Exam comparison
Series 6 vs Series 63
A product exam and a state-law exam — usually “and,” not “or”. Most reps need both. Here's how they compare.
| Series 6 | Series 63 | |
|---|---|---|
| Regulator | FINRA | NASAA (state law) |
| What it covers | Mutual funds, variable annuities, variable life | Uniform Securities Act & state rules |
| Prerequisite | SIE corequisite + firm sponsorship | No SIE required |
| Questions | 50 scored | 60 scored |
| Time | 90 minutes | 75 minutes |
| Passing score | About 70% | 43/60 (~72%) |
Why it's usually both
The Series 6 is a FINRA license that lets you sell packaged products — mutual funds, variable annuities, and variable life. But selling those products in a given state also means registering there, which is what the Series 63 (a NASAA exam on the Uniform Securities Act and state rules) covers. That's why the 6/63 combination is common for insurance-based reps: the Series 6 to sell, the Series 63 to register. Mapping out your whole path? See the full license guide.
Prep for both — or either.
Finance Exam Pro covers the Series 6, Series 63, and every other securities and insurance license, with guided lessons, original questions, and mock exams. Start free.
Finance Exam Pro is not affiliated with FINRA, NASAA, or any exam sponsor. Practice questions are original and are not actual exam questions. Exam specs can change — confirm current details with FINRA and NASAA.