Series 63 Practice Exam: Timed Mocks with Explanations (Independent)
Two 60-question mocks on the section split in NASAA's test specifications, each timed at 75 minutes. Every answer explained with the rule behind it.
- The rule behind every answer
- 75 minutes, as the real exam
- Score by section
- NASAA section split
To pass the real exam: at least 43 of its 60 scored questions (about 72%). A score on our questions does not predict a Series 63 result.
Try 3 questions free- 2 mocks of 60 questions, 75 minutes each
- NASAA's eight-section split, from the June 2023 test specifications
- The rule behind every answer: Uniform Securities Act, NASAA policy, SEC or FINRA
- Score by section and time per question after each mock
- Model-Act questions: no state-specific variations
Start with the free sample
The 3 free questions (from three different sections) run in the same test player as the mocks, with a question palette, mark for review and a clock. Each mock is 60 questions with sections mixed, in 75 minutes. The real Series 63 also carries 5 unscored pretest questions in the same 75 minutes (65 in all), so its pace is a little faster than ours.
Double-checked questions Real exam pattern Free sample · 3 questions
Full tests 3 tests
One payment unlocks both tests
- 2 mocks of 60 questions, 75 minutes each
- NASAA's eight-section split, from the June 2023 test specifications
- The rule behind every answer: Uniform Securities Act, NASAA policy, SEC or FINRA
- Score by section and time per question after each mock
- Model-Act questions: no state-specific variations
₹1,299·no subscription
Every test: instant score, answer review and a breakdown of topics to work on
Free sample
Free sampleMock 1
Included in the full set
Mock 2
Included in the full set
What is inside
| NASAA section | Share | What the questions practise | Per mock |
|---|---|---|---|
| Regulation of Investment Advisers | 5% | Who is and is not an adviser, the small-client and institutional exclusions, advisory contracts, principal trades, custody, federal covered advisers. | 3 |
| Regulation of Investment Adviser Representatives | 5% | Who is a representative, where a federal covered adviser's representative registers, who gives notice on a move, Form U-4 amendments. | 3 |
| Regulation of Broker-Dealers | 12% | The definition and its exclusions, the existing-customer rule, registration, records and capital limits, supervision, withdrawal. | 7 |
| Regulation of Broker-Dealer Agents | 13% | Who is an agent, issuer representatives, registration and notice on a move, the grounds for denial, accounts at other firms. | 8 |
| Regulation of Securities and Issuers | 9% | What is a security, exempt securities and transactions, registration by coordination, federal covered securities, the waiting period. | 5 |
| Remedies and Administrative Provisions | 11% | Civil liability and its time limits, rescission offers, criminal penalties, cease and desist orders, subpoenas, jurisdiction, SIPC. | 7 |
| Communication with Customers and Prospects | 20% | Statements about registration, fund disclosures, bank-branch sales, account records, margin and options agreements, FINRA Rule 2210, Regulation S-P. | 12 |
| Ethical Practices and Obligations | 25% | NASAA's statement of policy on unethical practices, discretion, loans, selling away, markups, manipulation, Regulation Best Interest, vulnerable adults. | 15 |
| Total | 100% | 2 mocks, no question repeated between them | 60 |
Each mock matches the real exam's number of scored questions in each of NASAA's eight sections. The questions are written to NASAA's test specifications (effective June 12, 2023) and study guide (September 2023), which name the Uniform Securities Act, NASAA's statements of policy and model rules, and the SEC and FINRA rules that can be tested.
What you see after every mock
- Your score in each of the eight sections, side by side, with your time per question in each, and a line naming your lowest-scoring section. NASAA's study guide says a failing candidate is told their score in each section too.
- The reason behind every answer, naming the Uniform Securities Act section, the NASAA statement of policy or model rule, or the SEC or FINRA rule it tests.
- A written report on the attempt, your pace through the mock, and your progress when you retake it.
A score here is the share of our questions you answered correctly. It is not a Series 63 result and does not predict one. The real exam's pass mark is 43 of its 60 scored questions, but our questions are not NASAA's.
The Series 63, as NASAA and FINRA describe it
- 65 multiple-choice questions: 60 scored and 5 unscored pretest questions that are not identified and may appear anywhere.
- 75 minutes. To pass, a candidate must answer at least 43 of the 60 scored questions correctly. The exam is closed book.
- NASAA develops the exam and FINRA administers it. Passing is normally a prerequisite for registering as a broker-dealer agent in a state, but it does not by itself give the right to do business in any state.
- Each candidate's exam is assembled from a pool of questions, so two people sitting at the same time get different questions.
Sources: FINRA, Series 63 Uniform Securities Agent State Law Exam; NASAA, Series 63 Exam Content Outline, test specifications (effective June 12, 2023) and exam overview (September 1, 2023); read 25 October 2026. NASAA and FINRA are the authority on the Series 63.
Before you buy
Are these real Series 63 questions?
No. Every question is original, written by us to NASAA's test specifications and study guide. None is a NASAA exam item, and NASAA and FINRA have not reviewed or endorsed them.
Do the questions cover my state's securities law?
They test the Uniform Securities Act of 1956 as amended by NASAA, NASAA's statements of policy and model rules, and the federal rules NASAA's study guide lists, which is what NASAA says the exam draws on. There are no state-specific variations. Your own state's statute may differ in detail.
If I score 72% here, will I pass the Series 63?
We cannot say. The real pass mark is 43 of 60 scored questions, about 72%, but our questions are not NASAA's and the real exam is assembled to its own difficulty. Use the section scores to see where you lose marks, then study those parts of the test specifications.
What do I get?
120 original questions in 2 mocks of 60, each with the real number of scored questions per section and a 75-minute clock, in the full test player with a question palette and mark for review. After each mock: your score and time per question by section, a written report, and the explanation for every answer. Retake either mock as often as you like.
How do I pay and get access?
One payment by card (or PayPal where offered), handled by our payment provider. In the United States the price is charged in US dollars; elsewhere in your own currency where we support it, otherwise in Indian rupees with the local figure shown as an estimate. Access opens on this device straight after payment. Sign in afterwards to keep it on your account. Purchase policy.
Independent practice material by ProSyllabus. Not the official exam; not made or endorsed by NASAA or FINRA. These are original questions, not NASAA exam items. The exam facts are as NASAA's and FINRA's pages gave them on 25 October 2026.
Disclaimer
Independent practice; not the official exam; not made or endorsed by NASAA or FINRA.
Independent practice material by ProSyllabus. Not the official exam; not made or endorsed by NASAA or FINRA. These are original questions, not NASAA exam items. The exam facts are as NASAA's and FINRA's pages gave them on 25 October 2026.
Independent: not made or endorsed by NASAA or FINRA