How much does a series 7 license cost to hold?

The cost of obtaining a Series 7 license primarily includes fees for the exam itself, which is typically around $300. Additionally, there may be costs associated with study materials, prep courses, and any required sponsorship from a FINRA member firm, which can vary widely. While there are no ongoing fees specifically for holding the license, there may be annual registration fees or costs related to continuing education and maintaining employment with a sponsoring firm.