CMT Level I (Chartered Market Technician — Level I) — Free Online Mock Test
132 MCQ / 2 hours · no negative marking. Foundations of technical analysis across the six official topic areas: Chart Development & Analysis (47%), Markets & Indicators (21%), Technical Investment Strategies (18%), Statistical Analysis (6%), System Testing (5%), and Ethics (3%). · Official language: English.
Advanced
Finance & Professional
132 questions
120 min
50 distinct variants
Start free practice test →
CMT Level I exam at a glance
CMT Level I section breakdown
The CMT Level I mock test on Wrexa Edge replicates the real exam's section structure — same names, same question count per section, same time limits. No inter-section breaks — the timer runs continuously.
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Chart Development & Analysis (62 Q · 47%)
62 questions · 56 minutes · ~54 sec/question
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Markets & Indicators (28 Q · 21%)
28 questions · 26 minutes · ~56 sec/question
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Technical Investment Strategies (24 Q · 18%)
24 questions · 21 minutes · ~53 sec/question
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Statistical Analysis (8 Q · 6%)
8 questions · 7 minutes · ~53 sec/question
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System Testing (6 Q · 5%)
6 questions · 6 minutes · ~60 sec/question
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Ethics — CMT Code of Conduct (4 Q · 3%)
4 questions · 4 minutes · ~60 sec/question
CMT Level I scoring & marking scheme
Strategy: CMT Level I has no negative marking. Attempt every question — blank answers cost you potential marks but cannot pull your score down.
Scale: CMT Level I (pass/fail).
How CMT Level I is conducted
Mode
Standard — practice without proctoring on Wrexa Edge, or enable optional webcam proctoring to simulate test-day conditions.
Test format
Linear / fixed-form — every candidate sees the same number of questions per section.
Backtracking
Allowed — you can revisit and change answers within a section.
Mark for review
Available — flag tough questions and return to them before submitting the section.
Tools available during the CMT Level I exam
Wrexa Edge renders these tools inside the mock test exactly as they appear on the real CMT Level I exam — same shortcuts, same behaviour.
CMT Level I time strategy
With 132 questions in 120 minutes, you have about 55 seconds per question on average. Successful candidates aim for the following pacing on each section:
Chart Development & Analysis (62 Q · 47%)
Target ~54 sec/question. If a question takes more than 81 seconds, mark for review and move on.
Markets & Indicators (28 Q · 21%)
Target ~56 sec/question. If a question takes more than 84 seconds, mark for review and move on.
Technical Investment Strategies (24 Q · 18%)
Target ~53 sec/question. If a question takes more than 80 seconds, mark for review and move on.
Statistical Analysis (8 Q · 6%)
Target ~53 sec/question. If a question takes more than 80 seconds, mark for review and move on.
System Testing (6 Q · 5%)
Target ~60 sec/question. If a question takes more than 90 seconds, mark for review and move on.
Ethics — CMT Code of Conduct (4 Q · 3%)
Target ~60 sec/question. If a question takes more than 90 seconds, mark for review and move on.
Wrexa Edge's analytics show your actual time-per-question after every mock so you can spot which sections you're losing time on.
CMT Level I topics covered
Across the 50 Wrexa Edge variants of CMT Level I, the following topics appear most often (sample distribution from one variant):
Chart Development & Analysis (62 Q · 47%)
- Chart — Patterns · 14
- Chart — Candlesticks · 9
- Chart — Moving Averages · 6
- Chart — Support & Resistance · 5
- Chart — Dow Theory · 5
- Chart — Trendlines · 4
- Chart — Gaps · 4
- Chart — Point & Figure · 3
Markets & Indicators (28 Q · 21%)
- Markets — Momentum · 10
- Markets — Breadth · 5
- Markets — Sentiment · 5
- Markets — Asset Classes · 3
- Markets — Volume · 2
- Markets — Intermarket · 2
- Markets — Relative Strength · 1
Technical Investment Strategies (24 Q · 18%)
- Strategy — Risk Management · 4
- Strategy — Entries · 3
- Strategy — Money Management · 3
- Strategy — Trend Following · 2
- Strategy — Relative Strength · 2
- Strategy — Exits · 2
- Strategy — Cycles · 2
- Strategy — Discipline · 1
Statistical Analysis (8 Q · 6%)
- Stats — Regression · 2
- Stats — Risk Measures · 2
- Stats — Distributions · 2
- Stats — Correlation · 1
- Stats — Volatility · 1
System Testing (6 Q · 5%)
- System — Validation · 2
- System — Metrics · 1
- System — Backtesting · 1
- System — Overfitting · 1
- System — Robustness · 1
Ethics — CMT Code of Conduct (4 Q · 3%)
- Ethics — Professional Conduct · 1
- Ethics — Fair Dealing · 1
- Ethics — Competence · 1
- Ethics — Code of Conduct · 1
Sample CMT Level I questions
A preview of real practice questions from the Wrexa Edge CMT Level I bank — the same style, phrasing and difficulty you'll face on test day. Full solutions unlock free inside the mock.
Chart Development & Analysis (62 Q · 47%) · Chart — Patterns
Q1. A rounding bottom (saucer) indicates:
Why: Correct answer: D — A gradual shift from a downtrend to an uptrend. Topic: Chart — Patterns.
Markets & Indicators (28 Q · 21%) · Markets — Momentum
Q2. The Rate of Change (ROC) indicator measures:
Why: Correct answer: D — The percentage change in price over a set number of periods. Topic: Markets — Momentum.
Technical Investment Strategies (24 Q · 18%) · Strategy — Discipline
Q3. A common discipline to avoid emotional trading is to:
Why: Correct answer: D — Follow a predefined trading plan with rules for entries, exits and risk. Topic: Strategy — Discipline.
Statistical Analysis (8 Q · 6%) · Stats — Regression
Q4. Linear regression fits a line that:
Why: Correct answer: D — Minimizes the squared distances between the data and the line. Topic: Stats — Regression.
System Testing (6 Q · 5%) · System — Metrics
Q5. The "profit factor" of a system is:
Why: Correct answer: D — Gross profit divided by gross loss. Topic: System — Metrics.
Ethics — CMT Code of Conduct (4 Q · 3%) · Ethics — Professional Conduct
Q6. When presenting a market opinion, a CMT member should:
Why: Correct answer: D — Distinguish fact from opinion and not misrepresent their analysis. Topic: Ethics — Professional Conduct.
These are a handful of the 6600 unique CMT Level I questions across all 50 Wrexa Edge variants — start a free mock to attempt the full set with instant scoring.
CMT Level I difficulty calibration
Advanced tier. Advanced-level: high-stakes exam with rigorous content depth. Expect 4-8 months of structured prep.
132 MCQ / 2 hours · no negative marking. Foundations of technical analysis across the six official topic areas: Chart Development & Analysis (47%), Markets & Indicators (21%), Technical Investment Strategies (18%), Statistical Analysis (6%), System Testing (5%), and Ethics (3%). · Official language: English.
Verified content — Wrexa Edge's CMT Level I bank has been deeply curated with real exam-aligned content (estimated 100% syllabus coverage).
How Wrexa Edge prepares you for CMT Level I
Real test-day interface
Our sat skin mirrors the actual CMT Level I testing software — same timer, palette, tools, and navigation.
50 distinct variants
6600 unique practice questions, each variant a fresh test — not just shuffled options.
Detailed analytics
Scaled score, section accuracy, topic-wise heatmap, time-per-question — see where to focus after every attempt.
Spaced repetition (Notebook)
Wrong answers and flagged questions flow into an SM-2 spaced-repetition deck so you actually retain what you learn.
Optional proctoring
Browser-based face-api detection (no install) — turn it on to simulate a high-stakes environment.
Free to start
No credit card. Sign up, pick a variant, and your first CMT Level I mock starts in under a minute.
CMT Level I study plan
A phase-by-phase roadmap from your first concept to test-ready. Stretch or compress each phase to fit the time you have before your attempt.
1
Phase 1 — Learn the syllabus
Weeks 1–4
- Work through every section — Chart Development & Analysis (62 Q · 47%), Markets & Indicators (28 Q · 21%), Technical Investment Strategies (24 Q · 18%), Statistical Analysis (8 Q · 6%), System Testing (6 Q · 5%), Ethics — CMT Code of Conduct (4 Q · 3%) — from your core study material
- Make short notes and a formula/fact sheet you can revise quickly
- Attempt topic questions right after finishing each area
2
Phase 2 — Practice & sectionals
Weeks 5–8
- Solve previous-year and practice questions section by section
- Time yourself on Chart Development & Analysis (62 Q · 47%) and your weakest areas
- Keep an error log and revisit every mistake weekly
3
Phase 3 — Full-length mocks
Weeks 9–12
- Take full-length CMT Level I mocks in the real test interface
- Analyse accuracy, time per question and silly mistakes after each mock
- Revise from notes and re-attempt only weak-topic questions
Where CMT Level I can take you
A strong CMT Level I result opens up these careers and higher-study paths:
Banking & financial services
Roles across retail and corporate banking, insurance and non-banking financial companies.
Accounting, audit & analysis
Positions in audit, taxation, financial analysis and advisory at firms and corporates.
Professional designation path
A stepping stone toward advanced qualifications and senior finance and consulting roles.
Frequently asked questions
- What is the CMT Level I exam pattern?
- Chartered Market Technician — Level I contains 132 questions across 6 sections: Chart Development & Analysis (62 Q · 47%), Markets & Indicators (28 Q · 21%), Technical Investment Strategies (24 Q · 18%), Statistical Analysis (8 Q · 6%), System Testing (6 Q · 5%), Ethics — CMT Code of Conduct (4 Q · 3%). Total duration is 120 minutes (about 55 seconds per question).
- Does CMT Level I have negative marking?
- No — CMT Level I has no negative marking. Each correct answer is worth 1 mark, so attempt every question.
- How is CMT Level I scored?
- Scaled score range: 0 to 100. CMT Level I (pass/fail).
- How can I practise CMT Level I online for free?
- Wrexa Edge gives you 10 free full-length CMT Level I mock tests — with instant scoring, detailed explanations and analytics — plus 40 more with Pro. Start practising in under a minute, no card required.
- What is the difficulty level of CMT Level I?
- CMT Level I is rated Advanced difficulty on Wrexa Edge. Advanced-level: high-stakes exam with rigorous content depth. Expect 4-8 months of structured prep. 132 MCQ / 2 hours · no negative marking. Foundations of technical analysis across the six official topic areas: Chart Development & Analysis (47%), Markets & Indicators (21%), Technical Investment Strategies (18%), Statistical Analysis (6%), System Testing (5%), and Ethics (3%). · Official language: English.
- How long is the CMT Level I exam?
- CMT Level I runs for 120 minutes total across 6 sections. On Wrexa Edge the timer is enforced exactly as on the real exam — including no inter-section breaks.
- What topics are covered in CMT Level I?
- CMT Level I is split into: Chart Development & Analysis (62 Q · 47%), Markets & Indicators (28 Q · 21%), Technical Investment Strategies (24 Q · 18%), Statistical Analysis (8 Q · 6%), System Testing (6 Q · 5%), Ethics — CMT Code of Conduct (4 Q · 3%). Each section is timed and weighted separately. 132 MCQ / 2 hours · no negative marking. Foundations of technical analysis across the six official topic areas: Chart Development & Analysis (47%), Markets & Indicators (21%), Technical Investment Strategies (18%), Statistical Analysis (6%), System Testing (5%), and Ethics (3%). · Official language: English.
- What tools or aids are allowed during CMT Level I?
- On-screen scientific calculator (matches the real exam interface).
- Is the CMT Level I test adaptive?
- No — CMT Level I is a fixed-form (linear) test. Every candidate sees the same number of questions per section.
- How many CMT Level I mock tests does Wrexa Edge offer?
- Wrexa Edge generates 50 distinct CMT Level I variants — each with different question content, not just shuffled options — the first 10 free for everyone and 40 more with Pro. That's 6600 unique practice questions in the real test-day interface.
- Is there a free CMT Level I test series 2026?
- Yes. The Wrexa Edge CMT Level I test series for 2026 gives you 10 free full-length mock tests (50 in total) plus subject-wise and topic-wise tests — instant scoring and detailed analysis, no card required.
- Are CMT Level I previous year question–style papers included?
- Every CMT Level I mock is modelled on the official exam pattern and the style of previous years' papers — the same 132-question structure, sections and marking — so your practice mirrors the real paper you'll sit.
- Which is the best free CMT Level I mock test online?
- Wrexa Edge's CMT Level I mock test replicates the real exam interface, timing and marking scheme, with instant score, section-wise analysis and 50 fresh variants — a strong free choice for 2026 preparation.
- Can I take the CMT Level I mock test on mobile?
- Yes. CMT Level I mock tests run in any browser on mobile, tablet or desktop — no app or download needed. Start on your phone and your progress and analytics sync when you sign in.
- What is the CMT Level I syllabus?
- The CMT Level I syllabus maps to its 6 sections: Chart Development & Analysis (62 Q · 47%), Markets & Indicators (28 Q · 21%), Technical Investment Strategies (24 Q · 18%), Statistical Analysis (8 Q · 6%), System Testing (6 Q · 5%), Ethics — CMT Code of Conduct (4 Q · 3%). Wrexa Edge's mock tests cover the complete syllabus topic by topic — see the topics-covered breakdown above — so you practise every area at real exam difficulty.
- What is the eligibility for CMT Level I?
- Eligibility for CMT Level I — age, qualification and number of attempts — is set by the official conducting body and can change each cycle, so always confirm the current official notification before applying. Wrexa Edge focuses on realistic CMT Level I practice: 10 free full-length mocks in the exact exam pattern, ready whenever you are.
- When is the CMT Level I exam and how should I prepare?
- Official CMT Level I exam dates are announced by the conducting body for each cycle — check the latest notification for the current schedule. To be ready, follow a phased study plan and take full-length timed mocks; Wrexa Edge gives you 10 free CMT Level I mocks with instant scoring so you can track your readiness week by week.
Ready to ace CMT Level I?
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