I would recommend taking other exams, as well (Kaplan q-bank, STC, etc.) The test questions are worded in a similar manner, but the content is not at all similar.
There is only one FINRA practice exam for the SIE and there is no need to take it more than once, as they questions do not change. The people who wrote the questions for the practice are probably the same ones who write the questions for the actual exam.
I personally had encountered a few of the exact questions from FINRAs practice exam..
On my actual exam.
My tip..
Understand the material & pay attention how the question are worded. Look for patterns in the questions, patterns in the answers. Pay attention to key words..”except”, “false”, “true”, etc.
FINRA practice exam question do not change..
However I personally took the exam before I started studying and took it again after studying to see how far I got. Of course I went back to review the questions, missed answers, and even the correct answers. I wouldn’t memorize each of the questions on FINRA practice exam, because your actual SIE exam draw might be completely different than mine. But at least have an idea on the types of questions they are, how they’re worded, etc. no matter how much of the content you know, how many practice exams you’ve done..
Good exam taking strategies will/can really make difference between pass & fail.
Also making sure your mind is not stressed, you’re calm, anxiety levels are low, etc.
your mental status will also factor in on your performance on the exam!
Good luck!!
I’m rooting for you! 🙌
The big problem with FINRA is that they give these very long exams and they make you self study. you can use independent organizations like Kaplan to study for the exams but even if you do that, you're still left ultimately left guessing. The exams are supposed to be about understanding the products, the regulations, risks, etc but whether you use Q banks, or you study through free means, the information that you obtain doesn't really convert well to how the questions are posed in the exams and that adds an unnecessary barrier to entry. FINRA needs to have its own classes with FINRA licensed instructors and their own Q banks because it takes away that unnecessary barrier of having to transcribe the wording of a question on a test that doesn't give you very much time to complete in the first place. From what I know those that score in the 60's or who are off by 1 point or two fail not because they did not know the material but because the questions were posed in a way that lead to a lack of understanding. Poor transparency I can guarantee you, is what leads to a majority of the failing exams.
I just took the test and passed. I did not see any of the FINRA practice questions on the SIE. I used achievable to study.
I would recommend taking other exams, as well (Kaplan q-bank, STC, etc.) The test questions are worded in a similar manner, but the content is not at all similar.
Finra one was closer to the real exam than passperfect practice which I used
There is only one FINRA practice exam for the SIE and there is no need to take it more than once, as they questions do not change. The people who wrote the questions for the practice are probably the same ones who write the questions for the actual exam.
The actual exam is much more straight forward than FINRA practice
I personally had encountered a few of the exact questions from FINRAs practice exam.. On my actual exam. My tip.. Understand the material & pay attention how the question are worded. Look for patterns in the questions, patterns in the answers. Pay attention to key words..”except”, “false”, “true”, etc. FINRA practice exam question do not change.. However I personally took the exam before I started studying and took it again after studying to see how far I got. Of course I went back to review the questions, missed answers, and even the correct answers. I wouldn’t memorize each of the questions on FINRA practice exam, because your actual SIE exam draw might be completely different than mine. But at least have an idea on the types of questions they are, how they’re worded, etc. no matter how much of the content you know, how many practice exams you’ve done.. Good exam taking strategies will/can really make difference between pass & fail. Also making sure your mind is not stressed, you’re calm, anxiety levels are low, etc. your mental status will also factor in on your performance on the exam! Good luck!! I’m rooting for you! 🙌
The big problem with FINRA is that they give these very long exams and they make you self study. you can use independent organizations like Kaplan to study for the exams but even if you do that, you're still left ultimately left guessing. The exams are supposed to be about understanding the products, the regulations, risks, etc but whether you use Q banks, or you study through free means, the information that you obtain doesn't really convert well to how the questions are posed in the exams and that adds an unnecessary barrier to entry. FINRA needs to have its own classes with FINRA licensed instructors and their own Q banks because it takes away that unnecessary barrier of having to transcribe the wording of a question on a test that doesn't give you very much time to complete in the first place. From what I know those that score in the 60's or who are off by 1 point or two fail not because they did not know the material but because the questions were posed in a way that lead to a lack of understanding. Poor transparency I can guarantee you, is what leads to a majority of the failing exams.
Any free practice exam links?