This is a free, full length Ethics practice set for the 2026 CFA Level 1 exam, with 100 questions in the same format and difficulty as the real paper. Ethical and Professional Standards carries an exam weight of 15 to 20 percent, the heaviest of any Level 1 topic, so it is worth benchmarking your score here before deciding where the rest of your study time goes. No signup is needed to attempt Set 1.
The questions span the Code of Ethics, the seven Standards of Professional Conduct, the Global Investment Performance Standards and the ethical decision making framework. Every question is written to the current 2026 Level 1 curriculum, which is unchanged from 2025, so your score is a fair read on where you stand today.
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CFA Level 1 candidates preparing for the 2026 exam who want to benchmark their Ethics score before the final revision phase. | 180 | Free | 100 | 100 | 70 | 0 | - | Start Free |
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- | 180 | 7 | 100 | 100 | 70 | 0 | - | Add to cart |
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- | 180 | 7 | 100 | 100 | 70 | 0 | - | Add to cart |
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- | 180 | 7 | 100 | 100 | 70 | 0 | - | Add to cart |
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- | 180 | 7 | 100 | 100 | 70 | 0 | - | Add to cart |
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- | 180 | 7 | 100 | 100 | 70 | 0 | - | Add to cart |
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- | 180 | 7 | 100 | 100 | 70 | 0 | - | Add to cart |
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- | 180 | 7 | 100 | 100 | 70 | 0 | - | Add to cart |
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- | 180 | 7 | 100 | 100 | 70 | 0 | - | Add to cart |
You have seen what Set 1 looks like. Sets 2 to 10 are where the real preparation happens: 900 more Ethics questions, every one with a worked explanation.
Ethics is also the tiebreaker CFA Institute applies to borderline candidates, so a weak Ethics score can decide a marginal result. The questions are almost entirely scenario based rather than definitional, which is why candidates who only read the Standards tend to underperform on them.
Attempt this set under timed conditions, then use your topic report card to decide what to revise rather than restudying everything evenly. Sets 2 to 10 extend this bank to 1,000 Ethics questions. You can browse every topic and full length paper on the CFA exam mock tests hub.