What is PassPath?
Last updated: October 2026
PassPath is South African exam-preparation software for the FAIS regulatory exams: RE5 for Representatives and RE1 for Key Individuals. It measures your readiness against the real pass marks (RE5 66%, which is 33 of 50 correct; RE1 65%, which is 52 of 80), maps your weak spots per exam task, and trains them with adaptive practice and timed mock exams.
Free and paid
What does PassPath include?
PassPath has a free tier and a paid tier. Signing up is free and no card details are asked for.
The free tier
The free tier maps where you stand. It includes:
- The free 20-question RE5 mock exam, with no signup at all
- The full 16-question readiness diagnostic
- Your readiness score and topic heat-map
- The reference library: glossary + legislation, updated for 2026
- 5 practice questions a day
The paid tier
Paying unlocks the full study engine:
- The full course (Learn mode)
- Spaced-repetition Review
- Timed mock exams that mirror the real exam's format, length and time limit
- Unlimited practice
- Your daily study plan (Today's plan)
Every paid plan includes 180 days of access.
Course content
What you get in the RE5 and RE1 courses
Both courses follow the same study path. The numbers differ because the RE1 syllabus is larger.
What you get in the RE5 course
- learnWork through 74 structured lessons covering all 8 RE5 exam tasks, built from the current regulations.
- practiceAnswer hundreds of practice questions by task, updated for the latest 2026 regulations, each with a full explanation.
- reviewA spaced-repetition system resurfaces the questions and topics you're weakest on, automatically.
- mockSit 5 full mock exams, including 1 timed, full-length paper that mirrors the real exam's format and pass mark.
- readinessSee a single readiness score and a task-by-task mastery map, so you know exactly when you're ready to book the real exam.
What you get in the RE1 course
- learnWork through 136 structured lessons covering all 16 RE1 exam tasks, built from the current regulations.
- practiceAnswer hundreds of practice questions by task, updated for the latest 2026 regulations, each with a full explanation.
- reviewA spaced-repetition system resurfaces the questions and topics you're weakest on, automatically.
- mockSit 5 full mock exams, including 2 timed, full-length papers that mirror the real exam's format and pass mark.
- readinessSee a single readiness score and a task-by-task mastery map, so you know exactly when you're ready to book the real exam.
Plans & pricing
How much does PassPath cost?
You pay once. Each plan includes 180 days of access. There is no subscription and nothing auto-renews.
For individuals
For Representatives
RE5
R299
180 days access
For both exams
RE5 + RE1 bundle
R549
180 days access
For Key Individuals
RE1
R399
180 days access
For teams
Team RE5 · For Representatives
R249/ seat
From 2 seats · 180 days per seat
Team RE1 · For Key Individuals
R349/ seat
From 2 seats · 180 days per seat
An invoice is issued for every purchase.
Who makes PassPath?
PassPath is built by PASSPATH (PTY) LTD, a South African company. Our founder previously built a bank for financial services providers (FSPs), and watched too many careers stall behind one exam.
Which exams does PassPath cover?
PassPath covers two exams. RE5 is the regulatory exam for Representatives and RE1 is the regulatory exam for Key Individuals. The FSCA sets the pass mark at 65% for both. On the RE5’s 50 questions that means 33 correct answers, which is 66%; on the RE1’s 80 questions it is exactly 52. Both are FAIS regulatory exams, set and administered through Moonstone under the FSCA.
The exam fee is R1 300 per attempt, VAT inclusive, and it is the same for the RE5 and the RE1. That fee is paid to Moonstone, not to PassPath. PassPath is an independent product and is not affiliated with Moonstone or the FSCA.
We maintain the current sitting schedule for both exams: RE5 exam dates and RE1 exam dates.
What the exam-ready line means
Your readiness score is not a test result. It is built from every question you have practiced, across all of your exam's tasks, and each answer counts for more or less depending on how hard the question was, how sure you said you were, and how recently you answered it.
That is why the exam-ready line sits above the pass mark rather than on it. The RE5 pass mark is 66%, which is 33 of 50 correct, and PassPath only calls you exam-ready at 76%. The readiness score is measured on a different scale to a marked paper, so matching the pass mark on one is not the same as matching it on the other, and the gap is the margin.
Reaching the line is not a pass, and PassPath cannot promise you one. It means your practice is consistently clear of the standard. Confirm with a mock.
Free tier
Is there a free version?
Yes. Signing up is free and no card is required. The free tier includes the full readiness assessment and 5 practice questions a day. The readiness assessment is 16 questions and takes about 15 minutes. It samples every topic on your exam and returns your readiness score and your topic heat map.
PassPath for teams
PassPath Teams adds a manager dashboard on top of the same study engine each learner uses. Seats start at R249 per seat and are bought in batches of 2 or more. It is built for FSPs, brokerages, insurers and call centres that need every representative through the exam inside a deadline.
Frequently asked questions
No. PassPath is a once-off payment. Each purchase gives you 180 days of access. Nothing auto-renews and there are no recurring charges.
Every plan includes 180 days of access. For an individual plan the 180 days start on the date of purchase. For a team seat the 180 days start the day your rep accepts the invite, not when you pay.
No. Signing up is free and no card details are asked for. You only enter payment details if you choose to buy a plan. The free tier stays free.
Yes. PassPath runs in a web browser and there is nothing to install. The interface is built mobile-first, so it works on a phone, a tablet or a laptop. Your progress is saved to your account.
Because the readiness score and a marked paper are not the same measurement. The RE5 pass mark is 66%, which is 33 of 50 correct, and PassPath calls you exam-ready at 76%. Your score is built from all the practice you have done, weighted by question difficulty, by how sure you said you were and by how recent each answer is, so it is not a percentage out of 50. The extra 10 points are the margin for that difference. Reaching the line is not a pass and PassPath cannot promise you one. Confirm with a mock.
No. PassPath is an independent product. It is not affiliated with, endorsed by or accredited by the exam body or the regulator. The exam itself is set and administered through Moonstone under the FSCA, and PassPath prepares you for it.
Yes. Team seats are sold from a minimum of 2 seats and are paid for once, like individual plans. A manager gets a dashboard showing each member's readiness band, activity and deadline countdown, plus a CSV export for the competence register. A manager never sees an individual's answers.