Is the Series 6 hard to pass?

What Is the Series 6 Exam Pass Rate? The Financial Industry Regulatory Authority (FINRA) recently reported a 59\% pass rate for first-time exam takers. If you do not pass the Series 6 exam, you will have to wait 30 days before you are eligible to take it again.

Is the Series 6 a hard test?

The Series 6 is a tough exam, especially for those who find it is their first introduction to the world of securities. In this article, we’ll give you six additional easy tips on how to approach the information and proven techniques for studying for and taking the test.

What is the pass rate of the Series 6 exam?

70\%
The passing score for the exam is 70\%. Because the Series 6 top-off exam just went live in October 2018, a pass rate has not been announced. However, in our most recent customer surveys, 90\% of respondents have reported passing the Series 6 exam after using Kaplan prep materials.

How much harder is the Series 6 than the SIE?

Overall, the Series 6 difficulty level is somewhat comparable to the SIE exam difficulty. Both tests are certainly digestible, but require enough memory work to weed out anyone not willing to put in sufficient effort. It takes most of our students about 1 to 1.5 months to study for the exam.

Is the Series 6 or 7 harder?

The Bottom Line Of the two, the Series 7 is the tougher but more comprehensive exam. It allows you to deal with almost any type of security, from stocks to bonds to investment trusts and funds, that a professional or retail investor would want.

Can anyone take the Series 6 exam?

To take the Series 6 exam, you must be sponsored by a FINRA member firm or a self-regulatory organization (SRO). Firms apply for candidates to take the exam by filing a Uniform Application for Security Industry Registration or Transfer (Form U4).

Is the series 6 or 7 harder?

How hard are the series exams?

Is the Series 7 Exam Difficult? Clocking in at 125 questions to be answered in three hours and 45 minutes, the Series 7 exam is considered the most difficult of all the securities licensing exams. The minimum passing score is 72, which may not seem that difficult.

Is Series 6 or 7 harder?

Of the two, the Series 7 is the tougher but more comprehensive exam. It allows you to deal with almost any type of security, from stocks to bonds to investment trusts and funds, that a professional or retail investor would want.

What is the hardest series exam?

The Series 7 exam is by far the longest and most difficult of all the securities exams. It lasts for 225 minutes and covers all aspects of stock and bond quotes and trading; put and call options; spreads and straddles; ethics; margin, and other account holder requirements; and other pertinent regulations.

How do you pass the Series 6 top-off exam?

Important Series 6 top-off test facts are summarized in the table below. Although the idea of a shorter exam is appealing, a candidate can get only 15 questions wrong on the new Series 6 top-off to achieve the passing score of 70\%.

What can you do with Series 6?

With a Series 6 license, you are able to sell mutual funds, variable annuities, variable life insurance, unit investment trusts (UITs), and municipal fund securities. The Series 6 is often seen as the ideal companion license for those in the insurance industry.