Service Finder
Take the examination for financial investment brokers
Service Description
If you wish to broker financial investments or provide investment advice on a commercial basis, you must provide proof of your expertise in order to obtain a license. You can provide this proof by taking a corresponding examination at the IHK.
Depending on the product category, the examination is divided into three areas:
- Open financial investments
- Closed-end financial investments
- Investments
The examination consists of a written and a practical part. They must be taken one after the other.
In the written part of the exam, you must demonstrate the necessary legal and technical knowledge, for example with regard to consumer rights and technical terms. In the practical part, you must conduct a simulated customer consultation.
You do not have to meet any formal requirements to register for the exam, but you should prepare intensively for the content in order to take it successfully.
The content of the examination for financial investment brokers corresponds to the examination for fee-based financial investment advisors.
If you have completed vocational training or have a degree in banking and finance, this may be recognized instead of the examination.
Process flow
You can only take part in an examination after prior registration.
- The IHK will inform you in good time before the examination about the details of the examination procedure, place and time
- You will first take the written examination
- If you pass the written exam, you will take the practical exam
- You will receive a certificate after successfully passing the exam
Competent authority
You can find the Chamber of Industry and Commerce responsible for you here:
Requirements
No special requirements
Which documents are required?
Official photo ID for identification during the examination
What are the fees?
Costs are incurred. The exact amount can be found in the fee schedule of the local IHK.
What deadlines do I have to pay attention to?
- Please note the registration deadlines of your local IHK
- The passed examination is valid for life
Processing duration
You will regularly receive the certificate within a few days of passing the exam.
Legal basis
Applications / forms
- Appeal, if provided for by state law.
Detailed information on the objection procedure can be found in the notification. - Action before the administrative court
Appeal
- Registration form according to IHK specifications
- Online procedure: no
- Written form requirement: no
- Personal appearance required: yes, for the examination
Further Information
The Financial Investment Brokerage Ordinance (FinVermV) lists the professional qualifications that are equivalent to the expert examination.
This list is exhaustive.
You can find further information on the examination of expertise on the
page of the DIHK:
Author
IHK East Thuringia to Gera
The text was automatically translated based on the German content.
Professionally released on
16.01.2024
Source: Zuständigkeitsfinder Thüringen (Linie6Plus)
