Intermediate100% Free

Securities Industry Essentials (SIE) Exam

Entry-level securities exam: markets, products, trading and regulation.

Exam at a glance

Questions

75

Time limit

105 min

Passing

A score of 70% or higher is required to pass the SIE Exam.

Practice bank

200 Qs

What the exam covers

  1. 1

    Knowledge of Capital Markets

    16% · 30 lessons

  2. 2

    Understanding Products and Their Risks

    20% · 33 lessons

  3. 3

    Understanding Trading, Customer Accounts, and Prohibited Activities

    26% · 25 lessons

  4. 4

    Overview of Regulatory Framework

    38% · 47 lessons

How to prepare on Step2Study

  1. 1. Learn

    Work through the Academy modules — short lessons with key facts and memory tricks.

  2. 2. Practice

    Take the numbered practice tests with instant feedback, flashcards and mental maps.

  3. 3. Simulate

    Sit a full timed simulation to check you are ready for exam day.