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Free CFA Level 1 Assessment · 16 Questions · Instant Score + Roadmap

Free CFA Level 1 Practice Test with Answers and Explanations 2026

Edureify AI Practice Test helps you identify your strengths and weak areas with precision through real exam-style questions, detailed explanations, and a domain-wise performance breakdown. Get a complete score report and a personalised study roadmap based on your results.
16 questions across all 8 domains, timed to match the real exam pattern. Instantly see where you lost marks, understand why your answers were wrong, and know exactly what to study next to improve your score.

16
Questions
16
Minutes
8
Domains
0%
Passing score
CFA Level 1 Practice Asesment Taken by 42,965 candidates this year · Answers explained · No login required
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Scored against the real exam
See your percentage vs the 0% pass threshold, live as you answer.
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Every answer explained
Right or wrong, you see the reasoning immediately — not just the answer key.
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Personalised study roadmap
Your result generates a domain-by-domain roadmap showing exactly what to study first.
What's covered — 8 exam domains
Quantitative Methods Practice Questions
Applying quantitative techniques to financial analysis and decision-making.
Economics Practice Questions
Understanding macroeconomic and microeconomic concepts and their impact on financial markets.
Corporate Finance Practice Questions
Understanding corporate finance concepts, such as capital budgeting and financial structure.
Portfolio Management Practice Questions
Basic portfolio management techniques and performance evaluation.
Equity Investments Practice Questions
Understanding and analyzing equity securities and stock markets.
Fixed Income Practice Questions
Valuation of bonds and understanding fixed income markets.
Ethical and Professional Standards Practice Questions
Understanding and applying ethical and professional standards in the finance industry.
Financial Reporting and Analysis Practice Questions
Understanding and analyzing financial statements and reports.
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 card No email required Score in 16 min Free forever
About this CFA Level 1 practice test
Is this CFA Level 1 practice test free? +
Yes — CFA Level 1 Assesment completely free, no account or credit card required. Start instantly and get your full score report and domain breakdown at the end.
How many questions are in this practice test? +
16 questions across all 8 exam domains, timed to 16 minutes — proportional to the real CFA Level 1 exam structure.
What score do I need to pass the CFA Level 1? +
The passing threshold for this practice test is set at 0%, mirroring the standard for the real exam. Your result screen shows exactly how each domain contributes to your overall score.
Do I get answers and explanations? +
Yes — after each answer you see whether you were correct, the right answer if you weren't, and a full explanation of the reasoning. This is one of the most effective ways to retain material.
What happens after I finish the practice test? +
You get a full score card showing your result by domain, which domains are holding you back, and a personalised study roadmap built from your score — telling you exactly what to study and in what order to reach passing level.