Exam guide
Illinois broker exam format and scoring
The broker exam has two separately scored portions. Here are the question counts, time limits, passing standards, and retake rules in the current PSI booklet.
Last updated: July 24, 2026
The format at a glance
National portion
100
scored questions
- Time
- 150 minutes
- Pass
- 70% raw
Illinois portion
40
scored questions
- Time
- 90 minutes
- Pass
- 75%
Across the two scored portions, that is 140 questions and 240 minutes. The national passing standard is a raw percentage. PSI notes that 70% raw is equivalent to the scaled score of 75 used in earlier reporting.
You must pass both portions
PSI scores the national and Illinois portions separately. A high national score cannot make up for a failing Illinois score, and the reverse is also true. You need at least 70% on national and 75% on Illinois.
Your score appears on screen when the exam ends, and PSI emails a score report. If you fail, that report includes diagnostic information showing strengths and weaknesses by examination type.
PSI may add unscored questions
PSI may include 5 to 10 experimental questions in addition to the scored items. They are not identified during the exam, they do not affect your score, and they still count against your available time.
Treat every question as scored. Spending time trying to guess which items are experimental is not a useful test strategy.
If you fail one portion
You repeat only the portion you failed. Standard broker candidates may make up to four attempts during the two-year eligibility period.
After a fourth unsuccessful attempt, PSI says a standard broker candidate must repeat the 75-hour pre-license program and the entire exam. Broker endorsement candidates may test an unlimited number of times during their two-year eligibility period. Education-exempt candidates follow separate rules.
Test center or remote proctoring
PSI currently allows candidates to choose a test-center appointment or a remote-proctored appointment. Remote candidates must complete the required computer, webcam, audio, and video compatibility checks before test day.
The current booklet allows physical calculators at test centers but not for remote-proctored exams. Security procedures can change, so check the booklet and your appointment confirmation before the exam.
Official source
These facts were checked against the Illinois Candidate Information Booklet dated June 24, 2026. PSI and IDFPR control if an exam policy changes after this review.