The FMRP exam applies to all dealers and brokers engaged in wholesale dealing of over-the-counter (OTC) foreign exchange, money market instruments and derivative products in Singapore.

Exam Syllabus

- Ethics & Behavioural Standards
- Risk Management Principles
- General Dealing Principles & Market Conduct
- Back Office Practices
- Handling Market Disruptions
- Foreign Exchange / Non-Deliverables Forwards Dealing
- Debt Securities Dealing Practices
- Money Market Dealing Practices
- OTC Derivatives Dealing Practices
- Other Market Instruments
- Broking and Brokerage
- Benchmark Rate Setting

About the Exam

- 100 MCQs (computer-based)
- Duration: 2 hours
- Passing score: 75%
- Fee: $130

There are no exemptions for FMRP.

Relevant Products

- 576 unique practice (mock exam) questions in all packages
- 5.5 Hrs of E-Learning tutorial video content offered in Success package or higher

A recommended study time of 35 Hrs is recommended to prepare for this exam.

Up to Date, Latest Edition

CMFAS Academy has always been the first in the industry to update its material and content to align to any change or update in the official exam syllabus.

Certificate of Completion

Get a Certificate of Completion for your learning efforts, even before you pass the exam! This is especially useful when you need to convince potential employers of your readiness for the job.

Pricing Information

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Official Study Guide and Booking of Exam Date

CMFAS Academy is a private institution offering online e-learning programs to help candidates pass the exams. The official administrator of the exams are Institute of Banking & Finance (IBF) and Singapore College of Insurance.

Candidates who are unsure which exam to take should check with the compliance department of the company. To book for the exam, please register online through the official websies of IBF or SCI College.