Series 57 Securities Exam – Securities Trader Qualification Examination

Series 57 Securities Trader Representative Exam Resources:

Effective October 1, 2018, candidates must pass the Securities Industry Essentials (SIE) exam AND a revised Series 57 to obtain the Securities Trader Representative registration.

The Series 57 exam measures the degree to which each candidate possesses the knowledge needed to perform the critical functions of a securities trader, including executing transactions in equity, preferred or convertible debt securities effected otherwise than on a securities exchange (proprietary trading).

The Series 57 exam assesses the competency of an entry-level registered representative to perform their job as a securities trader representative.

SIE Exam is a co-requisite | Series 57 exam consists of 50 questions (plus 10 non-graded trial questions) | Test fee is $60 (Form U-4) | 105 minute time limit | 70% to pass

Test Topics & Approximate Test Questions

Section Description Points
1 Trading Activities 41
2 Maintaining Books and Records, Trade Reporting and Clearance and Settlement 9
***Total Points*** ***50***

Study Book for Series 57

Study Book for Series 57


Series 57 Top Off – Securities Trader Study Guide

The Series 57 exam consists of 50 questions (plus 10 unscored pretest questions) to be completed in 3 hours and 45 minutes. The Series 57 course is divided into the following chapters:

  • Securities
  • Options Strategies
  • Trading Markets
  • Market Maker Activities
  • Trading Practices
  • Securities Industry Regulations

Following the text are simulated Finals with complete explanations.

(Over 700 simulated examination questions)

DATABANK for Series 57

DATABANK for Series 57


Series 57 – DATABANK of Final Exams

When used with our Printed Materials, the Series 57 DATABANK Practice Exams software is a convenient and effective method of testing overall comprehension of the material. Using the DATABANK Practice Exams software helps to ensure a full and complete understanding of the material by presenting practice questions of similar complexity to that of the real exam.

The program consists of 8 Final Exams drawn from the major topics found on the actual exam.

Each question has a detailed explanation that not only explains which answer is correct, but also explains why the other answers are wrong for the more complex concepts.

No two tests in DATABANK Practice Exams are the same — the depth of the question pool ensures that each question the student sees is unique. All of the tests are weighted in the same manner as the material in the actual exam.

Anyone using Printed Materials will improve their scores with DATABANK Practice Exams.

DATABANK and Study Book for Series 57

DATABANK and Study Book for Series 57


Series 57 Top Off – Securities Trader Study Guide + DATABANK of Final Exams

For those that like the advantage of a reference text plus taking exams in a computer environment, the book and the CD is a great combination.  Review your manual first and then top-off your study with the CD practice questions!

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.