CMT Level I (Chartered Market Technician — Level I) — Free Online Mock Test

CMT Level I exam at a glance

CMT Level I full-length mock tests

Attempt 50 full-length CMT Level I mock tests, each a distinct question set built on the real 132-question, 120-minute pattern — with instant scoring and section-wise analysis. The first 3 are free.

CMT Level I key facts & eligibility

Who is eligible for CMT Level I?

No formal prerequisite for Level I; earning the full CMT charter also requires professional experience and CMT Association membership.

Last verified July 2026 against CMT Program — CMT Association. Always confirm current details on the official website before you register.

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.

• Chart Development & Analysis (62 Q · 47%)
  62 questions · 56 minutes · ~54 sec/question
• Markets & Indicators (28 Q · 21%)
  28 questions · 26 minutes · ~56 sec/question
• Technical Investment Strategies (24 Q · 18%)
  24 questions · 21 minutes · ~53 sec/question
• Statistical Analysis (8 Q · 6%)
  8 questions · 7 minutes · ~53 sec/question
• System Testing (6 Q · 5%)
  6 questions · 6 minutes · ~60 sec/question
• 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

• Calculator
  On-screen scientific calculator (matches the real exam interface).

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 · 12
• 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 · 8
• Markets — Breadth · 5
• Markets — Bollinger Bands · 4
• Markets — Volume · 4
• Markets — Sentiment · 4
• Markets — Moving Averages · 3

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

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.

Where CMT Level I can take you

A strong CMT Level I result opens up these careers and higher-study paths:

• Toward the CMT charter
  Level I is the first of three exams for the Chartered Market Technician designation.
• Technical-analysis roles
  Supports roles in trading, portfolio management and market research.
• Recognised specialisation
  The CMT is the leading credential in technical analysis.
• Investment-career edge
  Complements fundamental analysis for markets professionals.

Best books & official prep for CMT Level I

• CMT Association official curriculum (Level I) — CMT Association
  The syllabus source of truth for the exam.
• Technical Analysis of the Financial Markets — John J. Murphy
  A classic that covers much of the Level I foundation.

Official practice: Level I is broad and definitional — work the official curriculum and drill question banks on indicators, patterns and chart construction, which carry the most weight.

Previous-year papers: The CMT Association provides the curriculum and practice questions rather than past papers.

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 3 free full-length CMT Level I mock tests — with instant scoring, detailed explanations and analytics — plus 47 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 3 free for everyone and 47 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 3 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?

No formal prerequisite for Level I; earning the full CMT charter also requires professional experience and CMT Association membership. Wrexa Edge focuses on realistic CMT Level I practice: 3 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 3 free CMT Level I mocks with instant scoring so you can track your readiness week by week.

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