General Securities Representative Examination (Series 7): Free Mock Test & Practice Questions

General Securities Representative Examination (Series 7)

This qualification is required for individuals who wish to become registered representatives (stockbrokers) at a FINRA member firm. Passing the exam grants the license to solicit, purchase, or sell a broad range of securities products, including stocks, bonds, mutual funds, and options.

Pass mark 72/40 225 minutes Real test fee approx $300 Financial Industry Regulatory Authority (FINRA) How many can I get wrong?

Little and often beats one big session. Five minutes on the bus counts.

Free practice questions

Try 3 real General Securities Representative Examination (Series 7) questions

Have a go, then reveal the worked explanation. A taster from a bank of 219 original questions — unlock for unlimited drills and full timed mocks.

Q1. An American Depositary Receipt (ADR) is exposed to which type of risk that is not typically associated with domestic stock ownership?

A. Business risk
B. Interest rate risk
C. Currency risk
D. Liquidity risk

Show answer & explanation

✓ Answer: C. Currency risk

ADRs represent shares of a foreign company. The value of the ADR can fall if the currency of the foreign country depreciates relative to the U.S. dollar, even if the stock price in its home currency remains stable.

Q2. An investor purchases a 5% corporate bond that pays interest on February 1st and August 1st. The trade settles on October 10th. How many days of accrued interest does the buyer owe the seller?

A. 69 days
B. 70 days
C. 72 days
D. 75 days

Show answer & explanation

✓ Answer: A. 69 days

Corporate bonds use a 30/360 day-count convention. From the last payment date (Aug 1), the days are: August (30 days) + September (30 days) + October (9 days) = 69 days of accrued interest.

Q3. A client is warned about the risks of a 3x inverse leveraged ETF. This means that if the underlying index increases by 1% on a given day, the ETF's value is expected to:

A. increase by 3%.
B. decrease by 3%.
C. increase by 1%.
D. decrease by 1/3%.

Show answer & explanation

✓ Answer: B. decrease by 3%.

Inverse leveraged ETFs seek to provide a multiple of the opposite of an index's daily performance. A 3x inverse fund aims to return -3% for every +1% move in the index on a single day.

Start here

Ten questions to see where you stand

Two minutes, no timer, marked the moment you finish with every answer explained. Then you'll know which topics need the work before you sit a full mock.

Exam mode

Full mock exam

40 random questions, real timing, marked against the official pass mark. Different every time.

Create a free account for a full mock

No card needed. A free account unlocks a full timed mock and 3 drills on every exam.

Practice material only. This is revision practice, not official training, assessment or certification, and not a substitute for the required course or supervised experience. Always confirm the current requirements with the official awarding body or test provider before relying on it.

Try it free

Topic drills

Ten quick questions on one topic, marked instantly with explanations.

1 free drill left — then a free account unlocks 3 + a full mock.

General Securities Representative Examination (Series 7) — common questions

Frequently asked

How many questions are in the General Securities Representative Examination (Series 7)?

The exam has 40 questions. Every Revision Robin mock uses the same 40-question format so your practice matches the real thing.

What is the pass mark for the General Securities Representative Examination (Series 7)?

You need 72 out of 40 correct to pass, which is about 180%. Our mocks mark you against this exact threshold.

How long do you get?

The test is timed at 225 minutes. Our full mock runs on the same clock so you can practise your pacing.

Are these the real exam questions?

No. Our questions are original and written to match the current syllabus, so they give realistic practice without copying the official paper. Every answer comes with a plain-English explanation. Always confirm current rules and content with Financial Industry Regulatory Authority (FINRA).

How much does the official test cost?

The official Financial Industry Regulatory Authority (FINRA) fee is approx $300. Revision Robin practice is separate and helps you pass first time so you only pay that fee once.