Free, exam-style practice for the Securities Industry Essentials exam — the full question bank with an explanation on every answer, practice by chapter or function, and a full-length timed mock exam. No account needed to start.
1,000+ questions · practice by chapter or function · a full-length timed mock exam · free to start
Pick a mode, answer one question at a time, and learn the reasoning behind every choice — the part that makes it stick.
A quick 10-question mix, a single chapter, or one of the four FINRA exam functions when you want to drill a weak area.
See right away whether you were correct, with a plain-English explanation of why the answer is what it is — and why the traps are wrong.
A score breakdown by exam function shows exactly which areas need another pass before test day.
Drill a quick mix weighted like the real SIE, a single chapter, or one of the four exam functions — as many free rounds as you want.
A full 75-question mock under the real 1-hour-45 clock, weighted like the actual SIE, with a scored pass/fail report and a full answer review.
See your accuracy and mastery by exam function, spot your weak areas, and pick up where you left off — saved on your device, synced if you sign in.
Every question carries a rationale written to clear up the exact confusion the SIE likes to test — not a one-line answer key.
Each question and its answer was independently checked against the source material before it went online. Accuracy is the whole point.
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Kerr Prep strips FINRA and NASAA exam content down to the core that actually shows up on test day. The method is simple: clear explanations, realistic questions, and honest feedback on what you've mastered and what you haven't.
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The Securities Industry Essentials (SIE) exam is FINRA's introductory, foundation-level qualification. It tests basic knowledge of the securities industry: terminology, products and their risks, market structure, regulators, and prohibited practices.
The SIE has 75 scored multiple-choice questions, each with four answer choices. Five additional unscored pretest questions are mixed in (80 total). You get 1 hour and 45 minutes, and there's no penalty for guessing — so answer every question.
You need a 70% or higher to pass. A passing result is valid for four years.
The 75 scored questions span four content areas, called Functions: Knowledge of Capital Markets (16%), Understanding Products and Their Risks (44%), Understanding Trading, Customer Accounts and Prohibited Activities (31%), and Overview of the Regulatory Framework (9%). The practice quiz follows the same weighting.
No. The SIE is open to anyone 18 or older — including students and career-changers. You don't need to be associated with a broker-dealer. Note that passing the SIE alone doesn't register you with FINRA; a representative-level exam is also required.
Ten questions, a few minutes, real explanations. See where you stand right now.
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