Does my firm pay for the Series 22?

Usually, yes. The Series 22 requires you to be associated with and sponsored by a FINRA member firm, and that sponsoring firm typically covers the exam fee — so your out-of-pocket cost is often $0.

How much does a Series 22 retake cost?

You pay the full $100 fee again for every attempt, plus the mandatory waiting period between tries.

Do I also pay for the SIE?

The Series 22 has the SIE as a corequisite, which carries its own exam fee. Most candidates budget for — or have their firm cover — both.

Series 22 · Costs

How much does the Series 22 exam cost?

Q: How much does the Series 22 exam cost?

As of 2026 the Series 22 exam fee is $100, paid to FINRA when you enroll. Confirm the current fee with FINRA before you register, as fees change.

As of 2026, the Series 22 exam fee is $100, paid to FINRA at enrollment. Here's who actually pays it — and why that fee is the smallest number that matters.

$100

FINRA exam fee · as of 2026

The Series 22 fee, up front

The Series 22 (Direct Participation Programs Representative) exam fee is $100 as of 2026, paid to FINRA when you enroll. To sit for it, you must be associated with and sponsored by a FINRA member firm, and it's taken alongside the SIE as a corequisite. Fees change, so confirm the current fee with FINRA before you register.

What the Series 22 actually costs

Exam fee (as of 2026), paid to FINRA at enrollment.$100

Who pays it: since the Series 22 requires sponsorship by a FINRA member firm, that firm usually covers the fee — so your out-of-pocket is often $0.

Retakes: you pay the full $100 again for each attempt, on top of the required wait between tries.

Also budget the SIE: its corequisite carries its own fee. Optional prep for either is extra.

The real cost is failing

The $100 fee is small compared to the cost of failing: another $100 retake, a mandatory waiting period, and delay in getting registered. That's why good Series 22 prep pays for itself the first time. Not sure the Series 22 is the license you need? Check the license guide or compare every exam's cost.

Pass the Series 22 the first time.

Original practice questions, guided lessons, and realistic mock exams — so the only Series 22 fee you ever pay is the first one. Start free.

Series 22 prep Start free

Disclosures

Finance Exam Pro is not affiliated with FINRA. Practice questions are original and are not actual exam questions. Exam fees and specs can change — confirm current details with FINRA.

The Series 22 fee, up front

What the Series 22 actually costs

The real cost is failing

Pass the Series 22 the first time.

Disclosures

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