June 2024 CFP^® Exam

FP Canada offers alternate paths to CFP certification for candidates with the following qualifying credentials: Relevant Professional Qualifications, Pl. Fin., and Foreign CFP Professionals. To apply for an exemption based on those qualifying credentials, you will need to submit documentation from the governing body confirming your qualifications and good standing through your FP Canada portal, no later than one month prior to the exam.

Submit Your Documentation

If you hold a relevant professional qualification in good standing in Canada, you may be eligible for exemption from FP Canada-Approved Core Curriculum and Advanced Curriculum programs and the FP Canada Institute Introduction to Professional Ethics, and may proceed directly to the FP Canada Institute CFP Professional Education Program. Relevant professional qualifications include:

• CPA
• CFA
• FCIA
• LL.B./J.D.

Submit Your Documentation

If you hold the Pl. Fin from IQPF, you may be eligible for exemption from all education requirements and may proceed directly to the CFP examination.

Submit Your Documentation

If you hold a CFP credential from an FPSB member organization, you may be eligible for exemption from all education requirements and may proceed directly to the CFP examination. Following CFP certification, you must successfully complete the FP Canada Institute CFP Professional Education Program within one year to maintain the certification.

Submit Your Documentation

If you hold the QAFP certification and wish to pursue CFP certification, there are two options available to you:

Option 1: To qualify to write the CFP examination, you must successfully complete the FP Canada Institute QAFP Professional Education Program within one year of QAFP certification or the FP Canada-Approved Advanced Curriculum and the QAFP Certification to CFP Certification Bridge Program.

Option 2: If you have not completed the QAFP Professional Education Program, to qualify to write the CFP examination you must successfully complete the FP Canada-Approved Advanced Curriculum and the CFP Professional Education Program

You must successfully complete the CFP examination within 4 years (or 4 attempts) of successfully completing the CFP Professional Education program. If you are not successful on the exam within four years (or four attempts), you will need to successfully repeat the CFP Professional Education Program.

Online proctoring provides candidates with the opportunity to write the exam from home or another private location using their own computer, webcam, microphone and internet connection. The exam is written in a secure environment on downloaded software – the same exam software that is used at in-person test centres. Before selecting online proctoring as an option, consider if your computer system meets the technology and system requirements necessary for participation in online proctoring. Note that there are no exceptions for these requirements. More information on technology and system requirements can be found in the FP Canada Guide to the CFP Examination (available March 2024).

You will be asked to indicate your preferred exam location on the CFP examination application. FP Canada will strive to accommodate your preferred location, but if the location has reached capacity your second preferred location will be assigned to you. In the rare event that your first and second preferred locations are at capacity, an alternate exam location will be proposed to you. A list of standard locations is available in the FP Canada Guide to the CFP Examination (available March 2024).

Based on the FP Canada Blueprint: CFP Examination (June 2024), the Practice Exam has the same structure, format and types of questions as the actual exam and uses the same software that you’ll use on exam day.

After purchase, you have a total of nine hours to complete the six-hour exam and you may only write it once. You can log in and out as many times as you wish provided total time logged in does not exceed nine hours. You can view the Practice Exam questions, their response options and the rationales for each correct and incorrect answer as often as you like until exam day. Self-scoring will require additional time beyond the time it takes you to complete the Practice Exam. There is no time limit for self-scoring or for reviewing the diagnostic report – you can use it right up to exam day.

Following completion of the Practice Exam, you will receive detailed sample responses for all exam questions to allow you to self-score the exam, as well as a diagnostic report to help you identify areas that may require more study. The self-scoring feature can provide unique insight into what is required for successful completion of the exam. By comparing your practice answers to the sample responses, you will understand:

• The structure of the scoring process;
• The rationale for why one answer is correct or incorrect; and
• What types of responses may be required to earn marks.

You may perceive that the level of difficulty of the actual exam varies from the Practice Exam; however, materials on the Practice Exam have appeared on actual FP Canada examinations. With more time to write the Practice Exam than the actual exam, access to study materials while you write it and that your performance on the Practice Exam has no direct consequences may impact your perception of the level of difficulty. When you write the actual exam, there may be some differences in administration settings and there are tighter time constraints for writing; these factors could make the actual exam seem more difficult than the Practice Exam.

Refunds are not provided for the purchase of the Practice Exam. Use of the Practice Exam is restricted to candidates who have registered or are registering to write the CFP examination and is for personal study use only. The Practice Exam is updated annually for currency. The Practice Exam is available in English and French.

View the Terms & Conditions

If you have questions about the Practice Exam, please contact us at info@fpcanada.ca. Questions or comments received less than 2 days prior to the CFP examination will be answered after the examination. There are no additional explanations or tutoring on the Practice Exam content. Please refer to your study materials to better understand the concepts presented in the Practice Exam.

Registration will open in March 2024.

• Review the FP Canada Blueprint: CFP Examination (June 2024), which details the weightings and financial planning functions and components that will be covered on the exam.
• Review the FP Standards Council Competency Profile for CFP Certification,, which outlines the competencies that are being assessed in the exam (i.e. the application of your learned technical knowledge to a client situation).

More information will be available by March 2024

More information will be available by March 2024