CFP® Exam: Practice Exam
Set yourself up for exam success with CFP Board's Practice Exams. 69% of those who passed the CFP® exam took a CFP Board Practice Exam during their preparation. There are two, full-length, 170-question Practice Exams made up of questions retired from previous CFP® exams, as well as some newer questions based on current content.
An Essential Part of Your Exam Prep
See what's included in your practice exam, and how it helps to set your expectations and create a study plan for taking the real CFP® exam.
170 Unique, Authentic CFP® Exam Questions
Most questions have appeared in previous exams, and are now retired for inclusion in the practice exam. The questions represent the full range of topic areas of the current CFP® exam.
So you can access it at your convenience, whether studying night or day, on the road, at the office or at home. (The practice exam works best with Internet Explorer.)
Instant Feedback Upon Completion
You'll receive your total score, and you'll see exactly which questions you missed, along with the correct answers and a full explanation of the correct response.
Timed Clock for Realistic Practice
The clock for the practice exam is set for 3 hours per session, 6 hours total: the same amount of time that is allotted for the 170 questions on the real exam. (Don’t worry, you can continue if time runs out.)
Highlighting & Marking Questions
To aid your study, you can highlight passages, strike out answer choices and turn correct answers and rationales on/off.
Access Period of 130 Days
You can access and return to the practice exam as often as you like during the 130-day access period. Once you've completed the practice exam and requested your score, your access will be limited to a read-only mode to review questions, answer keys, and rationales.
Practice Exam FAQs
Answers to frequently asked questions about the practice exam.
NOTE: If taking the Practice Exam to prepare for the March 2021 CFP® exam, you will also need to refer to the 2019 Tax Tables for your practice test. However, please note that the real test in March will rely only on the 2020 Tax Tables.
Each practice exam includes 170 unique, authentic CFP® exam questions.
Most of the questions have appeared in previous CFP® exams, and are now retired for inclusion in the practice exams. Although these actual questions will not appear on any future CFP® exam, they are typical of the types of questions asked and represent the full range of topic areas covered on the current CFP® exam.
Practice exams are accessible online in your CFP Board Account Dashboard. Select “Access Your Practice Exam” under the Exam section. The practice exam works best with Internet Explorer.
One 170-question practice exam, CFP Board Practice Exam I, (a $249 value) is complimentary with your CFP® exam registration. If you choose not to add the practice exam to your account at the time of the exam registration you can later purchase it for $249. A second full-length Practice Exam, CFP Board Practice Exam II, is available for purchase now in your online account for $249. You can purchase CFP Board Practice Exam II for 50% off when you add it during Early Bird exam registration. Take the second version and see how far you’ve come!
Once you access a practice exam, there are instructions available as well as a tutorial and a sample question to try before you start the actual practice exam.
You will be able to access your practice exam for up to 130 days from the date the practice exam is added to your account. You can access and return to the practice exam as often as you like during the access period. Once you have completed the practice exam and requested your score, your access will be limited to a read-only mode. This will allow you to continue to review questions, answers, and rationales, but you will no longer be able to change your answers or have the practice exam re-scored.
No. Although you can start and stop while you’re taking a practice exam, once you have completed the exam and submitted it for scoring by clicking “End”, you will not be able to take the exam again. However, you will have the ability to log back into the practice exam and view the questions and answers in read-only mode for the duration of the 130-day access period.
No. There are two different CFP Board practice exams, CFP Board Practice Exam I and CFP Board Practice Exam II, for you to use during your preparation (total of 340 unique questions). Each practice exam contains the same 170 questions each time it is added to your account.
Yes. There is an option for you to select so that you may see the correct answers with explanations once you have marked your answers.
Yes. While taking the practice exam, you can go back to earlier questions that you have answered. There is also a solutions button located on the bottom right of the screen for each exam question. You will be able to see the solutions for each question as you complete the exam, if desired.
Yes. There is a clock in the upper right hand corner of the screen while you are taking the exam. The clock will stop if you pause or leave the exam for any reason. Once you start your exam again, the clock will restart at the point where you left off.
The practice exam timer is set for 3 hours per session, 6 hours total, which is the same amount of time that is allotted for the 170 questions on the real exam. If the time runs out, you will still be able to continue to take the practice exam without the clock.
The practice exam features the ability to highlight passages within a question, to strike out answer choices, and to mark questions to return to for later review. You can also turn on or off the correct answers and rationales as you take the practice exam.
You can take the practice exam at any point leading up to an exam. However, taking the practice exam early in the preparation process can maximize the usefulness of the study tool by helping to identify which topic areas(s) you need to focus your study on.
A second full-length Practice Exam, CFP Board Practice Exam II, is also available. Take the second version and see how far you’ve come!
Plus, each practice exam comes with a 130-day access period so that you can revisit the questions and answers while you continue the study process.
Test Yourself With Our Free Sample Quiz
The sample quiz is made up of 10 questions that have appeared on previous CFP® exams, covering topics from the current exam. Once you complete the quiz, you can score yourself and review the correct answers and explanations.
Start Prepping Early: Use the Practice Exam
Taking the practice exam is the closest thing to taking the actual CFP® exam, and a great tool to add to your study plan. One practice exam, CFP Board Practice Exam I (a $249 value), is complimentary with your CFP® exam registration. A second full-length Practice Exam, CFP Board Practice Exam II, is available for purchase in your online account. Take the second version and see how far you’ve come!
Disclaimer: CFP Board's practice exam contains copyrighted material. CFP Board makes the material available to candidates in an effort to provide candidates with an opportunity to gain exposure to types of sample exam questions they may encounter on the CFP® exam. The practice exam also gives candidates the opportunity to gain exposure to taking an exam in a computer-based format. Use of the practice exam is optional. CFP Board is not making a claim to indicate that the material on the practice exam is the best or only means for preparing adequately for the CFP® certification examination.
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