Series 7 (Stockbroker) Test Prep

Series 7 (Stockbroker) Test Prep is to help you prepare the General Securities Representative Exam, commonly referred to as theSeries 7 or Stockbroker Exam anywhere, anytime right on your mobile device. With the most elegant and clean UI, we offers the best user experience in its class - you will enjoy every minute you spent on your study. You set your own pace and always can learn something immediately to get yourself better prepared for the test.

How we are different
- Keep yourself motivated and see your progress over time.
- Online discussion board and crowdsourcing to accelerate your learning
- Review your mistakes and concentrate on your weakness
- Most clean and simple design

Key features:
- 400 quality questions with detailed explanations
Study/Test: Get instant answers and useful explanation, review test result
- Review mistakes: Automatically create your own collection of mistakes, simply focus on studying them is 10 times more efficient
- Discussion board for each question: Connect and contribute to the communities, a powerful way of learning by crowdsourcing
- Score history: keep yourself motivated and challenge yourself each day.
- Statistics, beautiful charts and graphs
- Sound effect



Disclaimer:
iSemApp, the publisher of this product, is not affiliated with or endorsed by any testing organization. All organizational and test names are trademarks of their respective owners. The content of the application might include inaccuracies or typographical errors, for which the owner can not be held liable.

About:
In the United States, all individuals seeking to become a stockbroker must take the General Securities Representative Exam, commonly referred to as theSeries 7 or Stockbroker Exam. A passing grade is required in order to obtain the professional license needed to become a Registered Representative of abroker-dealer in the United States.
The exam is a six-hour, 260 question test (250 of which count towards the final score) that is owned, maintained and administered by the Financial Industry Regulatory Authority (FINRA, previously known as the NASD), which covers a broad range of investments including stocks, bonds, options, limited partnerships, and investment company products (e.g., open- and closed-end funds). As of November 7, 2011, candidate must answer at least 72% of the questions correctly in order to pass. Upon passing the test, one is granted a Series 7/General Securities license.
The Series 7 license is the most comprehensive of several securities licenses that permit an agent to communicate with retail investors. For this reason, many account managers, analysts, and other executives in the employ of a registered Broker/Dealer hold Series 7 licenses. To satisfy the securities dealing requirements of some states, Series 7 license holders must also hold either the Series 63 license or the Series 66 license, depending on the state the licensee works in as well as the state his/her clients reside in. To provide investment advice for a fee, a stockbroker or Series 7 holder is required to complete the investment advisor law exam.
Those who pass the exam become licensed with the FINRA and must maintain good standing and complete continuing education licensing requirements. Being licensed as a Series 7 or investment advisor does not mean that the licensee is certified or chartered with a professional designation such as PFS, CFP, CWM, CFA, or other financial designation. Further, having a professional designation does not mean that a person is licensed by the FINRA.
In order to take the exam an individual must be sponsored by a member firm of either FINRA or a Self Regulatory Organization (SRO).
Typically, the average score of test-takers is around 73%, with around 66% of test-takers achieving a passing score. While one can study from the content outline provided by FINRA, many choose to use the materials of a third-party training vendor.