Free CFA Level 1 Practice Test with Answers and Explanations 2026
Take a free CFA Level 1 practice test designed to match the real exam.
Get instant answers, detailed explanations, and a domain-wise performance breakdown.
Then unlock a personalised report with your weak areas, a step-by-step roadmap, and a focused pass plan.
Free test · No login · Score in 16 min · 42,965+ candidates this year
16
Questions
16
Minutes
8
Domains
90%
Pass threshold
CFA Level 1 Practice Test · Taken by 42,965 candidates this year · Answers explained · No login required
📊
Scored against the real exam
See your percentage vs the 90% pass threshold as you go.
💡
Every answer explained
See the reasoning after each question - not just the answer key.
🗺️
Personalised study roadmap
Your result generates a domain-by-domain plan showing what to study first.
What Edureify does - not just a practice test
①
Domain-level diagnosis
Not just an overall score. Every domain scored separately against the pass threshold so you see exactly where marks are going.
②
Personalised study order
Your weakest domain becomes day 1. Not the curriculum's day 1 - yours. Highest-impact area first, always.
③
Day-by-day schedule
Built backwards from your exam date. Every session is planned. You never have to decide what to study - the system tells you.
④
Live readiness tracking
Your readiness score recalculates after every session. You know - in real time - if you're on track to pass.
⑤
Retake prevention alert
If you're not ready before your exam date, you get a clear warning. Not after you fail - before you walk in.
⑥
Access until you pass
One payment. Full access to everything - including a free retake diagnostic - until you're certified. No monthly pressure.
How CFA Level 1 exam prep with Edureify works
1
Take the free CFA Level 1 practice test
16 questions across all 8 domains. Timed to 16 minutes. No login, no credit card. Your score, domain breakdown, and readiness level appear immediately after.
Free forever · instant score
2
Your diagnostic shows exactly where you're failing
Every domain is scored against the 90% pass threshold. You see which are critical, which need work, and which are already safe. The weakest two are shown free - the full breakdown unlocks with your plan.
Domain-level precision
3
Unlock a day-by-day CFA Level 1 study plan
Built backwards from your exam date. Starts with your weakest domain on day 1 - because that's where the biggest score gains are. Adapts as your scores improve.
Personalised to your gaps
4
Track readiness. Get alerted if you're not ready.
Your readiness score recalculates after every session. If you're not on track before your exam date you get a clear alert - so you never walk in underprepared.
Retake prevention built in
Edureify vs other CFA Level 1 exam prep options
Feature
Other prep
Edureify
Domain-level scoring
Overall score only
Per-domain breakdown
Personalised study order
Fixed curriculum
Weakest domain first
Exam-date schedule
Not included
Built to your date
Live readiness tracking
Progress bars only
Live pass/fail signal
Retake cost warning
Not offered
Pre-exam alert
Free diagnostic
Paid or absent
Full 16-Q test free
Access until certified
Monthly only
$199 one-time option
What candidates say
★★★★★
"I'd been studying for weeks with no idea which areas to focus on. The diagnostic showed me my two critical domains in 30 minutes. Passed first attempt."
AK
A. Kumar
CFA Level 1 certified
★★★★★
"Failed my first attempt. Used Edureify the second time - it told me exactly what I'd missed. The retake alert feature alone saved me from going in underprepared again."
MR
M. Rodriguez
CFA Level 1 certified (2nd attempt)
★★★★★
"The $199 until-you-pass plan was the best decision. I took longer than expected but never had to worry about losing access. Worth every cent vs the retake fee."
SC
S. Chen
CFA Level 1 certified
CFA Level 1 exam domains covered - 8 total
Financial Reporting and Analysis
20%
Ethical and Professional Standards
15%
Equity Investments
11%
Fixed Income
11%
Quantitative Methods
10%
Economics
10%
Corporate Finance
10%
Portfolio Management
10%
Ready to see your score?
16 questions · 16 minutes · answers explained as you go. Your personalised study roadmap generates automatically at the end.
No credit cardNo email requiredScore in 16 minFree forever
`Pricing
Start free. Unlock when you're ready to pass.
The free CFA Level 1 practice test is yours forever. Upgrade to unlock your full domain breakdown, personalised study plan, and live readiness tracking.
Free diagnostic
$0
forever
Find out where you stand before committing to a study plan.
✓16-question practice test
✓Overall readiness score
✓Top 2 domain scores
✓Pass/fail gap vs 90% threshold
–Full 8-domain breakdown
–Personalised study plan
–Daily schedule by exam date
–Live readiness tracking
Monthly plan
$49
per month · cancel anytime
Good for 4–8 weeks of focused prep. Cancel when you pass.
✓Everything in free
✓Full 8-domain breakdown
✓Day-by-day study schedule
✓Schedule built to your exam date
✓Live readiness score per session
✓Not-ready alert before exam day
✓Unlimited practice questions
Best value
Until you pass
$199
one-time · access until certified
Pay once. Study as long as it takes. Saves $100+ vs 3 months monthly.
✓Everything in monthly
✓Lifetime access until CFA Level 1 certified
✓No renewals ever
✓Free retake diagnostic if needed
✓Priority support
✓Beats the $1000 retake cost
30-day Readiness Improvement guarantee on both paid plans · Instant access · No card for free test
About this CFA Level 1 practice test
Is this CFA Level 1 practice test free?+
Yes - the 16-question test is completely free, no account or credit card needed. Start instantly and get your full score and top-2 domain breakdown immediately after.
What does "until you pass" mean for the $199 plan?+
You pay once and keep full access - study plan, practice questions, readiness tracking - until you pass your CFA Level 1 exam. No renewals, no monthly charges. A free retake diagnostic is included if you need another attempt.
How is this different from free CFA Level 1 sample questions?+
Most free questions test recall. Ours test manager-thinking and scenario-based decision making - the same style as the real exam. More importantly, you get a domain breakdown and personalised plan, not just a score.
Are these questions aligned to the current exam?+
Yes. All 16 questions are written to the current CFA Level 1 content outline, covering all 8 domains at their correct exam weightings.
What happens after I finish the test?+
You see your score and domain breakdown immediately. You can unlock the full study plan directly from the results screen.
Free · No login · Score in 16 minutes
Preparing your practice test…
Selecting questions across all 8 domains
✓ Session initialised
Calibrating domain weights
Loading questions
CFA Level 1
Question 1 of 16
0/0
16:00
Q1 of 16
How confident were you?
Scoring your test…
Calculating domain scores · Building your study roadmap
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Readiness score
Calculating…
Scoring your test…
Unlock your full roadmap
See all 5000+ Questions in 8 domains + your day-by-day plan
Built from your score. Starts with your weakest domain. Adapts as you improve.
30-day Improvement guarantee · instant access
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Correct
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Incorrect
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Skipped
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Avg per Q
Your score vs passing Readiness threshold
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Pass: 90%
Need 90% Readiness
Score by domain - where you lost marks
Your personalised study roadmap
Built from your score - domain order optimised for fastest improvement
Based on your results
1
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Personalised daily plan · ~1h/day · pass-ready in 3–4 weeks
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→
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your score nowpass-ready
Building your plan…
Flexible
Monthly access
Full platform · cancel when you pass
$49
per month
Best value
Until you pass
One payment · access never expires
$199
one-time
30-day improvement guarantee
If your readiness score hasn't improved after 30 days of following the plan,
we refund you in full. No questions, no forms, no hoops.
You keep access while we process it.
Instant accessNo contractsCancel anytimeWorks for 80+ exams