Why is there no CIRO exam pass mark?
Each of CIRO’s exams comes in different versions, and each version has its own passing grade. CIRO says publishing a single passing grade would be misleading, so candidates receive a pass or fail mark.
Getting your result
Your results are in the Candidate Portal, where you can also download your transcripts. After you pass, you get a completion confirmation to report on the National Registration Database (NRD) and on CIRO Services.
If you don’t pass
You may try again within the same enrolment period, for a retake fee. The limit on attempts, and the cooling-off period after repeated fails, are on the cost page.
Sources: CIRO. Checked November 2026.
Rules and fees can change, so check the official site before your test.
Explore