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CII J12 · Securities advice and dealing
Practice questions built for the J12 exam — learning outcome by learning outcome
J12-style multiple choice questions across all 6 syllabus learning outcomes. Scenario-based questions on securities, trading venues, dealing, settlement and investment recommendations — with instant feedback and progress tracking so you revise the way the exam actually tests you.
10 free questions · No account required.
Built for J12 candidates
Whether you are starting J12 Securities advice and dealing or returning to the syllabus, this resource helps you practise the way the exam is assessed.
Exam-format questions
Standard multiple choice with four options (a–d) — the same core format as the J12 paper.
Syllabus aligned
All 6 learning outcomes from the CII J12 specification — securities and equities, market structure, dealing, settlement, market behaviour and investment recommendations.
Learn from every answer
See whether you were right or wrong immediately, with a short explanation after each question.
Full syllabus coverage
Every J12 learning outcome is available as its own practice test. Work through topics as you study, or sit the full 75-question exam when you are ready. Browse all learning outcomes — free daily practice on any topic.
Full J12 practice exam
75 questions across all learning outcomes — the same length as the real exam
- All 6 learning outcomes
- 60 MCQs + 3 case studies
- Exam conditions (2 hours, 65% pass mark)
LO 1 — Securities and equities
Syllabus outcomes 1.1–1.3 · 39 exam questions*
- Debt, duration and equities
- Collectives, ETFs and derivatives
LO 2 — Market structure and regulation
Syllabus outcomes 2.1–2.2 · 9 exam questions*
- Venues, MTFs and dark pools
- Listing, AIM and MiFID II
LO 3 — Dealing principles and practice
Syllabus outcome 3.1 · 3 exam questions*
- Best execution and allocation
- Conflicts and market abuse
LO 4 — Clearing, settlement and custody
Syllabus outcome 4.1 · 4 exam questions*
- CREST, ICSDs and CCPs
- Stamp duty, SDRT and nominees
LO 5 — Factors influencing markets
Syllabus outcome 5.1 · 5 exam questions*
- Disclosure and short selling
- Liquidity and pricing
LO 6 — Investment recommendations
Learning outcomes 6.1–6.2 · 15 case-study questions*
- Client risk and asset allocation
- COBS and the Consumer Duty
How it works
Three steps — no complicated setup.
Step 1
Unlock full access (3 day free trial)
Add your card on secure checkout, then set your password when you return.
Step 2
Choose a topic
Select a learning outcome, sub-topic, or the full 75-question exam.
Step 3
Practise and review
Answer J12-style questions, read explanations, and track your scores over time.
What other J12 candidates say
Early feedback from people using the site to prepare for their exam.
“J12 covers a lot of ground — duration, venues and settlement. Being able to drill each learning outcome separately made a real difference.”
“The scenario questions feel closer to the real paper than generic regulation quizzes — applied dealing and client contexts, not just definitions.”
“The difference between Macaulay duration and modified duration used to blur together for me. The explanations after each question sorted that out.”
Try a free sample
10 free J12-style questions with explanations — no account required. The monthly plan unlocks every learning outcome and the full 75-question exam.
Try a free sample
10 free questions · No account required.