Bought separately the two cost $138 — together they're $99
  • Pass guarantee — sit the exam after two full simulations at the pass line; fail anyway and we refund you

Crash Course

$69 one-time

with code EXAMSOON: $51.75

  • Frequently Tested Concepts — section-by-section review of what the exam tests most
  • Untimed study mode — the answer and a plain-English explanation after every question
  • Timed mock exams and section quizzes

Also available · Series 66 Mock Exams — $69 one-time

Taking the 66 instead? The same simulator with a 1,200-question bank written to the June 2023 Series 66 outline: 110-question, 150-minute simulations scored against 73/100, section quizzes, pass guarantee. What's inside →

Also available · Series 7 Mock Exams — $69 one-time

The General Securities Representative exam: a 1,200-question bank across FINRA's four job functions, 130-question, 225-minute simulations scored against the 72% line, options and margin math with worked explanations, pass guarantee. What's inside →

Secure payment by Stripe. One-time — no subscription, no auto-renewal. All plans: 3 months of access on up to 5 devices. Pass guarantee on Mock Exams and Complete Prep; 24-hour refund if it's not for you. Own one half and buy the other later with the same email? They combine automatically.

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