Series 86 (FINRA Series 86 — Research Analyst (Analysis)) — Free Online Mock Test
FINRA research analyst Part 1 — required to publish equity research reports for a broker-dealer. 100 MCQ in 4.5 hours. Heavy quant: financial modelling, valuation, accounting, capital markets. 73% to pass. CFA L1/L2 holders may waive. · Official language: English.
Elite
United States
Finance & Professional
100 questions
270 min
50 distinct variants
Start free practice test →
Series 86 exam at a glance
Series 86 section breakdown
The Series 86 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.
Series 86 scoring & marking scheme
100–1000
Scaled score range
Strategy: Series 86 has no negative marking. Attempt every question — blank answers cost you potential marks but cannot pull your score down.
Scale: Series 86 (pass 73%).
How Series 86 is conducted
Mode
Proctored — Wrexa Edge mirrors this with a webcam-based proctoring flow (face detection, room scan, fullscreen lock, tab-switch detection).
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.
Series 86 time strategy
With 100 questions in 270 minutes, you have about 162 seconds per question on average. Successful candidates aim for the following pacing on each section:
Series 86 Full Exam (100 Q)
Target ~162 sec/question. If a question takes more than 243 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.
Series 86 topics covered
Across the 50 Wrexa Edge variants of Series 86, the following topics appear most often (sample distribution from one variant):
Series 86 Full Exam (100 Q)
- Statistics — Percentages · 10
- Statistics — Probability · 10
- Statistics — Mean · 9
- Statistics — Median · 9
- Reading — Vaccines · 5
- Reading — Neural Networks · 5
- Reading — Trade History · 4
- Reading — Plate Tectonics · 4
Sample Series 86 questions
A preview of real practice questions from the Wrexa Edge Series 86 bank — the same style, phrasing and difficulty you'll face on test day. Full solutions unlock free inside the mock.
Series 86 Full Exam (100 Q) · Algebra — Quadratics
Q1. One solution of x² - 9x + 20 = 0 is:
Why: Factors as (x - 4)(x - 5) = 0.
Series 86 Full Exam (100 Q) · Algebra — Systems
Q2. If x + y = 19 and x - y = 1, what is x?
Why: Adding: 2x = 20 → x = 10.
Series 86 Full Exam (100 Q) · Algebra — Exponents
Q3. Simplify: 2^6 × 2^7 =
Why: Same base: add exponents.
Series 86 Full Exam (100 Q) · Algebra — Inequalities
Q4. If 12x - 10 > 22, the smallest integer solution for x is:
Why: 12x > 32 → x > 2.67; smallest integer = 2.
Series 86 Full Exam (100 Q) · Algebra — Functions
Q5. If f(x) = 2x² + 12, then f(3) =
Why: 2(9) + 12 = 18 + 12.
Series 86 Full Exam (100 Q) · Geometry — Circles
Q6. Area of a circle with radius 3 is approximately:
Why: πr² = π × 3² ≈ 28.3.
These are a handful of the 5000 unique Series 86 questions across all 50 Wrexa Edge variants — start a free mock to attempt the full set with instant scoring.
Series 86 difficulty calibration
Elite tier. Elite-tier: among the toughest exams in its category. Most successful candidates prepare for 6-12+ months.
FINRA research analyst Part 1 — required to publish equity research reports for a broker-dealer. 100 MCQ in 4.5 hours. Heavy quant: financial modelling, valuation, accounting, capital markets. 73% to pass. CFA L1/L2 holders may waive. · Official language: English.
Verified content — Wrexa Edge's Series 86 bank has been deeply curated with real exam-aligned content (estimated 100% syllabus coverage).
How Wrexa Edge prepares you for Series 86
Real test-day interface
Our cert skin mirrors the actual Series 86 testing software — same timer, palette, tools, and navigation.
50 distinct variants
5000 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 real Series 86 test-day conditions.
Free to start
No credit card. Sign up, pick a variant, and your first Series 86 mock starts in under a minute.
Series 86 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 — Series 86 Full Exam (100 Q) — 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 Series 86 Full Exam (100 Q) 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 Series 86 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 Series 86 can take you
A strong Series 86 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 Series 86 exam pattern?
- FINRA Series 86 — Research Analyst (Analysis) contains 100 questions across 1 section: Series 86 Full Exam (100 Q). Total duration is 270 minutes (about 162 seconds per question).
- Does Series 86 have negative marking?
- No — Series 86 has no negative marking. Each correct answer is worth 1 mark, so attempt every question.
- How is Series 86 scored?
- Scaled score range: 100 to 1000. Series 86 (pass 73%).
- How can I practise Series 86 online for free?
- Wrexa Edge gives you 10 free full-length Series 86 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 Series 86?
- Series 86 is rated Elite difficulty on Wrexa Edge. Elite-tier: among the toughest exams in its category. Most successful candidates prepare for 6-12+ months. FINRA research analyst Part 1 — required to publish equity research reports for a broker-dealer. 100 MCQ in 4.5 hours. Heavy quant: financial modelling, valuation, accounting, capital markets. 73% to pass. CFA L1/L2 holders may waive. · Official language: English.
- How long is the Series 86 exam?
- Series 86 runs for 270 minutes total. On Wrexa Edge the timer is enforced exactly as on the real exam — including no inter-section breaks.
- What topics are covered in Series 86?
- Series 86 is split into: Series 86 Full Exam (100 Q). Each section is timed and weighted separately. FINRA research analyst Part 1 — required to publish equity research reports for a broker-dealer. 100 MCQ in 4.5 hours. Heavy quant: financial modelling, valuation, accounting, capital markets. 73% to pass. CFA L1/L2 holders may waive. · Official language: English.
- What tools or aids are allowed during Series 86?
- No special tools are required. Note: real exam is proctored — Wrexa Edge mirrors this with a webcam-based proctoring flow you can enable.
- Is the Series 86 test adaptive?
- No — Series 86 is a fixed-form (linear) test. Every candidate sees the same number of questions per section.
- How many Series 86 mock tests does Wrexa Edge offer?
- Wrexa Edge generates 50 distinct Series 86 variants — each with different question content, not just shuffled options — the first 10 free for everyone and 40 more with Pro. That's 5000 unique practice questions in the real test-day interface.
- Is there a free Series 86 test series 2026?
- Yes. The Wrexa Edge Series 86 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 Series 86 previous year question–style papers included?
- Every Series 86 mock is modelled on the official exam pattern and the style of previous years' papers — the same 100-question structure, sections and marking — so your practice mirrors the real paper you'll sit.
- Which is the best free Series 86 mock test online?
- Wrexa Edge's Series 86 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 Series 86 mock test on mobile?
- Yes. Series 86 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 Series 86 syllabus?
- The Series 86 syllabus maps to its 1 section: Series 86 Full Exam (100 Q). 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 Series 86?
- Eligibility for Series 86 — 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 Series 86 practice: 10 free full-length mocks in the exact exam pattern, ready whenever you are.
- When is the Series 86 exam and how should I prepare?
- Official Series 86 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 Series 86 mocks with instant scoring so you can track your readiness week by week.
Ready to ace Series 86?
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