Preparatory Course Series 7 USA American Broker Examination (FINRA)

BROKER EXAM FOR SERIES 7 USA (PREPARATION COURSE)

 

The Series 7 exam — the General Securities Representative Qualification Examination (GS) — assesses the competency of an entry-level registered representative to perform their job as a general securities representative.
The exam measures the degree to which each candidate possesses the knowledge needed to perform the critical functions of a general securities representative, including sales of corporate securities, municipal securities, investment company securities, variable annuities, direct participation programs, options and government securities.
Candidates must pass the Securities Industry Essentials (SIE) exam and the Series 7 exam to obtain the General Securities Representative registration. For more information about the SIE and Series 7 exams, refer to FINRA Rule 1210 and FINRA Rule 1220(b)(2).
We provide you with professional content and explanatory videos, suitable PDFs with useful information, as well as a practical part to prepare you as best as possible for the final exam. Each chapter is between 10 or 20 days.

Permitted Activities

A candidate who passes the Series 7 exam is qualified for the solicitation, purchase and/or sale of all securities products, including corporate securities, municipal fund securities, options, direct participation programs, investment company products and variable contracts. Covered activities and products include:

  • Public offerings and/or private placements of corporate securities (stocks and bonds)
  • Rights
  • Warrants
  • Mutual funds
  • Money market funds
  • Unit investment trusts (UITs)
  • Exchange-traded funds (ETFs)
  • Real estate investment trusts (REITs)
  • Options on mortgage-backed securities
  • Government securities
  • Repos and certificates of accrual on government securities
  • Direct participation programs
  • Venture capital
  • Sale of municipal securities
  • Hedge funds

Information is based on content from https://www.finra.org/registration-exams-ce/qualification-exams/series7

 

Chapter 1

1
Trading venues
2
Differences between the individual trading venues
3
Pinck Sheet (OTC stock exchanges)
4
Exchange listing

Chapter 2

1
Technical stock analysis
2
Fundamental stock analysis
3
Market analysis (market division)
4
Viewing & evaluating news
5
Viewing news including social media news

Chapter 3

1
Volume trading in stocks
2
Chart analysis for stocks
3
Swing trading stocks
4
Stock options
5
Bonds
6
Risk Management / Hedging

Chapter 4

1
Different bonds
2
Calculation of bonds
3
Compared to Europe
4
Bonds as an indicator

Chapter 5

1
Repetition of all topics
2
Rules & Regulation
3
Margin calculations
4
Hedging
5
Strategies / Risk Management
6
ETFs

Additional Services:

1
Registration for the SIE exam and Series 7
2
Payment of the examination fees
3
If the FINRA exam is passed, the license will be kept at CFC for up to 12 months

Employment contract for 12 months after passing the exam

Candidates must be associated with and sponsored by a FINRA member firm or other applicable self-regulatory organization (SRO) member firm to be eligible to take FINRA representative-level qualification exams. For more information on registration requirements, refer to FINRA Rule 1210. The SIE exam is a corequisite to the Series 7 exam. Candidates must pass both the Series 7 exam and the SIE exam to obtain the General Securities registration.
If you obtained a General Securities Representative (Series 7) registration prior to November 7, 2011, you will be able to trade municipal securities, structure municipal securities underwritings and perform certain other activities involving municipal securities. If you obtained a General Securities Representative (Series 7) registration on or after November 7, 2011, you will be qualified to engage only in municipal securities sales to and purchases from customers. If you want to be qualified to structure municipal securities underwritings or perform activities involving municipal securities that are beyond the scope of selling municipal securities to and purchasing municipal securities from customers, you will have to take and pass the Municipal Securities Representative (Series 52) Exam.
If you obtained a General Securities Representative (Series 7) registration prior to November 7, 2011, you are qualified to sit for the Series 53 exam. If you obtained a General Securities Representative (Series 7) registration on or after November 7, 2011, you will have to pass the Municipal Securities Representative (Series 52) Exam as a corequisite to taking the Series 53 exam.


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Enrolled: 34 students
Duration: 180 hours
Lectures: 28
Video: 9 hours
Level: Advanced

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Monday 9:30 am - 6.00 pm
Tuesday 9:30 am - 6.00 pm
Wednesday 9:30 am - 6.00 pm
Thursday 9:30 am - 6.00 pm
Friday 9:30 am - 5.00 pm
Saturday Closed
Sunday Closed