Series 7 vs Series 56

Discussion in 'Professional Trading' started by Scalperten, Jul 24, 2015.

  1. xandman

    xandman

    Tip: Don't start saying ( I want to start a hedge fund./I want to trade for a living) until you've more thoroughly discussed the basics. And, have progressed to a more intermediate level of trading discussions. At this level, you can be more thoroughly body slammed.

    It drives the natives crazy!

    Welcome to ET, btw.
     
    #11     Jul 25, 2015
  2. Do you have the ability to do a Google search? If you think the advice is bogus, then research it yourself. YES, the 7 is a harder test.
     
    #12     Jul 26, 2015
  3. You do realize that in order to get the 66, you must have a 7? The 66 is a combo test of the 65/63. Usually, the big brokers (Fidelity, Schwab, etc) will require the 66 to be passed once you have the 7. But in order to take the 7, you have to have a sponsoring broker.

    The Series 65, however, does not require a sponsoring broker, and with that test you can start your own advisory firm.
     
    #13     Jul 26, 2015