Broker Dealer License in North Dakota
Quick Answer
North Dakota requires CRD registration, FINRA broker-dealer sponsorship, and passing the Series 7 plus Series 63 or 66 exams through the Secretary of State's Securities Division.
- Exam
- FINRA Series 7 + Series 63
- Total Cost
- $500 (est.)
- Timeline
- 2-4 months
- Background Check
- Required
- Renewal
- Every Annually (December 31)
Requirements
Broker Dealer license in North Dakota
Estimated Costs Est.
- Exam Fee
- $305
- Total Estimated Cost
- $500
Cost Breakdown
Estimated costs for getting your Broker Dealer license in North Dakota. Values marked "Est." are extracted from official descriptions.
Enter the cost of your pre-licensing education program
Fees marked "Est." are extracted from official descriptions and may not reflect current pricing. Verify with the North Dakota licensing board.
How to Get Licensed
Step-by-step roadmap to becoming a licensed Broker Dealer in North Dakota.
- 1
Complete Education Requirements
No educational requirements
- 2
Submit Background Check
Background check required
- 3
Pass the Required Exam
Third-party exam required — FINRA Series 7 + Series 63
- 4
Submit Your Application
File your application with the licensing agency.
- 5
Receive Your License
Processing typically takes 2-4 months.
Broker Dealer Licensing in North Dakota: What to Know
North Dakota regulates securities agents through the Securities Division of the Secretary of State's office. The COS database did not return a securities-specific listing for North Dakota. Under North Dakota's Securities Act (N.D.C.C. Chapter 10-04), all stockbrokers must register as agents of a FINRA-member broker-dealer through the CRD system. Agents must pass the Series 7 and either the Series 63 or Series 66 state law exam. North Dakota follows the Uniform Securities Act framework for its blue sky registration.
Frequently Asked Questions
- How much does a Broker Dealer license cost in North Dakota?
- The estimated total cost is $500, including application fees, exam fees ($305), and education costs.
- How long does it take to get a Broker Dealer license in North Dakota?
- The process typically takes 2-4 months, depending on education completion and exam scheduling.
- What exam do I need for a Broker Dealer license in North Dakota?
- You need to pass the FINRA Series 7 + Series 63. Third-party exam required
Considering another state?
Compare Broker Dealer requirements across states.
View all states →Data from CareerOneStop (DOLETA/DEED). Last updated: February 15, 2026.