FINRA Series 28 Practice Test & Mock Exam

Practice FINRA Series 28 with Finance Prep sample exam questions, practice tests, timed mock exams, introducing-firm operations drills, FINOP scenarios, and detailed explanations.

Open Finance Prep for Series 28 practice tests, timed mock exams, topic drills, question-bank review, detailed explanations, and progress tracking across web and mobile. The focused topic pages and free-practice previews are scenario-based and outline aligned: they test introducing broker-dealer financial responsibility, net capital, books and records, reporting, custody limits, operational controls, and FINOP judgment, not trivia or puzzle questions.

Finance Prep’s FINRA Series 28 practice is original and provider-specific. Mastery Exam Prep / Finance Prep is independent from FINRA; public preview pages are not official FINRA Series 28 questions, copied live-exam content, or exam dumps.

Practice preview and focused pages

Use this page to start the web app and choose the right public preview before longer mixed practice. For sample exam questions, use the quick review and free-practice page in this exam section; the interactive app remains the primary practice path.

  • Quick review: Key rules and formulas; practice with explanations.
  • Free practice exam: Practice 95 free FINRA Series 28 sample exam questions across the official topic areas, with answers, explanations, timed mock exams, topic drills, and the Finance Prep next step.

What this Series 28 practice page gives you

  • a direct web entry for Series 28 practice in Finance Prep
  • focused sample-question pages for introducing-firm FINOP decisions
  • topic guidance for financial reporting, books and records, net capital, and customer-protection exemption logic
  • a clear web preview path for previewing question style before deeper practice
  • the same Finance Prep subscription across web and mobile

Series 28 exam snapshot

  • Provider: FINRA
  • Exam: Introducing Broker-Dealer Financial and Operations Principal Qualification Examination
  • Practice reference: 95 practice questions in 120 minutes
  • Registration context: FINOP route for introducing firms that do not carry customer assets

Topic weighting for Series 28 practice

Blueprint areaApprox. weight
Function 1 — Financial reporting17%
Function 2 — Operations, regulations, and preservation of books and records31%
Function 3 — Net capital33%
Function 4 — Customer protection, funding, and cash management19%

What Series 28 is really testing

Series 28 is a control-and-classification exam. The candidate has to know what belongs to the introducing firm, what belongs to the clearing firm, how records and filings stay defensible, and how a smaller firm’s capital and cash-management decisions affect regulatory compliance.

How Series 28 differs from similar routes

If you are choosing between…Main distinction
Series 28 vs Series 27Series 28 is the introducing-firm FINOP route; Series 27 is the carrying-firm FINOP route with broader customer-protection and operational scope.
Series 28 vs Series 99Series 28 is principal-level FINOP control and reporting work; Series 99 is operations workflow and control execution.
Series 28 vs Series 14Series 28 is financial and operational responsibility for introducing firms; Series 14 is compliance-officer control and escalation work.
Series 28 vs Series 24Series 28 is FINOP-specific; Series 24 is broad broker-dealer principal supervision.

How to use Series 28 practice tests efficiently

  1. Start with net capital and books-and-records drills because those are the cleanest scoring areas.
  2. Review every miss until you can explain whether the duty belongs to the introducing firm, the clearing firm, or both.
  3. Move into mixed sets once you can switch between FOCUS logic, customer-protection exemption, and operational exceptions without hesitation.
  4. Finish with timed mock exams so the 120-minute pace feels controlled.

Series 28 decision filters

  • Introducing-firm scope: identify whether the issue belongs to introducing broker-dealer records, net capital, FOCUS reporting, or operational controls.
  • Financial test: decide what must be calculated, reconciled, reserved, filed, or corrected before the firm can rely on the result.
  • Books-and-records evidence: check whether the answer leaves enough records to support the firm’s financial responsibility.
  • Escalation point: choose the response that protects the firm’s regulatory condition before a small discrepancy becomes a capital or filing issue.

When Series 28 practice is enough

If several unseen mixed attempts are above roughly 75% and you can explain the introducing-firm scope, financial test, and records consequence behind each miss, you are likely ready. More practice should improve FINOP control judgment, not memorized filing labels.

Public previews and Finance Prep practice

  • Live now: this practice bank is available in Finance Prep on web, iOS, and Android.
  • Focused preview pages: use the topic, quick-review, and free-practice pages in this section when you want public sample questions before deeper practice.
  • Finance Prep practice: open the Finance Prep web app or mobile app for mixed practice tests, topic drills, and timed mock exams.

Good next pages after Series 28

  • Series 27 if you are comparing the introducing-firm FINOP path against the carrying-firm route
  • Series 99 if you want the operations-professional workflow page beside the FINOP path
  • Series 14 if the real target is compliance-officer control rather than FINOP responsibility
  • FINRA if you want the full principal, FINOP, and operations route map first

In this section

  • Series 28 — Introducing Broker-Dealer Financial and Operations Principal Qualification Examination Quick Review
    Independent Quick Review for the FINRA Series 28 exam, focused on introducing broker-dealer financial responsibility, net capital, reporting, books and records, and operations.
  • Series 28 Study Plan
    Practical 7-, 14-, 30-, and 60/90-day study plan for the FINRA Series 28 exam, with daily practice rhythm, mock exams, and missed-question review.
  • Series 28 — Introducing Broker-Dealer FINOP Exam Blueprint
    Practical Series 28 exam blueprint for FINRA candidates reviewing introducing broker-dealer FINOP duties, net capital, records, reporting, and operations.
  • Series 28 Scenario Practice Guide
    Practical scenario-reading guide for FINRA Series 28 candidates preparing for financial and operations principal questions.
  • Series 28 Quick Reference
    Compact FINRA Series 28 quick reference for introducing broker-dealer FINOP candidates, covering net capital, customer protection, books and records, reporting, clearing relationships, and exam traps.
  • Series 28: Financial Reporting
    Practice 10 focused FINRA Series 28 sample exam questions on Financial Reporting, with explanations, then continue with Finance Prep practice tests and mock exams.
  • Series 28: Operations and Records
    Practice 10 focused FINRA Series 28 sample exam questions on Operations and Records, with explanations, then continue with Finance Prep practice tests and mock exams.
  • Series 28: Net Capital
    Practice 10 focused FINRA Series 28 sample exam questions on Net Capital, with explanations, then continue with Finance Prep practice tests and mock exams.
  • Series 28: Customer Protection and Cash
    Practice 10 focused FINRA Series 28 sample exam questions on Customer Protection and Cash, with explanations, then continue with Finance Prep practice tests and mock exams.
  • Free FINRA Series 28 Practice Exam
    Practice 95 free FINRA Series 28 sample exam questions across the official topic areas, with answers, explanations, timed mock exams, topic drills, and the Finance Prep next step.
  • Series 28 Official Resources
    Find official FINRA Series 28 resources to verify exam rules, registration, version details, and how to pair them with independent practice.
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