Comparison

FRM Practice Test Prep vs CFA Test Prep

Price, ratings, monetisation and update history for both apps, side by side — with what reviewers say about each.

Head to head
About

FRM Practice Test Prep

Prepare for your Financial Risk Management exam with this app. It uses a proprietary learning technique based on cognitive psychology to help you study and memorize material effectively. Access a large question bank and a free trial before upgrading.

Highlights
  • Proprietary Effective Learning Strategy (ELS™)
  • Chunking technique for memorization
  • Over 800 practice questions
  • Daily free questions for 5 days
  • Pass or its free guarantee
Features
Read full description

Your new best friend in learning an FRM Practice Test takes test preparation to a new level. Studying and passing your Financial Risk Management Test will never be easier. WE PROMISE! In fact, our amazing apps are developed by educators and utilize our proprietary learning technique ELS™ or Effective Learning Strategy. Learning, studying and memorizing requires you to use your short term memory! ELS uses a technique called “chunking.” In cognitive psychology, chunking is a process by which individual pieces of information are bound together. It is believed that individuals create higher order cognitive representations of the items on the list that are more easily remembered as a group than as individual items themselves. The bottom line… It works! Financial Risk Management Test comes with over 800 questions. Download the app and try it for free. We give you 10 free questions a day for 5 days. If you like it, you can upgrade to a paid version. Get started now and take advantage of our PASS OR ITS FREE GUARANTEE.

About

CFA Test Prep

Prepare for the CFA Exam with a personalized study plan. Practice over 550 questions, track your progress, and compare your scores to the community average. Boost your confidence for first-time success.

Highlights
  • Personalized study plan
  • 550+ practice questions
  • Topic selection
  • Strength and weakness tracking
  • Detailed test statistics
  • Community score comparison
Features
Read full description

Pass your 2026 CFA Exam with flying colors! Boost your confidence in passing the first time with our mobile app and a personal study plan based on your current skill and requirements. The CFA Program is a three-part exam that tests the fundamentals of investment tools, valuing assets, portfolio management, and wealth planning. The CFA Program is typically completed by those with backgrounds in finance, accounting, economics, or business. Key features: - Choose from different topics - Practice with 550+ questions - Track your strengths and weaknesses within Stats section of the app - Study detailed statistics of every test you take - Compare your score to the community average for almost any type of exam ————— Purchases, subscriptions and terms You need to buy a lifetime access or subscribe to get access to all features, courses and questions. The cost of the purchase is charged to your iTunes account. Subscriptions are auto-renewable and are billed at the rate and period selected depending on the subscription plan. Users’ accounts are charged for auto-renewal within 24 hours prior to the end of the current period. Subscriptions can be managed and auto-renewal can be turned off in Account Settings in iTunes after the purchase. Any unused portion of a free trial period, if offered, will be forfeited when the user purchases a subscription to that publication, where applicable. Terms of use: https://mastrapi.com/terms Privacy policy: https://mastrapi.com/policy

Screenshots

FRM Practice Test Prep4 screens
CFA Test Prep4 screens

Verdict

The call

The clearest difference is rating: CFA Test Prep at 4.7 against FRM Practice Test Prep's 1.0. CFA Test Prep also leads on ratings volume (31 vs 1). FRM Practice Test Prep's advantage is iOS requirement (9.0 vs 13.0). On price, review sentiment, ads and in-app purchases there is nothing between them.

Scored on Price · Rating · Positive reviews · Number of ratings · Update frequency · Ads · In-app purchases · Monetization · Best chart rank · Devices · Requires iOS

CostPrice · In-app purchases · Ads · Monetization

Both are free to download. FRM Practice Test Prep sells 1 one-off in-app purchase and CFA Test Prep sells 2 in-app purchases, starting at $24.99 per month. Whichever you choose, the download price is not the number that matters.

ReceptionRating · Positive reviews · Number of ratings

CFA Test Prep holds the better App Store score, 4.7 against 1.0. That said, the two scores are not equally well evidenced: CFA Test Prep has 31 ratings behind it against 1, so its average is the more settled of the two. Written reviews split almost evenly too, at 0% and 0% positive.

Scorecard3 real differences · 7 level
FRM Practice Test Prep versus CFA Test Prep: the parameters behind the verdict, then further details
ParameterFRM Practice Test PrepCFA Test Prep
PriceFreeFree
Rating1.0 (1 ratings)4.7 (31 ratings) — better
Positive reviews0.0% of reviews0.0% of reviews
Number of ratings131 — better
Update frequency—Every 4 months
AdsNoNo
In-app purchasesYesYes
MonetizationFree with in-app purchasesFree with in-app purchases
DevicesiPhone, iPad, iPod — betteriPhone, iPod
Requires iOS9.0 — better13.0
Further details — not scored
Size7 MB35 MB
Age rating4+4+
DeveloperMOON MOUNTAIN INCMastrAPI

Customer experience

FRM Practice Test Prep

All ratings1 ratings
Positive0.0%
Neutral0.0%
Negative100.0%
Written reviews2 reviews
Positive0.0%
Neutral0.0%
Negative100.0%

CFA Test Prep

All ratings31 ratings
Positive90.3%
Neutral3.2%
Negative6.5%
Written reviews2 reviews
Positive0.0%
Neutral0.0%
Negative100.0%

In-app purchases

1 purchases

FRM Practice Test Prep

One-time1
  • FRM Practice Test Premium$9.99
2 purchases

CFA Test Prep

Subscriptions1
  • Monthly7 Days trial$24.991 Month
One-time1
  • Lifetime$99.99

Questions

Is FRM Practice Test Prep free?
FRM Practice Test Prep is free to download, with in-app purchases available.
Is CFA Test Prep free?
CFA Test Prep is free to download, with in-app purchases available.
Which has better reviews, FRM Practice Test Prep or CFA Test Prep?
CFA Test Prep is rated higher. FRM Practice Test Prep averages 1.0 out of 5 from 1 ratings, while CFA Test Prep averages 4.7 from 31 ratings.
Do FRM Practice Test Prep or CFA Test Prep have ads?
Neither FRM Practice Test Prep nor CFA Test Prep shows ads.

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