Fees and rules

What the exams cost in 2026

Independent site, not affiliated with FINRA, NASAA or Prometric. Enrollment and scheduling happen only through FINRA and your firm.

Pick the exams of your path, the retakes you want to budget for and any late change of appointment: the calculator adds up the 2026 fees.

What the exams will cost

Total exam fees

$642

SIE$100
Series 7$395
Series 63$147
Retakes (priced at the dearest exam)$0
Late change or no-show$0

FINRA fee schedule in force since January 1, 2026. A firm that sponsors you often pays its exams; ask before you enroll.

Check the retake waiting period →

FINRA raised its qualification exam fees on January 1, 2026, under the fee adjustment schedule filed as SR-FINRA-2024-019 (FINRA fee schedule). In 2026 the SIE costs $100 instead of $80, the Series 7 $395 instead of $300, and the Series 6 $100 instead of $75. The NASAA exams, which FINRA administers, cost $147 for the Series 63, $187 for the Series 65 and $177 for the Series 66. Each attempt is paid in full, so a retake costs the same as the first sitting. Changing an appointment late also costs money under Section 4 of Schedule A: half the fee when the change comes 3 to 10 business days before the exam, the full fee within 2 business days or for a no-show. A typical stockbroker path, SIE, Series 7 and Series 63, comes to $642 before any retake; a sponsoring firm often pays the exams it requires.

Will moving my appointment cost me?

Charge

$198

Business days before4
Full fee2 business days or less, or no-show
Half fee3 to 10 business days

Business days counted from the day after the change to the day before the exam, weekends skipped; public holidays are not removed, so near a holiday check with the test center.

Scheduling rules →

Questions, formats and fees by Radif Partners · Editorial policy · Method

The six exams of this site

Read on the FINRA exam pages and fee schedule on October 26, 2026.
ExamFee 2026Fee 2025Change
SIE$100$80+$20
Series 7$395$300+$95
Series 6$100$75+$25
Series 63$147not shown
Series 65$187not shown
Series 66$177not shown

Other FINRA exams in 2026

Fee adjustment schedule, in force since January 1, 2026.
ExamFee 2026
Series 9 (General Securities Sales Supervisor, options)$175
Series 10 (General Securities Sales Supervisor, general)$235
Series 22 (Direct Participation Programs)$100
Series 24 (General Securities Principal)$235
Series 26 (Investment Company Principal)$200
Series 27 (Financial and Operations Principal)$235
Series 57 (Securities Trader)$105
Series 79 (Investment Banking)$395
Series 82 (Private Securities Offerings)$100
Series 86 and 87 (Research Analyst)$295 and $195
Series 99 (Operations Professional)$100

Charges for late changes

Section 4 of Schedule A to the FINRA By-Laws (Section 4) sets what a late cancellation or rescheduling costs, counted in business days before the appointment:

  • 2 business days or less, or no-show: the full exam fee;
  • 3 to 10 business days: half the fee;
  • a test center outside the United States adds $15 per sitting.

The calculator under the citable block counts the business days between a change and an appointment, weekends skipped, and gives the charge. Public holidays are not removed from its count, so a change near a holiday should be checked with the test center.

Keeping the bill down

The cheapest exam is the one passed the first time. Sitting a full timed mock before booking, and booking only once the score holds above the line with some margin, avoids both a retake and a late change. If you work for a firm, ask which exams it pays for before you enroll: an SIE taken on your own is usually at your cost, a sponsored Series 7 often is not. The retake page gives the waiting period that follows a failure, and the license finder shows which exams your job really needs, so that you do not pay for one you will never use.

Three typical budgets

A student taking only the SIE before job hunting pays $100, plus $100 again for each retake. A new stockbroker on the usual path, SIE, Series 7 and Series 63, faces $642 in exam fees, most of which a sponsoring firm often covers. A future adviser representative who takes only the Series 65 pays $187. A single failed Series 7 adds $395 and at least the waiting period before the next attempt, which is why the fee calculator lets you budget retakes explicitly rather than hoping for the best.

Study material, courses and travel to the test center are not FINRA fees and are not counted here.

Fees are set by FINRA's schedule and change rarely, through a rule filing announced in advance, as with the increase that took effect on January 1, 2026. When a new schedule is published, the parameter file of this site is updated and every figure on this page follows, with its date. Until then, the amounts above are the ones FINRA charges when you or your firm enroll.

Common questions

Who pays for the Series 7, me or the firm?

The rules do not say: FINRA charges the fee to whoever enrolls, and for a sponsored exam that is the firm, which may pay it or pass it on to you. Many firms pay for the exams they require and some ask for repayment if you leave soon after. Ask before the enrollment is filed, and get the answer in writing.

Are FINRA exam fees refundable?

Not in general. An appointment moved or cancelled at least 11 business days ahead costs nothing extra, but the late-change charges of Section 4 apply closer to the date, and a no-show forfeits the full fee. Check the scheduling rules before you book a date you are not sure you can keep.

What does continuing education cost?

The Regulatory Element of continuing education, which every registered person completes each year, has its own fee: $25 per session in 2026, up from $18. Firms usually pay it. People out of the industry who join the Maintaining Qualifications Program pay $100 a year.

Next steps

Official pages behind this page

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Exam formats, fees and FINRA rules 2026, read on finra.org and nasaa.org, last checked on