


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 You’ll Get:
6 CMFAS Mock Papers - Created by experienced consultants and industry pros who know what it takes to ace the exam.
600 Targeted Questions - Covers all key topics with carefully chosen questions to give you an edge when it matters most.
Practice for the New Format - Updated for the 2026 changes, these mocks focus on the new multiple-option question style to help you get familiar and confident.
Exam Syllabus
The exam covers the following key topics:
The Capital Markets Industry in Singapore and Participants in the Capital Markets
Licensing and Business Operations
Market Conduct
Trading System and Infrastructure
Ethics, Codes and Standards of Professional Conduct for Derivatives Dealing
Derivatives Dealing Practices and Skills
Prevention of Financial Crimes
Exam Details
Format: 100 multiple-choice questions (computer-based)
Duration: 2.5 hours
Passing Score: 75%
No exemptions are available for RES exams
Disclaimer
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 However, some details may become outdated over time.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.