Is the series 63 difficult?
How hard is the Series 63 exam? Expect the Series 63 to be challenging, mainly because of the short amount of time you have to complete the questions. You only have 75 minutes, so if you spend more than a minute and 15 seconds on each question, you can fall behind quickly.
What is the pass rate for Series 63?
98.36%
The Series 63 pass rate was 98.36%, and the Series 66—one of the most difficult exams—had a pass rate of 88.46%. The firm’s overall pass rate across all exams was 99%.
How long does it take to study for Series 6 and 63?
How much time does it take to study for the Series 6 top-off? Most candidates spend 40 to 60 hours studying for the FINRA Series 6 exam.
Is the 63 easier than the SIE?
Overall, this exam should not be as challenging as the SIE Exam, but don’t take it lightly. Ultimately, aim for the mid 80% range in your scores like the other FINRA exams and you should be ok! With that said, next we take a look at the components of the Series 63.
Which test is harder Sie or Series 6?
Overall, the Series 6 difficulty level is somewhat comparable to the SIE exam difficulty. Both tests are certainly digestible, but require enough memory work to weed out anyone not willing to put in sufficient effort. It takes most of our students about 1 to 1.5 months to study for the exam.
What can I do with a Series 6 and 63?
Often paired together, the Series 6 and 63 licenses will allow you to sell securities such as mutual funds, variable annuities, and investment trusts in all states.
What can I do with a Series 6?
With a Series 6 license, you are able to sell mutual funds, variable annuities, variable life insurance, unit investment trusts (UITs), and municipal fund securities. The Series 6 is often seen as the ideal companion license for those in the insurance industry.
How hard is the series 63 exam?
The Series 63 Exam is hard enough. We recommend that you hit the hardest sections quick so that you have time to learn them thoroughly. As mentioned above, deciphering between state registered vs federally covered can be confusing.
How many times can you take the series 63?
A person can retake the Series 63, 65 or 66 exam an unlimited number of times, so long as applicable waiting period requirements have been met, according to the North American Securities Administrators Association (NASAA).
What is Series 63 exam?
What is a Series 63 Exam. The Series 63 Exam, also called the Uniform Securities Agent State Law Examination, is a qualification exam administered year round by the Financial Industry Regulatory Authority or FINRA. Successful completion of this exam certifies the candidate in question to work as a securities agent.
How to get Series 63?
Take and pass the SIE exam.