Series 63 guide
What is the Series 63 exam?
The Uniform Securities Agent State Law exam — the state-law license that lets you transact securities business with the public.
| Scored questions | 60 (plus unscored pretest) |
| Time limit | 75 minutes |
| Passing score | 43 of 60 correct (about 72%) |
| Administered by | NASAA (delivered via FINRA) |
| Sponsor / corequisite | No SIE corequisite; taken with a rep registration |
What it covers
The Series 63 is built on the Uniform Securities Act: the regulation of broker-dealers, agents, investment advisers and their representatives; the registration of securities; and — most heavily — ethical practices and prohibited conduct. It's a focused state-law exam, not a products or analysis exam.
Where it fits
Most representatives pair the Series 63 with the SIE and either the Series 6 or Series 7. Deciding between the 63 and the 65? Compare them here, or try a free Series 63 practice test.
Prep for the Series 63.
Original, exam-level questions on the Uniform Securities Act and ethics — every answer explained with the rule behind it. Start free.
Finance Exam Pro is not affiliated with NASAA or FINRA. Practice questions are original and are not actual exam questions. Exam specs can change — confirm current details with NASAA.