Officially, the rules changed on January 1, 2026: the CSC is no longer acceptable for CIRO investment-dealer approval. In practice, though, employers, recruiters, and legacy job descriptions still use CSC as shorthand for broad Canadian securities knowledge.
That creates a real decision problem. The newer CIRO path is usually cheaper and more role-specific ($475 per exam and no fee for conduct training), while the CSC remains widely recognized and still matters in areas like mutual funds, banking, planning, and resume screening. This site exists to give you the learning layer for free before you decide where to spend money.
When you are ready for practice, start with CSC Exam 1 and CSC Exam 2 practice on MasteryExamPrep.com. Behind those matched pages is the broader securities exam simulator with 125,000+ sample exam questions across 52 current exam tracks, covering CIRO, CSI, LLQP, SIE, and multiple Series exams. At $14.99/month, that all-access subscription is tiny compared with paying for even a single $475 CIRO exam attempt.
The credential still carries brand recognition, still appears in job descriptions, and still signals broad Canadian market knowledge.
CIRO moved investment-dealer proficiency to role-based exams with lower direct exam fees and no mandatory prep course.
You should be able to learn the foundation first, compare paths calmly, and avoid paying for a credential blindly.
Read here for free, then move into CSC Exam 1 and CSC Exam 2 practice on MasteryExamPrep.com before expanding into broader securities-exam practice across app and web.
Start CSC PracticePractical takeaway: if you need the current CIRO investment-dealer path, compare the new exams first. If you want the broader credential employers still recognize, or you need CSC-adjacent knowledge for mutual funds, planning, banking, or resume signaling, CSC can still make sense.
The first half of the book aligns more closely with Exam 1.
The second half of the book aligns more closely with Exam 2.
Read the guide, decide whether CSC or CIRO is the better fit for your situation, then move into CSC Exam 1 or CSC Exam 2 practice on MasteryExamPrep.com before expanding into broader securities-exam practice across web, iPhone, and Android.