Exam Details

How many questions are on the SIE exam?

Quick Answer

The SIE exam has 85 total questions: 75 scored questions and 10 unscored pretest questions. The pretest questions are mixed randomly throughout the exam, so you cannot tell which ones count.

Full Details

SIE question breakdown:

Scored Questions: 75
Pretest Questions: 10 (not scored)
Total Questions: 85

Question distribution by section:
- Knowledge of Capital Markets: 12 questions (16%)
- Understanding Products and Their Risks: 33 questions (44%)
- Understanding Trading, Customer Accounts, and Prohibited Activities: 23 questions (31%)
- Overview of the Regulatory Framework: 7 questions (9%)

All questions are multiple choice with four options (A, B, C, D). There is no penalty for guessing, so always pick an answer.