NASAA ยท Uniform Securities Agent State Law

Pass the Series 63 the first time

Adaptive prep for the NASAA Series 63. Topic-weighted practice exams, adaptive study quizzes, and spaced-repetition flashcards built for state-level agent registration.

Start Series 63 Prep โ†’ adaptive practice ยท ~15s to first question
[01]

What is the Series 63?

The Series 63 is NASAA's Uniform Securities Agent State Law Examination. 60 scored questions, 75 minutes, 72% to pass, and a $147 fee. No SIE prerequisite, no sponsor required at the exam level.

The Series 63 qualifies you to register as a securities agent under state law. Most reps pair it with a FINRA representative exam (Series 6 for mutual fund and variable-contract reps, Series 7 for general securities reps) for full registration. Content is built around the Uniform Securities Act, NASAA Statements of Policy, and the powers of state Administrators. It is the shortest of the Series exams but heavily focused on memorization: prohibited practices, fee disclosures, registration definitions, and remedies.

Start Series 63 Prep โ†’ adaptive practice ยท ~15s to first question
[02]

How it works

  1. Take a full practice exam first.

    Before you watch a single video, sit a full-length, timed practice exam in the Prometric view. No music, no phone, no interruptions. The end-of-exam report ranks every unit by your score and its weight on the real exam: that report is your study plan.

  2. Work units by the report, not the book.

    Go down the report list in order. The lowest-scoring unit isn't always the most valuable to fix. CertFuel sorts by weakest area combined with how many points the unit is worth on the real exam, so your time goes where it actually moves your score.

  3. Run the unit loop, then move on.

    For each unit: watch the videos, listen to the podcast, do one Study Quiz and one Flashcard session, read the section, then do one more Quiz and Flashcard set. Don't camp on a single unit. Fly through the content and trust the loop to tighten it up.

  4. Take a full practice exam every week.

    Once a week, sit another timed practice exam. New weak units will surface as old ones improve. Re-rank your queue and run the loop again on whatever's at the top.

  5. Book the real exam after three 75%+ practice exams in a row.

    Real-exam scores tend to land within a few points of your last full practice exam. Three consecutive practice exams at 75% or above is the readiness signal. 80%+ if you want margin for a bad day.

Start Series 63 Prep โ†’ adaptive practice ยท ~15s to first question
[03]

Topic breakdown

topic_01 IA regs
5 %

Regulations of Investment Advisers

Definitions of investment advisers (state-registered and federal covered), and activities requiring registration vs exclusions.

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topic_02 IAR regs
5 %

Regulations of Investment Adviser Representatives

Definition of an IAR, and activities that require IAR registration vs those that are excluded.

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topic_03 broker-dealers
12 %

Regulations of Broker-Dealers

Definition of a broker-dealer, registration and post-registration requirements, and supervision of agents.

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topic_04 agents
13 %

Regulations of Agents of Broker-Dealers

Definition of an agent, registration and post-registration requirements, and Form U4 / U5 updates.

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topic_05 securities & issuers
9 %

Regulations of Securities and Issuers

Definitions of securities and issuers, state registration and post-registration, exemptions, and state antifraud authority.

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topic_06 remedies & admin
11 %

Remedies and Administrative Provisions

Authority of the state securities Administrator, administrative actions, and civil/criminal penalties.

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topic_07 communications
20 %

Communication with Customers and Prospects

Product disclosures, performance-guarantee prohibitions, customer agreements (new account, margin, options), and advertising rules (incl. social, email, web).

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topic_08 ethics
25 %

Ethical Practices and Obligations

Compensation rules (fees, commissions, markups, disclosure), custody and discretion over customer funds and securities, and trading authorization.

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Start Series 63 Prep โ†’ adaptive practice ยท ~15s to first question
[04]

Exam stats

65
total questions
75
minutes
72%
passing
$147
exam fee
Start Series 63 Prep โ†’ adaptive practice ยท ~15s to first question
[05]

Study resources

๐ŸŽฏ

Full Series 63 Practice Exam

Full-length Series 63 practice exam matching the NASAA format. Explanations after every question and a per-topic score breakdown at the end.

full-length
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Series 63 Practice Questions

Free Series 63 sample questions across the NASAA topics: ethical practices, communications, agent and broker-dealer registration, and state remedies. Explanations included.

free samples
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What Is the Series 63 License?

What the Series 63 license unlocks, who needs it, the exam format and cost, and how to register as a securities agent at the state level.

start here
๐Ÿ“Š

Series 63 Pass Rate & Difficulty

How hard the Series 63 really is, the 72% score you need, and why candidates fail (with the honest take on the unofficial pass rate).

difficulty
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Series 63 vs Series 66

Which state law exam you actually need. The Series 63 (agent law) vs the Series 66 (agent plus adviser law, paired with the Series 7), plus Series 65 vs 66.

decision guide
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Series 7 and 63: The Stack

Why most reps take the Series 7 and Series 63 together, the order firms use, combined fees and timeline, and how the Series 63 pairs with a Series 6 instead.

license stack
โš–๏ธ

Series 63 vs Series 65

Agent vs adviser. The Series 63 (sell securities on commission) vs the Series 65 (give advice for a fee as an IAR), and which one your role actually needs.

agent vs adviser
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How Long to Study

A realistic Series 63 study plan: total hours by background, a week-by-week schedule weighted to the heaviest sections, and exam-day pacing for the 75-minute test.

study plan
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Best Series 63 Prep Compared

Honest 2026 comparison of CertFuel, Achievable, Kaplan, STC, Pass Perfect, and Knopman Marks on price, question bank size, and adaptive features.

6 providers
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Series 63 Exam Topics

Deep dives on the highest-weight NASAA sections: ethical practices, communications, agent and broker-dealer registration, Administrator powers, and securities registration.

6 guides
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Glossary

Key securities exam terms and definitions, useful across the SIE and Series exams.

210+ terms
๐Ÿ›๏ธ

Series 65

For fee-based investment adviser representatives. The Series 63 is for agents; the Series 65 is for advisers.

compare paths
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Series 66

Combines the Series 63 and Series 65 into one exam (paired with the Series 7). Take it if you need both agent and adviser registration.

63 + 65
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Free SIE Prep

The SIE is not required for the Series 63, but most candidates take it for their FINRA rep license. Start there if you have not yet.

free
Start Series 63 Prep โ†’ adaptive practice ยท ~15s to first question
[06]

Frequently asked

What is the Series 63?

The Series 63 is NASAA's Uniform Securities Agent State Law Examination. Passing it qualifies you to register as a securities agent at the state level, alongside a FINRA representative qualification like the Series 6 or Series 7. It's required in most states for anyone soliciting securities transactions.

Do I need the SIE before the Series 63?

No. The Series 63 has no SIE prerequisite. Most candidates take the Series 63 alongside a FINRA representative exam (Series 6 or Series 7), but the state law exam itself is standalone.

Do I need a sponsor?

Technically no, the Series 63 does not require sponsorship at the exam level. In practice, most candidates are sponsored by their employing broker-dealer who registers them with the state after they pass.

What's the passing score and format?

You need 72% to pass (43 of 60 scored questions). The exam has 60 scored questions plus 5 unscored experimental questions, and you have 75 minutes to finish.

How long does it take to prepare?

Most candidates pass the Series 63 in 2 to 3 weeks of consistent study. It is a shorter, focused exam built around the Uniform Securities Act, the NASAA Statement of Policy, and state administrator rules.

What happens if I fail?

You can retake the Series 63 after a 30-day waiting period for the first and second failed attempts, and 180 days after a third. The exam fee applies to each attempt.

Series 63 vs Series 66: which should I take?

The Series 63 covers state law for agents. The Series 66 combines state law with investment adviser law (basically Series 63 + Series 65 in one exam) and is intended for dual broker-dealer-agent and IAR registration. If you only need state agent registration, take the Series 63. If you also need IAR registration and already plan to pass the Series 7, the Series 66 is more efficient.

Which states require the Series 63?

Most states require the Series 63 for agent registration. A few states accept the Series 66 in lieu of the Series 63 (since the Series 66 covers state agent law). Confirm with the state regulator where you intend to register before scheduling.

Don't see your question answered here? We'd love to help. Get in touch with us.

Start Series 63 Prep โ†’ adaptive practice ยท ~15s to first question