SIE
- Questions
- 75 scored + 5 unscored
- Time
- 1h 45m
- Passing score
- 70
- Fee
- $100
- Who can sit
- Open to anyone 18 or older. No firm sponsor needed.
Sources: FINRA SIE exam page · FINRA fee schedule SR-FINRA-2024-019 (checked Oct 27, 2026)
you versus SIE
SIE exam format
Play round 1What the outline covers
- S1 Knowledge of Capital Markets12 q
- S2 Understanding Products and Their Risks33 q
- S3 Understanding Trading, Customer Accounts and Prohibited Activities23 q
- S4 Overview of the Regulatory Framework7 q
Source: SIE Content Outline (2025)
Retake waits
| Wait | Now (through Jan 18, 2027) | From Jan 19, 2027 |
|---|---|---|
| After a 1st failed attempt | 30 days | 15 days |
| After a 2nd failed attempt | 30 days | 15 days |
| After a 3rd or later failed attempt within 2 years | 180 days | 60 days |
Waits are calendar days. Failures older than 2 years don't count. Source: FINRA Regulatory Notice 26-18 (checked Oct 14, 2026).
Drills
01
Positive vs. Negative
Real exam questions, answered straight away. Best fit, or the one that is NOT?
Free to try02
Tripwire
Catch EXCEPT, NOT and LEAST before they catch you.
Free to try03
T-Chart Lab
Drag premiums into money out and money in. The payoff graph draws live.
In the app04
Best vs. Legal
Two answers are allowed. Pick the better one, then say why.
In the app05
Number Sense
Estimate first, then compute: yields, margin, accrued interest.
In the app06
Autopsy
Tag each miss. Each tag gets its own fix and a spaced review.
In the app07
Rank the File
A client file and four products. Rank them best to worst.
In the app08
Say It Back
Explain the rule in your own words.
In the app
Don't pass? Show us your attempt and we'll extend your access to your next test date plus 30 days, free.
One extension per failed attempt, on your own account. Send a score-report screenshot with personal IDs covered. We delete it after checking. We extend access, not results. No pass outcome is guaranteed.