Comparison

HKFsPA E vs PrepLicense

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

Head to head
About

HKFsPA E

Features
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HKFsPA E-Learning Platform offers various types of e-learning programs, providing a more flexible learning solution to financial market participants

About

PrepLicense

Features
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PrepLicense: HK SFC โ€” A smart exam-prep app for the Hong Kong Securities and Futures Intermediaries Licensing Examination (LE), administered by HKSI Institute on behalf of the Securities and Futures Commission (SFC). Complete coverage of all 17 papers. [Syllabus Covered] Regulatory Papers: Paper 1 Fundamentals of Securities and Futures Regulation Paper 2 Regulation of Securities Paper 3 Regulation of Derivatives Market Paper 4 Regulation of Credit Rating Services Paper 5 Regulation of Corporate Finance Paper 6 Regulation of Asset Management Practical Papers: Paper 7 Financial Markets Paper 8 Securities Paper 9 Derivatives Paper 10 Credit Rating Services Paper 11 Corporate Finance Paper 12 Asset Management Sponsor & Specialist Papers: Paper 15 Sponsor I Paper 16 Sponsor II Paper 17 Compliance Adviser and Continuing Obligations Paper 18 Depositary Services I Paper 19 Depositary Services II [Core Features] - 4,900+ original bilingual questions built from SFO Cap. 571, the SFC codes, and the HKSI official syllabus - Mock Exam: weighted random draw per each paper's official question count, time limit, and topic distribution, with instant scoring - Learning Analytics: weak-topic radar chart, pass rate by topic, targeted improvement - Detailed Explanations: every question cites an SFO section, Code of Conduct paragraph, or related regulatory source - Practice Settings: freely combine by question count or by topic - Exam Details: question count, time limit and pass mark for every paper at a glance - Full bilingual (Traditional Chinese / English) interface [Free Tier] - Free sample questions in every paper [Premium Unlock] - Single paper: Monthly HK$98 / Yearly HK$488 / Lifetime HK$798 - Career-path bundle (4 to 7 papers grouped by regulated activity): from HK$298/month - All-papers pass (all 17 papers): Monthly HK$988 / Yearly HK$3,288 / Lifetime HK$7,988 - Unlocks the full question bank, all mock exams, learning analytics, and bookmarks Disclaimer: Independent study aid. Not affiliated with or endorsed by the Securities and Futures Commission (SFC) or HKSI Institute. Fees subject to official announcements from SFC / HKSI Institute. Terms of Use: https://preplicense.com/hk/sfc/terms.html Privacy Policy: https://preplicense.com/hk/sfc/privacy.html

Screenshots

HKFsPA E4 screens
PrepLicense4 screens

Verdict

The call

The clearest difference is in-app purchases: HKFsPA E at none against PrepLicense's 10. HKFsPA E also leads on iOS requirement (11.0 vs 15.0). On price, update cadence, ads and device support there is nothing between them.

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

CostPrice ยท In-app purchases ยท Ads ยท Monetization

Both are free to download. PrepLicense sells 10 in-app purchases, starting at $39.99 per month. HKFsPA E asks for nothing beyond the download.

UpkeepUpdate frequency

HKFsPA E ships an update every 2 months, PrepLicense every 6 weeks. The most recent releases landed on September 20, 2026 and August 14, 2026 respectively.

Scorecard2 real differences ยท 4 level
HKFsPA E versus PrepLicense: the parameters behind the verdict, then further details
ParameterHKFsPA EPrepLicense
PriceFreeFree
Update frequencyEvery 2 monthsEvery 6 weeks โ€” better
AdsNoNo
In-app purchasesNo โ€” betterYes
DevicesiPhone, iPodiPhone, iPod
Requires iOS11.0 โ€” better15.0
Further details โ€” not scored
Size23 MB66 MB
Age rating4+4+
DeveloperHONG KONG FINANCIAL SERVICES PROFESSIONALS ASSOCIATION LIMITEDChris Tang

In-app purchases

None

HKFsPA E

No in-app purchases

10 purchases

PrepLicense

Subscriptions10
  • Credit Rating Path Monthly$39.991 Month
  • Depositary Services Path Month$39.991 Month
  • Securities Path Monthly$39.991 Month
Show 7 more
  • Futures Path Monthly$39.991 Month
  • Sponsor Path Monthly$69.991 Month
  • Credit Rating Path Yearly$129.991 Year
  • Corporate Finance Path Yearly$129.991 Year
  • Securities Path Yearly$129.991 Year
  • Futures Path Yearly$129.991 Year
  • Sponsor Path Yearly$249.991 Year

Questions

Is HKFsPA E free?
HKFsPA E is free to download, with no in-app purchases.
Is PrepLicense free?
PrepLicense is free to download, with in-app purchases available.
Do HKFsPA E or PrepLicense have ads?
Neither HKFsPA E nor PrepLicense shows ads.
Which is updated more often, HKFsPA E or PrepLicense?
HKFsPA E ships an update every 2 months, and PrepLicense every 6 weeks. Most recently, HKFsPA E was updated on September 20, 2026 and PrepLicense on August 14, 2026.

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