Series 31 Exam Prep

If you are looking to enhance your career in the financial services industry, then you probably are wondering how to pass the Series 31 exam … How much you need to study for it, what material is covered in the Series 31 exam, and what are some tips that will increase your chances of obtaining the Series 31 license on your first try?

The Series 31 license is known formally as the Futures Managed Funds license and is a National Futures Association (NFA) requirement for those wishing to solicit managed futures products.

Bank Training Center provides insightful Series 31 exam preparation courses - such as Series 31 self-study packages and Series 31 practice exams - to help you pass your Series 31 exam and earn your Series 31 license.

About Your Series 31 Exam

Series 31 exam preparation is generally offered in a self-study, interactive format. Be sure the package you select includes Series 31 practice questions!
Average preparation time for series 31 exam is 15-20 hours
Series 31 candidates are not required to be sponsored to sit for the licensing exam; however, candidates are required to be sponsored to receive their Series 31 license
Candidates must submit a Form U10 and applicable fee to the Financial Industry Regulatory Authority (FINRA)
After FINRA confirms that the form was received and processed, a 120-day window will be opened in which the applicant may schedule and take the exam
Exams for your securities trader Series 31 license can be scheduled at any Prometric test center nationwide
Candidates who are successful in passing the Series 31 exam will have a period of 2 years to find a sponsor who will submit their registration documentation
Candidates who are NOT successful in passing the Series 31 exam must re-file the Form U-10 and processing fee with FINRA, whereby a new 120-day window will be opened
In-depth licensing questions should be directed to the National Futures Association (NFA) at 800-621-3570

Recommended Courses & Available Training Options

To find training for earning your Series 31 license, including Series 31 exam preparation or Series 31 practice exams, simply click on any of the recommended courses below, or search under "Licensing/Designations" in the search box thereafter for "Series 31".

Good luck on your Series 31 Futures exam!

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