Navigation Menu
Home
Full Length Papers
News Blog
CFA 2026 Free Practice Tests & FLP Mock Tests

CFA 2026 Free Practice Tests | Online FLP Mock Tests

Every subject, every chapter, every quiz — plus complete full-length papers. Pick what you need.

📋 CFA — Test Overview

Conducting BodyCFA Institute
Frequency4 times a year (February, May, August, November)
Duration70 minutes
Total MCQs90
Negative MarkingNo
Merit Formula: -

🧠 CFA — All Subjects, Chapters & Quizzes

Click any level to expand. Every quiz below is free — attempt as many times as you want.

CFA - Level I4239 MCQs • 10 subjects
Alternative Investments410 MCQs
Alternative Assets32 MCQs • 4 quizzes
Commodities33 MCQs • 4 quizzes
Digital Assets32 MCQs • 4 quizzes
Gold32 MCQs • 4 quizzes
Gold ETF31 MCQs • 4 quizzes
Gold ETFs1 MCQs • 1 quiz
Gold Investment31 MCQs • 4 quizzes
Gold Market31 MCQs • 4 quizzes
Gold Prices32 MCQs • 4 quizzes
Hedge Funds32 MCQs • 4 quizzes
Luxury Cars31 MCQs • 4 quizzes
Private Debt32 MCQs • 4 quizzes
Private Equity29 MCQs • 3 quizzes
Real Estate31 MCQs • 4 quizzes
Corporate Issuers351 MCQs
Acquisitions33 MCQs • 4 quizzes
Business Models32 MCQs • 4 quizzes
Capital Budgeting32 MCQs • 4 quizzes
Capital Structure33 MCQs • 4 quizzes
Car Financing31 MCQs • 4 quizzes
Corporate Governance32 MCQs • 4 quizzes
Cost of Capital30 MCQs • 3 quizzes
Dividends32 MCQs • 4 quizzes
Mergers32 MCQs • 4 quizzes
Share Repurchases31 MCQs • 4 quizzes
Working Capital33 MCQs • 4 quizzes
Derivatives358 MCQs
Auto Hedging32 MCQs • 4 quizzes
Derivative Markets32 MCQs • 4 quizzes
Derivative Valuation13 MCQs • 2 quizzes
Forward Contracts32 MCQs • 4 quizzes
Futures Contracts32 MCQs • 4 quizzes
Gold Forwards32 MCQs • 4 quizzes
Gold Futures32 MCQs • 4 quizzes
Gold Hedging35 MCQs • 4 quizzes
Gold Options32 MCQs • 4 quizzes
Option Contracts20 MCQs • 2 quizzes
Option Strategies34 MCQs • 4 quizzes
Swap Contracts32 MCQs • 4 quizzes
Economics524 MCQs
Business Cycles31 MCQs • 4 quizzes
Capital Flows33 MCQs • 4 quizzes
Economic Growth32 MCQs • 4 quizzes
Exchange Rates32 MCQs • 4 quizzes
Fiscal Policy32 MCQs • 4 quizzes
Gold Currency31 MCQs • 4 quizzes
Gold Inflation30 MCQs • 3 quizzes
Gold Policy36 MCQs • 4 quizzes
Gold Rates31 MCQs • 4 quizzes
Gold Standard34 MCQs • 4 quizzes
Inflation33 MCQs • 4 quizzes
International Trade36 MCQs • 4 quizzes
Luxury Demand31 MCQs • 4 quizzes
Market Structures33 MCQs • 4 quizzes
Monetary Policy33 MCQs • 4 quizzes
Unemployment36 MCQs • 4 quizzes
Equity Investments458 MCQs
Company Analysis33 MCQs • 4 quizzes
Dividend Models33 MCQs • 4 quizzes
Equity Markets33 MCQs • 4 quizzes
Equity Multiples32 MCQs • 4 quizzes
Equity Valuation33 MCQs • 4 quizzes
Free Cash Flow36 MCQs • 4 quizzes
Gold Companies40 MCQs • 4 quizzes
Gold Mining42 MCQs • 5 quizzes
Gold Stocks43 MCQs • 5 quizzes
Industry Analysis35 MCQs • 4 quizzes
Luxury Brands33 MCQs • 4 quizzes
Market Indexes33 MCQs • 4 quizzes
Market Organization32 MCQs • 4 quizzes
Ethics359 MCQs
Car Disclosure29 MCQs • 3 quizzes
Client Duties30 MCQs • 3 quizzes
Conflicts33 MCQs • 4 quizzes
Employer Duties36 MCQs • 4 quizzes
Ethics Code34 MCQs • 4 quizzes
GIPS34 MCQs • 4 quizzes
Investment Analysis34 MCQs • 4 quizzes
Market Manipulation31 MCQs • 4 quizzes
Nonpublic Info33 MCQs • 4 quizzes
Professional Standards32 MCQs • 4 quizzes
Professionalism33 MCQs • 4 quizzes
Financial Statement Analysis434 MCQs
Accounting Process36 MCQs • 4 quizzes
Balance Sheet33 MCQs • 4 quizzes
Car Depreciation28 MCQs • 3 quizzes
Cash Flow34 MCQs • 4 quizzes
Financial Analysis36 MCQs • 4 quizzes
Financial Reporting Quality36 MCQs • 4 quizzes
Financial Statements34 MCQs • 4 quizzes
Income Statement31 MCQs • 4 quizzes
Inventory34 MCQs • 4 quizzes
Leases32 MCQs • 4 quizzes
Long-Lived Assets33 MCQs • 4 quizzes
Revenue Recognition33 MCQs • 4 quizzes
Taxes34 MCQs • 4 quizzes
Fixed Income450 MCQs
Auto Credit27 MCQs • 3 quizzes
Bond Features35 MCQs • 4 quizzes
Bond Pricing30 MCQs • 3 quizzes
Convexity34 MCQs • 4 quizzes
Credit Risk33 MCQs • 4 quizzes
Duration34 MCQs • 4 quizzes
Gold Bonds40 MCQs • 4 quizzes
Gold Inflation49 MCQs • 5 quizzes
Gold Interest Rates32 MCQs • 4 quizzes
Interest Rates31 MCQs • 4 quizzes
Securitization36 MCQs • 4 quizzes
Term Structure36 MCQs • 4 quizzes
Yield Measures33 MCQs • 4 quizzes
Portfolio Management389 MCQs
Asset Allocation32 MCQs • 4 quizzes
Car Diversification28 MCQs • 3 quizzes
Diversification32 MCQs • 4 quizzes
Gold Diversification32 MCQs • 4 quizzes
Gold Hedge32 MCQs • 4 quizzes
Gold Portfolio33 MCQs • 4 quizzes
Gold Risk36 MCQs • 4 quizzes
Investment Policy32 MCQs • 4 quizzes
Performance Evaluation36 MCQs • 4 quizzes
Portfolio Construction32 MCQs • 4 quizzes
Portfolio Return31 MCQs • 4 quizzes
Portfolio Risk33 MCQs • 4 quizzes
Quant Methods506 MCQs
Asset Return Stats32 MCQs • 4 quizzes
Car Returns31 MCQs • 4 quizzes
Correlation32 MCQs • 4 quizzes
Gold Correlation49 MCQs • 5 quizzes
Gold Returns51 MCQs • 6 quizzes
Gold Volatility46 MCQs • 5 quizzes
Hypothesis Testing32 MCQs • 4 quizzes
Probability32 MCQs • 4 quizzes
Probability Dist.34 MCQs • 4 quizzes
Rates & Returns33 MCQs • 4 quizzes
Regression34 MCQs • 4 quizzes
Sampling34 MCQs • 4 quizzes
Time Series35 MCQs • 4 quizzes
Time Value31 MCQs • 4 quizzes
CFA - Level II Vignettes3380 MCQs • 10 subjects
Alternative Asset Analysis300 MCQs
Asset Valuation30 MCQs • 3 quizzes
Commodities30 MCQs • 3 quizzes
Digital Assets30 MCQs • 3 quizzes
Gold Investments30 MCQs • 3 quizzes
Hedge Funds30 MCQs • 3 quizzes
Infrastructure30 MCQs • 3 quizzes
Luxury Assets30 MCQs • 3 quizzes
Private Debt30 MCQs • 3 quizzes
Private Equity30 MCQs • 3 quizzes
Real Estate30 MCQs • 3 quizzes
Corporate Finance300 MCQs
Business Valuation30 MCQs • 3 quizzes
Capital Budgeting30 MCQs • 3 quizzes
Capital Structure30 MCQs • 3 quizzes
Corporate Governance30 MCQs • 3 quizzes
Cost of Capital30 MCQs • 3 quizzes
Dividend Policy30 MCQs • 3 quizzes
Mergers Acquisitions30 MCQs • 3 quizzes
Project Finance30 MCQs • 3 quizzes
Share Repurchases30 MCQs • 3 quizzes
Working Capital30 MCQs • 3 quizzes
Derivatives Analysis300 MCQs
Credit Derivatives30 MCQs • 3 quizzes
Currency Swaps30 MCQs • 3 quizzes
Derivative Hedging30 MCQs • 3 quizzes
Derivative Risk30 MCQs • 3 quizzes
Forward Valuation30 MCQs • 3 quizzes
Futures Valuation30 MCQs • 3 quizzes
Interest Rate Swaps30 MCQs • 3 quizzes
Option Strategies30 MCQs • 3 quizzes
Option Valuation30 MCQs • 3 quizzes
Swap Valuation30 MCQs • 3 quizzes
Economic Analysis300 MCQs
Business Cycles30 MCQs • 3 quizzes
Capital Flows30 MCQs • 3 quizzes
Currency Analysis30 MCQs • 3 quizzes
Economic Forecasting30 MCQs • 3 quizzes
Economic Growth30 MCQs • 3 quizzes
Exchange Rates30 MCQs • 3 quizzes
Fiscal Policy30 MCQs • 3 quizzes
International Trade30 MCQs • 3 quizzes
Market Economics30 MCQs • 3 quizzes
Monetary Policy30 MCQs • 3 quizzes
Equity Analysis300 MCQs
Company Valuation30 MCQs • 3 quizzes
Discounted Cash Flow30 MCQs • 3 quizzes
Dividend Models30 MCQs • 3 quizzes
Equity Risk30 MCQs • 3 quizzes
Equity Valuation30 MCQs • 3 quizzes
Industry Analysis30 MCQs • 3 quizzes
Market Multiples30 MCQs • 3 quizzes
Mergers Acquisitions30 MCQs • 3 quizzes
Private Companies30 MCQs • 3 quizzes
Residual Income30 MCQs • 3 quizzes
Ethics Standards300 MCQs
Client Suitability30 MCQs • 3 quizzes
Conflicts Interest30 MCQs • 3 quizzes
Gold Investments30 MCQs • 3 quizzes
Insurance Ethics30 MCQs • 3 quizzes
Investment Advisory30 MCQs • 3 quizzes
Luxury Assets30 MCQs • 3 quizzes
Material Information30 MCQs • 3 quizzes
Performance Reporting30 MCQs • 3 quizzes
Private Wealth30 MCQs • 3 quizzes
Wealth Management30 MCQs • 3 quizzes
Financial Analysis600 MCQs
Asset Valuation60 MCQs • 6 quizzes
Cash Flow Analysis60 MCQs • 6 quizzes
Credit Analysis60 MCQs • 6 quizzes
Employee Compensation60 MCQs • 6 quizzes
Financial Quality60 MCQs • 6 quizzes
Financial Ratios60 MCQs • 6 quizzes
Financial Reporting60 MCQs • 6 quizzes
Intercorporate Investments60 MCQs • 6 quizzes
Inventory Analysis60 MCQs • 6 quizzes
Revenue Analysis60 MCQs • 6 quizzes
Fixed Income Analysis410 MCQs
Bond Portfolio30 MCQs • 3 quizzes
Bond Valuation30 MCQs • 3 quizzes
Convexity Analysis30 MCQs • 3 quizzes
Credit Analysis60 MCQs • 6 quizzes
Credit Risk60 MCQs • 6 quizzes
Duration Analysis30 MCQs • 3 quizzes
Interest Rates30 MCQs • 3 quizzes
Mortgage Securities60 MCQs • 6 quizzes
Structured Finance50 MCQs • 5 quizzes
Yield Curves30 MCQs • 3 quizzes
Portfolio Strategy300 MCQs
Asset Allocation30 MCQs • 3 quizzes
Factor Models30 MCQs • 3 quizzes
Investment Policy30 MCQs • 3 quizzes
Performance Evaluation30 MCQs • 3 quizzes
Portfolio Construction30 MCQs • 3 quizzes
Portfolio Management30 MCQs • 3 quizzes
Portfolio Returns30 MCQs • 3 quizzes
Portfolio Risk30 MCQs • 3 quizzes
Risk Management30 MCQs • 3 quizzes
Wealth Management30 MCQs • 3 quizzes
Quantitative Finance270 MCQs
Data Analysis30 MCQs • 3 quizzes
Financial Data30 MCQs • 3 quizzes
Machine Learning30 MCQs • 3 quizzes
Portfolio Optimization30 MCQs • 3 quizzes
Regression Models30 MCQs • 3 quizzes
Risk Models30 MCQs • 3 quizzes
Simulation30 MCQs • 3 quizzes
Statistical Inference30 MCQs • 3 quizzes
Time Series30 MCQs • 3 quizzes

🔒 CFA — Full Length Papers (FLPs)

60 complete timed mock papers available, 6000 MCQs in total, approx. 10800 minutes of test time.
These are premium (paid) papers. You must complete a one-time payment before you can attempt any FLP. Once access is granted, the 🔒 lock on the FLP card will turn into an unlocked icon 🔓 and you can start the paper instantly.

CFA - FLP1

MCQs100

Minutes180

Passing50%

Unlock FLP 1 →
CFA - FLP2

MCQs100

Minutes180

Passing50%

Unlock FLP 2 →
CFA - FLP3

MCQs100

Minutes180

Passing50%

Unlock FLP 3 →
CFA - FLP4

MCQs100

Minutes180

Passing50%

Unlock FLP 4 →
CFA - FLP5

MCQs100

Minutes180

Passing50%

Unlock FLP 5 →
CFA - FLP6

MCQs100

Minutes180

Passing50%

Unlock FLP 6 →
CFA - FLP7

MCQs100

Minutes180

Passing50%

Unlock FLP 7 →
CFA - FLP8

MCQs100

Minutes180

Passing50%

Unlock FLP 8 →
CFA - FLP9

MCQs100

Minutes180

Passing50%

Unlock FLP 9 →
CFA - FLP10

MCQs100

Minutes180

Passing50%

Unlock FLP 10 →
CFA - FLP11

MCQs100

Minutes180

Passing50%

Unlock FLP 11 →
CFA - FLP12

MCQs100

Minutes180

Passing50%

Unlock FLP 12 →
CFA - FLP13

MCQs100

Minutes180

Passing50%

Unlock FLP 13 →
CFA - FLP14

MCQs100

Minutes180

Passing50%

Unlock FLP 14 →
CFA - FLP15

MCQs100

Minutes180

Passing50%

Unlock FLP 15 →
CFA - FLP16

MCQs100

Minutes180

Passing50%

Unlock FLP 16 →
CFA - FLP17

MCQs100

Minutes180

Passing50%

Unlock FLP 17 →
CFA - FLP18

MCQs100

Minutes180

Passing50%

Unlock FLP 18 →
CFA - FLP19

MCQs100

Minutes180

Passing50%

Unlock FLP 19 →
CFA - FLP20

MCQs100

Minutes180

Passing50%

Unlock FLP 20 →
CFA - FLP21

MCQs100

Minutes180

Passing50%

Unlock FLP 21 →
CFA - FLP22

MCQs100

Minutes180

Passing50%

Unlock FLP 22 →
CFA - FLP23

MCQs100

Minutes180

Passing50%

Unlock FLP 23 →
CFA - FLP24

MCQs100

Minutes180

Passing50%

Unlock FLP 24 →
CFA - FLP25

MCQs100

Minutes180

Passing50%

Unlock FLP 25 →
CFA - FLP26

MCQs100

Minutes180

Passing50%

Unlock FLP 26 →
CFA - FLP27

MCQs100

Minutes180

Passing50%

Unlock FLP 27 →
CFA - FLP28

MCQs100

Minutes180

Passing50%

Unlock FLP 28 →
CFA - FLP29

MCQs100

Minutes180

Passing50%

Unlock FLP 29 →
CFA - FLP30

MCQs100

Minutes180

Passing50%

Unlock FLP 30 →
CFA - FLP31

MCQs100

Minutes180

Passing50%

Unlock FLP 31 →
CFA - FLP32

MCQs100

Minutes180

Passing50%

Unlock FLP 32 →
CFA - FLP33

MCQs100

Minutes180

Passing50%

Unlock FLP 33 →
CFA - FLP34

MCQs100

Minutes180

Passing50%

Unlock FLP 34 →
CFA - FLP35

MCQs100

Minutes180

Passing50%

Unlock FLP 35 →
CFA - FLP36

MCQs100

Minutes180

Passing50%

Unlock FLP 36 →
CFA - FLP37

MCQs100

Minutes180

Passing50%

Unlock FLP 37 →
CFA - FLP38

MCQs100

Minutes180

Passing50%

Unlock FLP 38 →
CFA - FLP39

MCQs100

Minutes180

Passing50%

Unlock FLP 39 →
CFA - FLP40

MCQs100

Minutes180

Passing50%

Unlock FLP 40 →
CFA - FLP41

MCQs100

Minutes180

Passing50%

Unlock FLP 41 →
CFA - FLP42

MCQs100

Minutes180

Passing50%

Unlock FLP 42 →
CFA - FLP43

MCQs100

Minutes180

Passing50%

Unlock FLP 43 →
CFA - FLP44

MCQs100

Minutes180

Passing50%

Unlock FLP 44 →
CFA - FLP45

MCQs100

Minutes180

Passing50%

Unlock FLP 45 →
CFA - FLP46

MCQs100

Minutes180

Passing50%

Unlock FLP 46 →
CFA - FLP47

MCQs100

Minutes180

Passing50%

Unlock FLP 47 →
CFA - FLP48

MCQs100

Minutes180

Passing50%

Unlock FLP 48 →
CFA - FLP49

MCQs100

Minutes180

Passing50%

Unlock FLP 49 →
CFA - FLP50

MCQs100

Minutes180

Passing50%

Unlock FLP 50 →
CFA - FLP51

MCQs100

Minutes180

Passing50%

Unlock FLP 51 →
CFA - FLP52

MCQs100

Minutes180

Passing50%

Unlock FLP 52 →
CFA - FLP53

MCQs100

Minutes180

Passing50%

Unlock FLP 53 →
CFA - FLP54

MCQs100

Minutes180

Passing50%

Unlock FLP 54 →
CFA - FLP55

MCQs100

Minutes180

Passing50%

Unlock FLP 55 →
CFA - FLP56

MCQs100

Minutes180

Passing50%

Unlock FLP 56 →
CFA - FLP57

MCQs100

Minutes180

Passing50%

Unlock FLP 57 →
CFA - FLP58

MCQs100

Minutes180

Passing50%

Unlock FLP 58 →
CFA - FLP59

MCQs100

Minutes180

Passing50%

Unlock FLP 59 →
CFA - FLP60

MCQs100

Minutes180

Passing50%

Unlock FLP 60 →

❓ FAQs about CFA

Who conducts the CFA?
CFA Institute
What is the total number of questions in CFA?
90 MCQs
How much time is given to complete CFA?
70 minutes
Is there negative marking in CFA?
No
What is the merit calculation formula for CFA?
-