Series 34 Retail Forex License Exam

The Series 34 Retail Off-Exchange Forex license exam is required for those who work with retail customers in off-exchange foreign exchange business.  Registrants, or “APs” (associated persons), are referred to as “Forex Individuals” or “Forex APs”.  NFA has submitted a proposal to the CFTC that people

who were registered with the NFA as associated persons or floor brokers, or approved as sole proprietor principals on May 22, 2008,  be exempted from the #34 exam.

Any new registrant will be required to sit for the Series 3 exam and the Series 34 exam to complete registration.

Co-requisite Series 3 exam | $85 test fee ([Finra_U10_link]) | 60 minute time limit

Test Topics & Approximate Test Questions

Test Topics Approximate Test Questions
Definitions and Terminology 10
Forex Trading Calculations 8
Risks Associated with Forex Trading 4
Forex Market – Concepts; Theories; Economic Factors and Indicators; Participants 10
Regulatory Requirements 8
***Total Questions*** ***40***

Series 34 Retail Forex License Exam Study Materials

Series 34 Home Study

Series 34 Home Study


Series 34 Home Study Online Course

Securities Exam Preparation, Inc. has partnered with the Center for Futures Education, Inc. to offer an online Series 34 study program with the benefit of no shipping costs and fast delivery.

The Online Series #34 program has 5 sections that match the National Futures Association’s study outline:

  • End-of-Section Quizzes are followed by the correct answers and an explanation. You can access each quiz a total of 5 times and then the quiz expires
  • 2 Final Exams are included!  After completing a final exam, a list of the questions you missed is presented with your final score. You may choose questions from the list to see the original question, your answer, the correct answer, and an explanation.  This lets you focus on the areas that are presenting difficulty.  Final Exams have 10 accesses combined for the two final exams.
  • No Books – No Shipping! Nice! Study wherever you have internet access.
  • Course access is good for 60 days – so make sure you plan your study in relation to when you want to take the actual exam!
NOTE: All FINRA exam are continually being updated. You should take your exam within 120 days of ordering your study materials!
NOTE: Under the terms of our End User Licensing Agreement (“EULA”) each DATABANK Practice Exams product can be used only by one person. Once your order is processed by our staff you will be emailed access instructions to the DATABANK.