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Candidates have two hours and 30 minutes to complete the exam, which consists of two parts. A candidate must score 70% on each part in order to pass the exam. Note: NFA exams are required to be taken in a test center.
On the National Commodity Futures Examination – Series 3, the candidate must receive a score of 70 percent on both parts of the exam (market knowledge and regulations) in order to pass. It is your responsibility to keep a record of your exam results.
15 sie 2024 · Candidates must achieve a score of around 70% in each part to pass the exam. (There is no official pass rate, but the widely accepted pass rate is around 70%.) Those who fail to pass may take...
Once you take and pass the Series 3 exam and/or Series 34, you have two years from the date you passed the exam to register. The exam will not expire unless you have a break in registration as an AP, floor broker or FCM, IB, CPO, CTA or LTM that is a Member of NFA for more than two years.
Now that you are ready to begin studying for your Series 3 Exam, we’d like to help you get started! Watch this video and download your Series 3 At-A-Glance g...
I took the exam a couple of weeks ago. I went cheap on the study materials and learned my lesson. You have to pass two parts with 70% or better. I passed one, but not the other so will need to retake. In comparison when I got my Series 6 and 63 I went through Kaplan and passed with flying colors.
I took and passed the Series 3 exam two days ago. There's very little information about it, so I thought I'd share my experience. All of the questions are multiple choice, and they can be split into three categories: 1/3 focus on futures trading regulations (lots of questions on FCM/IB responsibilities)