Free Series 3 Practice Assessment — 50 Exam-Style Questions
Fifty exam-style Series 3 questions across the futures side and the regulatory side of the National Commodity Futures Examination. Contract specs, hedging and spread mechanics, margin, options on futures, and the NFA/CFTC rules — scored the moment you finish, with a topic breakdown showing which half is costing you.
Completely free • No account, no card • Instant results with a topic breakdown
What to expect
Fifty questions written the way the Series 3 actually tests — not flashcards, not definitions with the answer in the stem.
- Contract mechanics tested in whole contracts — specifications, delivery months, and how a position is offset
- Hedging: long and short hedges, basis, and which side of the market a commercial actually takes
- Spreads and their outcomes — intramarket, intermarket, and how a change in the price relationship lands on the P&L
- Options on futures, including premium, moneyness, and what happens on exercise into a futures position
- The regulatory half: NFA membership and registration categories, CFTC authority, disclosure documents, and prohibited conduct
Start your free Series 3 assessment
50 exam-style questions. No account, no payment, instant results.
We'll email your results and study suggestions. No card, no account.
How it works
- Tell us your name, email, and (optionally) when you plan to test.
- Pick how you want to take it — timer on or off, explanations as you go or held to the end, Deep Dive on if you want to be made to read every explanation.
- Answer 50 exam-style questions. Each one is graded on the server as you submit it.
- Get your score, your percentage, and a topic-by-topic breakdown showing which areas to rebuild first.
Frequently asked questions
- Yes. The Series 3 is two graded parts and you must pass both, so the assessment weights the regulatory material rather than treating it as an afterthought.
Ready to go further on the Series 3?
The assessment shows you where you stand. The study guide is what closes the gap — chapter quizzes, mini exams, and full-length practice finals across the whole outline.