Series 3 — National Commodity Futures Exam + Cheat Sheet bundle

Series 3 Study Guide — 2026 Edition

Pass both halves of the Series 3: 120 scored questions in 150 minutes, with 70% needed on market knowledge and on regulations separately. This guide follows NFA's study outline area by area (futures theory, margins and delivery, orders, hedging and basis, spreads, speculation, options strategies, and the CFTC and NFA rules), teaching each from the current rule text, including NFA Rules 2-8 and 2-9 as amended March 18, 2026. Every chapter has worked examples, a list of common mistakes and an end-of-chapter quiz, and two 120-question practice exams score market knowledge and regulations separately, as the real exam does. An exam-review guide for candidates entering or working in the futures industry: it defines terms as they appear but assumes everyday market vocabulary and basic arithmetic, so it is not an introduction to trading. Independent — not affiliated with NFA or FINRA. PDF + EPUB.

Series 3 — National Commodity Futures Exam — Cheat Sheet (2026)

A printable colour cheat sheet for the Series 3 — National Commodity Futures Exam exam, laid out for US Letter and meant to be printed double-sided. It pulls the exam's format, scoring and content areas, and the figures and rules it turns on, onto dense colour-coded pages. Each figure was checked against the source it cites, and the check date is printed on the sheet (October 2026). An independent study aid, not affiliated with or endorsed by the body that sets the exam. The rules an exam tests can change: confirm against the owner's current documents before you rely on a figure.