It is a test for Registered Representatives, or those who want to sell any type of securities. That’s why it’s important to take Series 7 practice exams and answer the practice questions that go along with them. Knowing the full spectrum of the client’s investment portfolio holdings, financial situation, tax sta… Series 7 Practice Exam 1; Series 7 Practice Exam 2; Series 7 Exam. The next function has 11 questions associated with how a Registered Representative evaluates security holdings and meets financial needs through proper investment objective appropriate to each individual client. The Series 7 … (Seriously. The FINRA Series 7 Exam is officially called the General Securities Representative Examination. From self-proclaimed bad test-takers to people with little to no experience, we equip all of our Series 7 studiers with everything they need to pass the first time. Known as one of the toughest FINRA licensing exams, Series 7 has a pass rate of less than 70%. In practice, the Series 7 is taken by a far broader group of finance professionals: Anyone tangentially involved in the buying, selling, recommending or dealing of securities may be required to take the Series 7. You need a prep course that ensures one of those passers will be you. Free Series 7 Practice Exams. The Series 7 has been traditionally thought of by finance newbies as a stockbroker exam. Series 7 Exam: Study Guide & Practice Final Exam Take this practice test to check your existing knowledge of the course material. The more practice you have, the better. Once you pass your test you will get your Series 7 License. The biggest determinant of your success will be your ability to prepare, study, and practice the material before the exam itself.