Hello! Welcome to the fourth article in our Series 6 articles series.
You’ll find five free full-length Series 6 practice exams in this article.
We also have practice questions for each of the four sections of the FINRA Series 6 exam.
Once you’ve taken the full-length practice exams and identified your weak points, you can focus on the practice test in the specific section you are weak in.
We’ll discuss:
- FINRA Series 6 practice exam questions
- How the Series 6 practice exam and practice quizzes work
- Tips to get the most out of the Series 6 Practice Exam
- Why take the Series 6 exam?
Let’s jump right in.
Other free series 6 study materials:
- Series 6 exam prep
- Series 6 study plan
- Series 6 study guide
- Series 6 practice exam
- Series 6 flashcards
- Series 6 cheat sheet
- Series 6 Exam FAQ
- Best Series 6 study materials
FINRA Series 6 Practice Exams
We have five full-length Series 6 practice exams you can use to test your exam readiness.
We’ve also put together practice questions for each Series 6 exam domain.
The practice exams will help you identify the Series 6 exam domains that you are weak in.
From there, you can focus on the questions in that individual domain to better grasp its content.
Series 6 Practice Quizzes by Domains
The Series 6 exam is broken down into four domains.
Each domain has a set number of questions.
The domains cover different topics that you must be well conversant with.
The Series 6 practice tests are also broken down into these domains to prepare you effectively for the exam.
Just as the domains are weighted differently in the Series 6 exam, so are the practice exams.
So, ensure the Series 6 exam prep courses you purchase have practice questions that reflect the exam structure.
Here are the domains:
- Seeks Business for the Broker-dealer from Customers and Potential Customers (24%, which translates to 12 questions)
- Opens Accounts After Obtaining and Evaluating Customers’ Financial Profile and Investment Objectives (16%, making 8 questions)
- Provides Customers with Information About Investments, Makes Recommendations, Transfers Assets and Maintains Appropriate Records (50%, which is 25 questions)
- Obtains and Verifies Customers’ Purchase and Sales Instructions; Processes, Completes and Confirms Transactions (10%, that’s 5 questions)
We’ve designed four (4) sets of practice quizzes for each Domain. Each set has 25 questions to help you prepare effectively for the Series 6 exam.
Here you can start your Series 6 Domain Quizzes right away.
Domain 1: Seeks Business for the Broker-dealer from Customers and Potential Customers
Domain 1: Quiz 1
Domain 1: Quiz 2
Domain 1: Quiz 3
Domain 1: Quiz 4
Domain 2: Opens Accounts After Obtaining and Evaluating Customers’ Financial Profile and Investment Objectives
Domain 2: Quiz 1
Domain 2: Quiz 2
Domain 2: Quiz 3
Domain 2: Quiz 4
Domain 3: Provides Customers with Information About Investments, Makes Recommendations, Transfers Assets and Maintains Appropriate Records
Domain 3: Quiz 1
Domain 3: Quiz 2
Domain 3: Quiz 3
Domain 3: Quiz 4
Domain 4: Obtains and Verifies Customers’ Purchase and Sales Instructions; Processes, Completes and Confirms Transactions
Domain 4: Quiz 1
Domain 4: Quiz 2
Domain 4: Quiz 3
Domain 4: Quiz 4
Tips to Get the Most Out of the Series 6 Practice Exam
Series 6 practice exam, also known as the Investment Company and Variable Contracts Products Representative Qualification Examination, is an entry-level exam that requires adequate preparation to ace.
Our practice exams will help reinforce concepts and polish the areas you are weak in.
That said, it’s only right we give you tips on making the most of the practice exams.
Recreate the Exam Day Condition
Test-takers are not allowed any materials when taking FINRA Series exams.
So, the best way to prepare for the actual exam is to mimic the exam’s condition.
First, find a serene environment for your Series 6 practice tests.
Booking a spot in your local library is the best bet.
Avoid comfortable places like your favorite cafe or bedroom.
Further, clear all distractions starting with your phone and all the other study materials.
Since you’ll be taking the Series 6 practice exam on your computer, ensure all the tabs and apps are closed.
Mute all notifications.
It will be best if you use an analog watch rather than your phone since you may be easily distracted.
Furthermore, you shouldn’t have snacks or any food around.
The point is to familiarize yourself with the FINRA Series 6 exam atmosphere.
If it’s not allowed in the actual exam, you shouldn’t have it when taking the practice exam.
Stick to the Exam Time
You don’t have the whole day to take the Series 6 exam.
So, why not practice time management with practice questions?
The Series 6 exam takes 90 minutes.
As such, your Series 6 mock exam should also last 90 minutes.
Using the same time as in the exam helps you pace yourself early.
Don’t cheat by adding a few seconds or minutes to wind up.
You won’t have that extra time during the exam.
Therefore, determine early how long you take to answer Series 6 exam questions and adjust your speed before the exam date.
Complete the Whole Practice Exam
Your goal when taking a practice exam is to have a feel of the real thing.
That means you’ll take a full-length Series 6 exam with 55 multiple-choice questions, just like the actual exam.
Your objective?
Answer all the questions.
Guess if you have to, but you must complete the whole test.
This way, you’ll understand what it actually feels like to do the real exam.
Plus, you’ll better understand the wording and tricky test questions.
Mix up Practice Questions and Full-Length Exams
While a full-length practice exam is an excellent way to sharpen your understanding, practice questions are also perfect for testing your understanding of the different sections tested in the exam.
Once you’ve taken the FINRA Series 6 practice exam, find out the topics you are weak in so you can focus your test prep on those sections.
Apart from changing your Series 6 study plan to review the sections, you should also take quizzes and practice tests to polish the areas you are weak in.
Mixing up the different Series 6 exam questions will help you understand the exam content better.
Take as Many Practice Exams as You Can
Now, this is obvious.
Most test-takers relegate practice exams to the end of their test preparation, which is okay.
But you may end up doing only two Series 6 exam practice tests, and you sit for the exam.
That’s not enough.
Ideally, you should take atleast five full-length practice exams before you take the real one.
Now, ensure the exams are timed.
The more you take the exams, the higher the chances you’ll improve your score.
Review Your Answer
It’s not enough to take the practice exams.
You must also review the incorrect and correct answers to determine just how much you’ve grasped.
Reviewing the Series 6 practice questions will give you a deeper understanding of the exam content.
You’ll see the areas you need to study again.
It will broaden your perspective and how to answer similar questions if tested in the next exam.
Track Your Progress
As you start your Series 6 prep course, take one of our free Series 6 practice exams to test how much you know at the beginning.
This exam will be a baseline of your knowledge of the exam content.
You’ll compare your performance to the exam you took the first time as you progress.
That means you must record your scores in chronological order to see if there are any improvements.
You may need to check your study calendar, strategy, and materials if you do not see improvements.
Pay special attention to the area that you are failing at the most.
You can reinforce the study guide content with flashcards and more practice tests.
Why Take the Series 6 Exam?
FINRA Series exams play a crucial role in growing a financial securities professional’s career.
Taking and passing the securities industry essentials and Seris 6 exams gives one the title Variable Contracts Products Representative.
With the Series 6 license, you can sell several investment company products, including mutual funds, variable annuities, municipal fund securities, unit investment trusts, and life insurance products.
Financial professionals working in retirement planning, private banking, investment advising, and insurance sales with Series 6 licenses can provide sound advice to the public on investing in different products.
This licensing exam opens careers in financial advising and sales.
Conclusion
Passing the Series 6 qualification exam on the first try requires thorough preparation, and practice exams help test-takers do just that.
Most Series 6 exam prep courses come with dozens of question banks and practice exams to help you adequately prepare for the exam.
Apart from practice exams, other study tools like the Series 6 study guide, cheat sheets, and flashcards all come together to help you ace the exam.
Our free Series 6 practice exam will help you master the exam content, familiarize yourself with the actual exam wording, and pace yourself accordingly.
We hope our Series 6 FINRA practice test will help you get ready and hopefully pass the exam in the first trial.
Series 6 Practice Exam FAQs
How many questions are in Series 6?
Variable contracts products representative qualification examination has 55 multiple-choice questions. Five questions are unscored. They are distributed evenly in the exam. The passing score is 70%. That means you must score 35 out of 50 questions to pass this FINRA exam.
What does Series 6 allow you to do?
The Series 6 exam allows you to sell:
– Variable annuities
– Variable life insurance
– Unit investment trusts (UITs)
– Municipal fund securities
– Mutual funds
The catch is that you must also pass the SIE exam to earn the Series 6 license.
How many times can you take the Series 6?
The Financial Industry Regulatory Authority gives test-takers an unlimited number of times to take the Series 6 exam. If you fail the exam, you’ll have to wait 30 days before you take it. This applies to three successive failures. If you fail again, you’ll have to wait 180 days.
Is the Series 6 exam hard?
The Series 6 exam is moderately difficult. It’s difficult for those without experience in the securities world. However, with the number of free Series 6 exam prep courses, it’s easy to revise and adequately prepare for the exam.
Is Series 6 or 7 harder?
The Series 7 exam is harder than the Series 6 exam. The Series 7 exam is more comprehensive, testing candidates on many types of securities products. This registered representative exam has 135 questions, which is significantly higher than Series 6, which has 55 questions.
How much time will I need to study for the Series 6 exam?
You need between 40 and 60 hours to prepare for the Series 6 exam. Start reviewing your Series 6 exam prep materials as soon as your company enrolls you for the exam. Leverage study materials such as Series 6 cheat sheets, study guides, flashcards, and practice exams.
What is the passing score for the Series 6 test?
The passing score for the Series 6 exam is 70%. That means you must score 35 out of 50 scored questions. If you fail in the first attempt, you have 30 days waiting period. You’ll pay the full exam amount to retake the exam.
What is the format for the Series 6 exam?
Series 6 exam is a multiple-choice exam. The exam has 55 questions that test-takers must answer in one hour and 30 minutes. You have around a minute and a few seconds to answer each question. The FINRA Series 6 exam has a pass rate of 59%.
Are the Series 6 questions difficult?
Series 6 test questions are not difficult if you’ve done proper preparation. First, purchase the best Series 6 exam prep course. Use the materials provided to cover the exam content. Particularly, use Series 6 flashcards and practice exams to reinforce the exam content.
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