Exam Information

Exam Length

  • 3 Hours

Exam Format

Passing Grade

  • 75% (75 out of 100)

Licensing Eligibility

ATTENTION EXAM TAKERS

Effective January 1, 2025, RIBO is making changes to the Level 1 Entry-Level Broker Exam. Learn more about the changes here. Registrations to the RIBO Exam occur on a first come first serve basis while spaces last.

Registration

  • Online

    Virtually proctored online exams are a convenient option from the comfort of your home or any private space with an internet connection. Exams are conducted on two platforms—TopClass, where the exam is hosted, and ProctorU, where a virtual proctor monitors your exam. Proctors observe exams via webcam and troubleshoot any technical issues should they arise. All online exams are recorded, and unusual behaviour is flagged. Here’s a short video explaining the exam process. Details on how to book your virtual proctor and test your system prior to the exam are emailed following registration.

    Proctor Requirement
    It’s the exam taker’s responsibility to secure a virtual proctor through ProctorU for all online exams. Your specific exam start time will be determined during this process. Detailed instructions will be emailed following registration.

    System Requirements

    • Personal laptop or computer with the capability to download software (a ProctorU Browser Extension)
    • A personal laptop or computer with a single monitor (computers with 2 or more monitors aren’t permitted)
    • Chrome or Firefox web browser
    • Functioning microphone, speaker and camera (headset mics aren’t permitted)
    • High-speed internet—a connection failure or interruption will interfere with your exam
    • Do not connect through a VPN (Virtual Private Network)

    Number of Attempts
    If you fail your RIBO Exam, you’re eligible to rewrite a second time by following the standard registration process. After two failed attempts, you’re ineligible to rewrite your exam for 8 months following your second attempt.

    Permissible Tools to Use During Exam

    • Digital version of the OAP1 Policy (available on the exam platform)
    • Four Function Calculator (available on the exam platform)

    Examination Rules
    For more information please refer to the RIBO Examination Rules and RIBO’s Exam Administration & Academic Integrity Policy

    To Register
    Sign in using your IBAO Member ID. If you don’t have a Member ID, ask your hiring manager to have you added to their IBAO employee roster or create an account.

    For Accommodations and other queries
    Please contact exams@ibao.on.ca

     

    August 5 - First Attempt

    Register by July 26

    $300

    REGISTER

    August 5 - Second Attempt

    Register by July 26

    $300

    REGISTER

    August 25 - First Attempt

    Register by August 15

    $300

    REGISTER

    August 25 - Second Attempt

    Register by August 15

    $300

    REGISTER
  • In-Person

    In-Person proctored online exams are now available at the Toronto Exam Centre – IBAO, 1 Eglinton Avenue East, Suite 700. The exam will be conducted online on a computer/laptop and proctored live by an IBAO proctor on-site.

    Exam Fee
    The cost of each RIBO exam attempt is $300. Each rewrite is an additional $300.

    Exam Dates and Registration
    Our in-person exam dates for August are:
    Tuesday – August 5th 2025,
    Monday – August 11th 2025,
    Monday – August 25th 2025.
    To register, please contact exams@ibao.on.ca specifying your choice of exam date.
    Registration deadline is 10 days before the exam date, or while spaces last.

    Device & Equipment
    Computer devices (laptops) will be provided for in-person examinations. Only IBAO devices and equipment are permitted.

    Number of Attempts
    If you fail your RIBO Exam, you’re eligible to rewrite a second time by following the standard registration process. After two failed attempts, you’re ineligible to rewrite your exam for 8 months following your second attempt.

    Permissible Tools to Use During Exam

    • Digital version of the OAP1 Policy (available on the exam platform)
    • Four Function Calculator (available on the exam platform)

    Examination Rules
    For more information please refer to the RIBO Examination Rules and RIBO’s Exam Administration & Academic Integrity Policy

    For Accommodations and other queries
    Please contact exams@ibao.on.ca

FREQUENTLY ASKED QUESTIONS