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The Series 63 is a license, which is obtained by successfully completing the Series 63 Exam. This test is also called the Uniform Securities Agent State Law Examination. Individuals who pass this exam are able to solicit orders for any type of security in their state as long as they also have either a Series 6 or Series 7 license. The test features 60 multiple-choice questions, which must be completed within a one-hour and 15-minute time frame. In order to pass the exam, test-takers must get at least 72% of these questions correct.

The Financial Industry Regulatory Authority, or FINRA, administers the test. They advise that those interested in taking the exam familiarize themselves with the Uniform Securities Act and the statements of policy and model rules adopted by the NASAA. If you'd like to obtain your Series 63 license, it's important to adequately prepare for the required examination. However, that can be hard to do alone. Often, test-takers find it helpful to solicit the guidance of a private Series 63 tutor. Varsity Tutors can help you with this process by connecting you to an expert tutor who can help.

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