Series 55 Exam: Equity Traderlimited Representative

The series 55 exam exam administered by the Financial Industry Regulatory Authority (FINRA). passing the series 55 will provide an individual with the qualifications necessary in order trade equity and convertible debt securities as a principal or agent.

Get the Series 55 Study Book with over 550 Practice Questions!

Series 7 Online Study Guide Book Icon

Series 55 Online Study Guide

Pass your Series 55 Exam and take the next step in your career with our Free Online Study Guide provided by The Securities Institute. To begin - Click Here

Exam Details

Time Limit: 3 hours
Cost: $105 US as of August 2012. Note that this is the examination enrollment fee ONLY--other fees will also apply. Please visit the FINRA Registration/Exam Fee Schedule for more information.
Number of Questions: 100, plus 10 "pre-test" questions
Passing Score: 67%
Format: Multiple Choice
Prerequisites: Successful completion of the Series 7, Series 17, Series 37, Series 38, or Series 62 exam.
Exam Date(s): Any weekday
Exam Locations: Find your U.S. or international exam center here
Offical Exam Website: http://www.finra.org


Exam Topic Weights

For an in-depth breakdown of the below topics, refer to the PDF study outline provided by FINRA here.


Function 1: Trading - 45 questions;

Function 2: Order Handling - 36 questions;

Function 3: Record keeping and Regulatory Reporting – 19 questions;

Total 100 Questions




Financial Professionals
  1. Trading Strategies

    Selecting Mergers & Acquisitions Advisories For Small Businesses

  2. the general ledger is the record of a company's entire financial transaction history.
    Investing

    What's a General Ledger?

  3. Several things factor into the salary of a financial advisor. Here's a look.
    Investing Basics

    How Much Does A Financial Advisor Earn?

  4. These 5 strategies offer financial advisors a blueprint on how to grow their practices.
    Professionals

    Growth Strategies For Financial Advisors

  5. If you're considering investing in China and want to know when to buy, sell, hold or stay away, consider these economic indicators.
    Economics

    Eyeing China? Consider These Economic Indicators

Trading Center