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For all questions related to CIRO’s Proposed Proficiency Model, please visit CIRO’s webpage or email proficiency@ciro.ca.

Hours of study: 55 – 70 Hours

Enrolment Period: 1 Year

What is the FLC exam weighting?

Exam Topics Weightings
Regulation of Futures Trading in Canada 10%
A Review of the Risks and Rewards of Futures and Futures Options Strategies 10%
Opening and Maintaining Futures Accounts 40%
The Role of Clearing Corporations and Exchanges in Futures and Futures Options Trading 14%
Contracts for Differences (CFDs) 6%
Fundamental and Technical Analysis of Futures Markets 20%

What is the FLC exam structure?

Structure Information
Exams 1
Exam Format Proctored (remote or in-person at a test centre)
Exam Duration 1.5 Hours
Question Format Multiple-choice
Questions Per Exam 50
Attempts Allowed Per Exam 3
Passing Grade 60%
Assignments None

What Continuing Education (CE) credits will you earn?

No api response.

View CE credits for all CSI courses and all associations.

While CSI makes every effort to ensure that the information is up-to-date, we are unfortunately unable to fully guarantee its accuracy. The information listed in the chart may be subject to change.

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