40 free CFA1 sample practice questions


 

How to get 3,000+ Free CFA Level I Sample MCQs

What is CFA Level I?

CFA Level I is the first step of the Chartered Financial Analyst program, a globally recognized benchmark for investment professionals. Unlike the later levels, Level I focuses on knowledge and comprehension, tested through two sessions of 90 MCQs each:
  • Session 1: Ethical and Professional Standards, Quantitative Methods, Economics, Corporate Issuers, and Financial Statement Analysis.
  • Session 2: Equity, Fixed Income, Derivatives, Alternative Investments, and Portfolio Management.
With the curriculum spanning thousands of pages, you cannot afford to "read" your way to a pass. You can't just kind of know the definition of a "Deferred Tax Liability"; you may be tested on how a change in tax rates affects a firm's net income. Revision must be active, data-driven, and centered on MCQs. You need to be tactical:
  • Identify Topic Weights: Don't spend 40 hours on Alternative Investments (7–10%) while neglecting Fixed Income (11–14%).
  • Bridge the Knowledge Gaps: Use mock exams early to find your "weakest links."
  • The 300-Hour Rule: It's a clichĂ© for a reason. Consistent, question-focused study is the only way to move the needle.
  So where can I find free questions? How do I know what I’m getting into? Great question! Starting the CFA program is a huge commitment, it’s important to get a feel for the exam before starting the preparation process.

Here is a full list of reputable free options in 2026:

1. Kinnu Website 40 free sample questions
2. Kinnu Free Trial 3,000 sample questions *Available as part of our 7-day free trial.
3. CFA Institute 30 sample questions
4. Kaplan 5 sample questions
5. Kaplan II 1 free question every day *Useful only if you are consistent!
6. 300Hours 90 questions provided by Salt Solutions
7. UWorld 5 sample questions