Series 55 Exam or Equity Trader Qualification Examination
Series 55, currently known as the Series 57 exam is regulated by the Financial Industry Administrative Authority (FINRA). Passing the Series 57 will give an individual the capabilities important to exchange value and convertible obligation securities as a main or operator what's more, to enroll as a securities dealer.
The exam measures how much every competitor has the information, abilities and capacities expected to play out the basic elements of a Securities Trader.
Syllabus of the Series 55 Exam or Series 57 Exam
The exam depends on the four noteworthy useful regions:
Work 1—Market Overview and Products - 22 questions
Work 2—Engaging in Professional Conduct and Adhering to Regulatory Requirements - 12 questions
Work 3—Trading Activities - 79 questions
Work 4—Maintaining Books and Records and Trade Reporting - 12 questions
Format of the exam Series 55 Exam or Series 57 Exam
The exam comprises of 125 scored questions and an extra 10 unscored pretest questions.
Competitors are given 3 hours and 45 minutes to finish the exam.
The test director will give whiteboard/dry eradicate marker and fundamental electronic number crunchers to the applicants, which must be come back to the test focus manager toward the finish of the testing session. Some test questions include estimations. Just the gave number crunchers might be utilized amid the examination.
The cost for the examination is $120. It would be ideal if you take note of this is the examination expense just, other charges may likewise apply. If you don't mind visit the official site for point by point data. A score of 70% on the other hand higher is expected to pass the Series 55 exam.
Series 55 test-taking tips!
Read the full question before replying
Recognize what really matters to the question
Distinguish catchphrases and expressions
Keep an eye out for principle provisos, for instance, with the exception of and not
Wipe out wrong answers
Recognize synonymous terms
Be cautious while changing answers
Study Guide And Test Preparation For Series 55 Exam
A Complete Series 55 Exam Study Guide that includes sample questions, test tips and a complete study plan prepared by a team of expert and dedicated researchers. Cost-effective and qualified exam help from a committed exam preparation company.