350+ Series 7 practice questions by ABC E-learning
Series 7 Exam which is more formally named the General Securities Representative Qualification Examination, is a test for those who want to sell any type of securities. Not only knowing the duties and responsibilities of a general securities representative, the candidates are also expected to get awareness of the rules and regulations governing their profession. This consists of sales of corporate securities, municipal securities, investment company securities, variable annuities, direct participation programs, options and government securities.
Within 3 hours and 45 minutes of the Series 7’s length, there are 125 multiple-choice questions along with 10 unscored pretest questions that are randomly distributed. To register, it costs $245 and the passing score is 72.
The exam covers the 4 major job functions of a general securities representative as below:
Function 1 – testing business for the broker-dealer from customers and potential customers (9 questions)
Function 2 – opening accounts after obtaining and evaluating financial profile and investment objectives (11 questions)
Function 3 – provide information about investments, offer suitable suggestions, transfer assets, and maintain appropriate records (91 questions)
Function 4 – obtain and verify purchase and sales instructions and agreements; process, complete and confirm transactions (14 questions).
The Series 7 Practice test features:
Free Practice Questions: 1000+ FREE Series 7 Practice questions with detailed explanations are available for all of the required skills. All you need to pass your recruitment test is available here.
Series 7 Practice Test Based On Real Tests: Same number of questions, same time limits, same structure. The exam simulators let you familiarize with the test format and get totally ready for the real one.
No Sign Up Or Login Required: All of your progress is saved without an account, even if you close your browser. But login can sync your date between web and mobile applications.
Gamification: The learning process will be divided into small milestones. Let’s make your studying exciting as if you were in some interesting games.
Personal Study Plan: Just enter your Series 7 Practice test test date, a study plan will be set up for you. A clear schedule will surely exceed your expectation and get you the best preparation for the read shot.
3 Interesting Test Modes: 3 different test modes with increased difficulty level let you experience the test in various ways.
Dark Mode: Experience a dark theme which is more friendly to your eyes, and get a whole new and marvelous experience.
No Internet Required: Study on the go conveniently without any Internet connection.
Series 7 Practice Test Test Bank: 3 features: Weak/ Medium/ Strong questions help you clearly determine which area you should pay more attention.