CISI Practice Test Hub for UK Financial Services Exams

Last revised: July 10, 2026

Choose the right CISI practice test, mock exam, QBank, or question bank page for UK regulation, investment advice, wealth management, capital markets, risk, financial crime, and investment management papers.

Use this CISI hub when your target is a UK investment, advice, compliance, risk, financial-crime, wealth-management, capital-markets, or investment-management paper in Finance Prep. CISI means Chartered Institute for Securities & Investment. The live CISI practice pages give original Finance Prep sample exam questions, practice tests, mock exams, topic drills, detailed explanations, and count-backed question banks for supported papers.

The live pages fit candidates looking for CISI practice, a CISI mock exam, CISI question-bank review, or a CISI QBank before choosing a specific paper page, including Investment Advice Diploma, ICWIM, PCIAM, Chartered Wealth Manager, and Capital Markets Programme units now live in Finance Prep. Finance Prep is independent from CISI; the pages do not contain official CISI questions, copied live-exam content, or exam dumps.

Availability note: only the CISI papers listed in the live coverage table are currently included in Finance Prep. The request table lower on this page is for additional CISI qualifications that are not live yet, so request coverage before buying access for a specific unavailable paper.

Sample questions and practice preview

Open the exact CISI page that matches your paper and review its public sample exam questions before you start timed practice. The live pages are built around scenario-based UK regulation, investment, advice, wealth-management, capital-markets, risk, financial-crime, and investment-management decisions, with detailed explanations and topic drills in Finance Prep. They are designed as syllabus-aligned practice tests and mock exams, not trivia questions or puzzle-question drills.

Best page to open first

If your target is…Start hereWhy
A broad CISI foundation paper with markets, products, wrappers, trusts, taxation, and advice basicsCISI Introduction to InvestmentBest first CISI practice-test page when you want UK-specific breadth before a more specialised paper.
International wealth and investment management fundamentalsCISI ICWIMBest page when your target is the International Certificate in Wealth and Investment Management.
A UK regulation paper for FCA, PRA, conduct, authorisation, client assets, complaints, and financial crimeCISI UK Regulation & Professional IntegrityBest CISI mock-exam page for advice, compliance, supervision, and regulated-firm conduct work.
A retail-advice paper covering products, tax, risk, suitability, portfolios, and investor outcomesCISI Investment, Risk and TaxationBest CISI QBank page when your paper centres on wealth, advice, and suitability decisions.
The CISI Investment Advice Diploma securities unitCISI IAD SecuritiesBest page when you need money markets, fixed income, equities, funds, trading, settlement, accounts, benchmarks, and suitability practice.
The CISI Investment Advice Diploma derivatives unitCISI IAD DerivativesBest page when derivatives, futures, options, OTC products, clearing, settlement, hedging, and trading strategies are the target.
The CISI Investment Advice Diploma financial-planning unitCISI IAD Financial Planning and AdviceBest page when client protection, retirement, affordability, and recommendation practice are the target.
Private client investment advice and managementCISI PCIAMBest page when your target is private-client advice, instruments, taxation, trusts, and portfolio review.
Chartered Wealth Manager Financial MarketsCISI CWM Financial MarketsBest page when you need markets, accounts, bonds, equities, alternatives, derivatives, and the vignette companion for case-style market scenarios.
Chartered Wealth Manager portfolio construction theoryCISI CWM Portfolio ConstructionBest page when portfolio strategy, allocation, risk-return, behavioural finance, ESG, derivatives, benchmarking, and tax are the target.
Chartered Wealth Manager applied wealth managementCISI CWM Applied WealthBest page when applied client discovery, review, protection, pensions, retirement, philanthropy, tax, trusts, and estate planning are the target.
Capital Markets Programme UK regulationCISI CMP UK RegulationBest page when conduct of business, client assets, market integrity, complaints, and redress are the target.
Capital Markets Programme securities and derivativesCISI CMP Securities/DerivativesBest page when instruments, markets, issuance, trading, clearing, settlement, valuation, margin, and hedging are the target.
A cross-role risk paper covering operational, credit, market, liquidity, governance, and ERM riskCISI Risk in Financial ServicesBest CISI question-bank page for risk teams, controls roles, and broad financial-services risk review.
AML, sanctions, fraud, bribery, market abuse, and financial-crime controlsCISI Combating Financial CrimeBest CISI practice page for compliance, controls, financial crime, and regulated-firm oversight.
Valuation, portfolios, collectives, securities analysis, and Level 4 investment-management depthCISI Investment Management (Level 4)Best CISI technical-practice page for the investment-management lane.
The broader Investment Operations Certificate qualification before choosing a paperInvestment Operations Certificate (IOC)Best overview when your path is operations, servicing, controls, or oversight rather than advice.

Available now in Finance Prep

PageReal paperFinance Prep bankStrongest emphasisBest first use
Introduction to Investment50 questions in 60 minutes2,250 questionsMarkets, products, wrappers, trusts, and advice basicsOpen first when you need broad CISI foundation practice.
ICWIM100 questions in 120 minutes768 questionsFinancial services, regulation, markets, economics, investment management, advice, and lifetime provisionOpen first when your paper is the International Certificate in Wealth and Investment Management.
UK Regulation & Professional Integrity80 questions in 120 minutes2,286 questionsFinancial crime, conduct, authorisation, client assets, and complaintsOpen first when UK regulation or professional integrity is the paper.
Investment, Risk and Taxation80 questions in 120 minutes2,340 questionsTax, products, suitability, portfolio review, and advice processOpen first when your paper is advice, wealth, or investor outcomes.
IAD Securities80 questions in 120 minutes777 questionsInstruments, markets, trading, settlement, accounts, portfolios, and suitabilityOpen first when your IAD unit is securities.
IAD Derivatives80 questions in 120 minutes720 questionsFutures, options, OTC derivatives, clearing, delivery, settlement, and hedgingOpen first when your IAD unit is derivatives.
IAD Financial Planning and Advice80 questions in 120 minutes719 questionsFinancial planning, protection, retirement planning, retirement solutions, and recommendationsOpen first when your IAD unit is financial planning and advice.
PCIAM100 questions in 180 minutes795 questionsPrivate-client advice, taxation, trusts, instruments, financial advice, and portfolio reviewOpen first when your paper is Private Client Investment Advice and Management.
CWM Financial Markets100 questions in 180 minutes648 questions plus 216 vignette casesMacroeconomics, accounts, valuation, bonds, equities, alternatives, derivatives, trading, settlement, and market regulationOpen first when your paper is Chartered Wealth Manager Financial Markets; use the vignette companion for case-style practice.
CWM Portfolio Construction100 questions in 180 minutes750 questionsClient risk, allocation, MPT, risk-return, asset pricing, behavioural finance, ESG, derivatives, benchmarking, attribution, and taxOpen first when portfolio construction theory is the target.
CWM Applied Wealth100 questions in 180 minutes750 questionsConduct, client discovery, ongoing review, liquidity, protection, pensions, retirement, philanthropy, tax, trusts, and estate planningOpen first when applied wealth-management client advice is the target.
CMP UK Regulation75 questions in 90 minutes750 questionsRegulatory environment, conduct of business, client assets, market integrity, complaints, and redressOpen first when your CMP unit is UK Financial Regulation.
CMP Securities/Derivatives100 questions in 120 minutes813 questionsSecurities, derivatives, markets, issuance, trading, clearing, settlement, valuation, margin, hedging, and regulationOpen first when your CMP unit is Securities/Derivatives.
Risk in Financial Services100 questions in 120 minutes1,025 questionsOperational, credit, market, liquidity, governance, and ERMOpen first when risk frameworks and controls are the target.
Combating Financial Crime50 questions in 60 minutes1,000 questionsAML, sanctions, bribery, fraud, and financial-crime controlsOpen first when the exam is financial-crime focused.
Investment Management (Level 4)80 questions in 120 minutes1,098 questionsSecurities valuation, portfolios, collectives, and data analysisOpen first when your paper is the Level 4 investment-management unit.

Page guardrails

If this is your real target…Use this page insteadWhy
Canadian securities or investment-funds licensingCSI and CIRO exam pagesCISI pages are UK-focused; Canadian CSC, IFC, CIRE, RSE, WME, and IMT candidates need the Canada pages.
U.S. securities licensing such as SIE or Series 7U.S. securities exam pagesFINRA, NASAA, MSRB, and NFA pages use U.S. exam identities and Finance Prep routing.
Anti-money-laundering certification outside the CISI financial-crime paperACAMS CAMSCAMS is the separate ACAMS certification page, with its own Finance Prep question bank and sample exam questions.

Other CISI qualifications you can request

CISI offers additional wealth, operations, compliance, and international finance qualifications that are not currently included in Finance Prep. Use these rows to request coverage before buying access for a specific unavailable CISI paper.

Availability note: Only exams listed above as live or marked Available now are currently included in Finance Prep. Please request or contact support before buying access for an exam that is not listed as available.
Request rows are reviewed adjacent exams, not live Finance Prep coverage. Use the request link to send the exam, vendor, and source page prefilled.
ExamStatusActionSource
International Certificate in Wealth and Investment ManagementNot currently availableRequest this examCISI qualification page
International Investment Operations CertificateNot currently availableRequest this examCISI qualification page
Global Financial ComplianceNot currently availableRequest this examCISI qualification page
Islamic Finance QualificationNot currently availableRequest this examCISI qualification page

Adjacent exam checks

If you need to…Best pageWhy
See the non-official UK sequence firstUK RoadmapBest page when you want the order before you commit to one qualification.
Browse the wider securities exam catalogFinance exam pagesBest page when you want the broader Canada, U.S., UK, insurance, planning, and CPA page set in one place.

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