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Series 3 – National Commodities Futures Exam

The Series 3 exam—the National Commodities Futures Examination—is a National Futures Association (NFA) exam administered by FINRA.

The exam consists of 120 scored questions. Candidates have two hours and 30 minutes to complete the exam, which consists of two parts. A candidate must score 70% on each part in order to pass the exam.

Note: NFA exams are required to be taken in a test center. Online testing for NFA exams will be considered for individuals who live more than 150 miles from a testing center or those who are immunocompromised or experiencing underlying health conditions that put them at an increased risk for severe illness. Learn more by visiting the How to Schedule an Appointment to Take an Exam Online (Remotely) page.

For additional information about this exam, including the content outline, please visit the National Futures Association Proficiency Exam page.