CMFAS | Edu CM-SIP Mock exams - 6 Practice Exams

This test paper is intentionally more challenging than the actual exam, as common sense questions have been excluded to minimize redundancy and increase overall difficulty. If you can pass this exam on your first attempt, you should be well-prepared to pass the real exam.

What can you expect?

• 6 CMFAS practice papers developed by industry professionals and senior consultants with exam-setting experience.

• 480 questions covering all key topics, full 80 question in each paper.

• Regular updates, with a focus on multiple-option questions, which are now a key part of the 2026 format changes.

  
  

Syllabus Breakdown

• Overview of Derivatives

• Futures, Forwards & Swaps

• Futures Strategies

• Options

• Structured Warrants and Daily Leveraged Certificates

• Barrier Options, Binary Options and Callable Contracts

• Structured Deposits and Other Structured Products

• Structured Notes

• Structured Funds

• Contracts for Differences (CFDs)

• Key Product and investment risks for Derivatives and Structured Products

• Case Studies

Exam Details:

• 80 MCQs (computer-based)

• 2.5 hours

• Passing score: 70%

Disclaimer - We make every effort to provide the most current and accurate information regarding the exams. However, some details may become outdated over time. We appreciate your understanding and recommend verifying the latest information directly through direct message or relevant authorities and organizations.

Note: The CM-SIP Exam (previously M6A) applies to those who wish to advise on derivatives and collective investment schemes.