Series 7 Exam Pro iOS App

Series 7 Exam Pro iOS App

Crush the Series 7 Exam and Bull Ahead in Your Finance Career with Series 7 Exam Pro!

Gear up to ace your FINRA Series 7 General Securities Representative Exam with Series 7 Exam Pro — the ultimate app for ambitious finance professionals aiming to sharpen their market savvy and regulatory expertise. Whether you're preparing to become a licensed stockbroker, trader, or expand your credentials within the securities industry, our comprehensive app provides all the tools you need to succeed.

Dive into an extensive array of exam-focused questions and in-depth explanations covering all essential facets of the Series 7 exam, including equity and debt instruments, options trading strategies, securities regulations, customer accounts, and portfolio management. With features like customizable quizzes, real-time progress tracking, and personalized feedback, you can zero in on your knowledge gaps, fine-tune your analytical skills, and build the confidence required to navigate the complexities of the financial markets.

Key Features: Robust Question Bank: Access thousands of practice questions that mirror the actual exam format. Detailed Explanations: Understand the reasoning behind each answer to deepen your industry knowledge. Customizable Quizzes: Tailor your study sessions by topic to focus on areas needing improvement. Progress Analytics: Monitor your performance metrics to stay on track with your study goals.

Elevate your career alongside successful financial advisors and securities professionals who have effectively prepared for the Series 7 exam using Series 7 Exam Pro. Enhance your market proficiency, unlock new career opportunities, and step confidently into your role as a licensed General Securities Representative.

Don't leave your future to chance. Download Series 7 Exam Pro now and kick-start your journey to becoming a top-tier financial professional today!

Content Overview

Explore a variety of topics covered in the app.

Regulatory Framework & Ethics

Federal Securities Laws
FINRA Rules & Standards
Ethical Obligations
Public Communication Regulations

Customer Accounts & Profiling

Account Types & Registration
Account Documentation
Customer Identification (CIP)
AML & Privacy Regulations

Investment Objectives & Suitability

Assessing Risk Tolerance
Financial Profile Evaluation
Suitability Standards
Accredited Investor Checks

Equity Securities & Markets

Common & Preferred Stocks
Rights, Warrants, ADRs
Equity Market Structure
Trading Venues & ECNs

Debt Instruments & Fixed Income

Corporate Bonds Overview
Government & Agency Bonds
Municipal Securities
Money Market Instruments

Options & Derivative Securities

Options Terminology
Options Strategies
Options Pricing Models
Options Trading Rules

Investment Companies

Mutual Funds
ETFs & UITs
Closed-End Funds
Investment Company Fees

Variable Contracts

Variable Annuities
Variable Life Insurance
Separate Accounts
Taxation of Variable Contracts

Alternative Investments

Real Estate Investment Trusts
Direct Participation Programs
Hedge Funds & Private Equity
Structured Products & ETNs

Customer Communications

Disclosure Requirements
Investment Risks
Costs & Compensation
Taxation of Investments

Trading Markets & Transactions

Order Types & Instructions
Trade Execution Processes
Settlement Procedures
Short Selling Regulations

Margin Accounts & Leverage

Margin Account Requirements
Margin Calculations
Special Memo Account (SMA)
Margin Calls & Liquidations

Portfolio Management

Portfolio Construction
Diversification Techniques
Fundamental Analysis
Technical Analysis

Retirement & Tax-Advantaged Plans

Individual Retirement Accounts
Employer-Sponsored Plans
Education Savings Plans
Tax Treatment of Accounts

Economic Factors & Business Info

Economic Indicators
Interest Rates & Inflation
Business Cycles
Global Economic Events

Account Administration

Account Maintenance
Confirmations & Statements
Account Transfers
Privacy & Info Security

Resolving Errors & Complaints

Transaction Error Correction
Handling Customer Complaints
Arbitration & Mediation
Regulatory Reporting Duties

Regulatory Reporting & Compliance

Trade Reporting Systems
Recordkeeping Requirements
Prohibited Activities
Best Execution Practices

Example questions

Let's look at some sample questions

Under FINRA Rule 2010, what standard of conduct is required of firms and their associated persons?

A standard of reasonable diligenceA standard of utmost good faithA standard of reasonable careA standard of strict liability

Which of the following is not considered personally identifiable information (PII)?

Customer's nameCustomer's date of birthCustomer's account balanceCustomer's favorite color

Which of the following investments would be most suitable for a risk-averse investor?

High-yield bondsEmerging market stocksTreasury bondsVenture capital funds

What is the minimum annual income for a couple to be considered accredited investors?

$300,000$350,000$400,000$450,000

Which of the following money market instruments is typically used in international trade transactions?

Treasury BillsCertificates of DepositBankers' AcceptancesCommercial Paper

What is a policy loan in a variable life insurance policy?

A loan from the insurer to the policy ownerA loan from the policy owner to the insurerA loan from the insured to the beneficiaryA loan from the beneficiary to the insured

What happens to the SMA if an investor receives a margin call?

It increasesIt decreasesIt remains unchangedIt becomes negative

Which of the following is not a qualified distribution from a Roth IRA?

Withdrawal after age 59.5Withdrawal for first-time home purchaseWithdrawal due to disabilityWithdrawal within five years of opening the account

What type of dispute is typically not suitable for mediation?

Disputes over contract termsDisputes requiring a legal judgmentDisputes between investors and brokersDisputes over the interpretation of financial data

What is the purpose of regular monitoring in Best Execution Practices?

To ensure compliance with regulationsTo identify areas of improvementTo ensure the best possible result for clientsAll of the above