Series 63 Exam Difficulty Report: What Practice Data Shows
This report measures aggregate practice performance against a checked-in bank of 1,052 Series 63 questions. It distinguishes answer records from distinct users and withholds rankings that do not meet both thresholds. Practice data through 2026-08-01; report generated 2026-08-03T00:39:07.345Z.
Individual answers, not people or exam attempts.
Counted only to describe sample breadth.
Wrong answers divided by analyzed answer records.
0 meet the public ranking threshold.
Hardest qualifying Series 63 sections
Each section needs 30+ answer records from at least 5 distinct users.
| Section | Miss rate | Answer records | Distinct users | Questions |
|---|---|---|---|---|
| Regulation of Investment Advisers | 27.3% | 150 | 5 | 69 |
| Regulation of Securities & Issuers | 24.7% | 380 | 5 | 197 |
| Remedies & Administrative Provisions | 21.9% | 479 | 5 | 216 |
| Regulation of Broker-Dealers & Agents | 20.1% | 298 | 5 | 143 |
Authored difficulty versus observed performance
Methodology and limitations
Computed from aggregate Lucky the Banker practice-answer records joined to the checked-in Series 63 question bank. Answer records and distinct users are reported separately. Rankings require at least 10 answer records and 5 distinct users per question, or 30 answer records and the same user minimum per topic or section. Rows without a user ID, rows not matching the current question bank, and configured internal or QA accounts are excluded. No names, emails, user IDs, session histories, or per-user results are published. Small samples are withheld, not extrapolated.
This is LTB practice-platform data, not a representative sample of every candidate and not an official pass-rate study. A miss rate describes this dataset only; it does not predict an individual candidate’s exam outcome.