Comparison

SIE Exam vs Passmasters

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

Head to head
About

SIE Exam

Prepare for the Securities Industry Essentials (SIE) exam with a personalized study plan. Practice with over 700 questions, track your progress, and compare your scores to the community average to boost your confidence and pass on your first attempt.

Highlights
  • Personalized study plan
  • 700+ practice questions
  • Track strengths and weaknesses
  • Detailed test statistics
  • Community score comparison
  • Topic-based learning
Features
Read full description

Pass your SIE 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 Securities Industry Essentials® (SIE®) Exam is a FINRA exam for prospective securities industry professionals. This introductory-level exam assesses a candidate’s knowledge of basic securities industry information including concepts fundamental to working in the industry, such as types of products and their risks; the structure of the securities industry markets, regulatory agencies and their functions; and prohibited practices. Follow a specially designed personal study plan and train yourself to pass the first time! Key features: - Choose from different topics required to pass a certification - Practice with 700+ 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

About

Passmasters

Prepare for securities and insurance licensing exams with comprehensive courses. Features include study manuals, video lectures, topic quizzes, and final exams to build confidence for your career.

Highlights
  • PDF Study Manuals
  • Instructor-Led Video Lectures
  • Topic Review Quizzes
  • Section Review Exams
  • Final Exams
  • On-the-Go Audio Lessons
Features
Read full description

Ace Your Securities and Insurance Exams with Confidence! Get licensed faster with PassMasters exam prep courses, designed to help you pass your Securities and Insurance licensing exams on the first try. PassMasters currently offers comprehensive courses for the SIE, Series 6, Series 7, Series 63, Series 65, Series 66, and Life Insurance (with more courses coming soon). Why Choose PassMasters? Our lead instructor brings 25+ years of industry experience, delivering proven, high-quality content tailored for success, ensuring our students master the concepts needed to succeed in their exams. Features of PassMasters Courses: • PDF Study Manual: Begin each section with a PDF to study and review before watching the related video lecture sessions. • Instructor-Led Videos Lectures: Multiple hours of on-demand instructor lead lectures on the topics covered in each exam. Start and stop the videos as your schedule permits. • Topic Review Quizzes: Take a targeted topic quiz after each topic to make sure you comprehend the concepts that were just presented. • Section Review Exam: End each section with a focused section review exam, which will give you the confidence to continue your studies. • Final Exam: Complete your studies with a final exam that is weighted exactly like the real exam. Do well on this and you are ready for the real exam. • On-the-Go Audio: Designed to accommodate our students' busy lifestyles, allowing you to listen to audio Essential Concepts of your course seamlessly. Whether you're multitasking or on the move, you can continue to learn and engage with PassMasters. Get started today and join thousands of successful professionals who have passed with our expert guidance. Don’t leave your licensing to chance - study with PassMasters and take the next step in your career with confidence!

Screenshots

SIE Exam4 screens
Passmasters4 screens

Verdict

The call

The clearest difference is rating: Passmasters at 5.0 against SIE Exam's 4.5. Passmasters also leads on update cadence (every 2 months vs every 4 months). SIE Exam's advantage is ratings volume (304 vs 2) and iOS requirement (13.0 vs 15.0). On price, ads, in-app purchases and monetization model 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. SIE Exam sells 2 in-app purchases, starting at $24.99 per month and Passmasters sells 13 one-off in-app purchases. Whichever you choose, the download price is not the number that matters.

ReceptionRating · Positive reviews · Number of ratings

Passmasters holds the better App Store score, 5.0 against 4.5. That said, the two scores are not equally well evidenced: SIE Exam has 304 ratings behind it against 2, so its average is the more settled of the two.

UpkeepUpdate frequency

SIE Exam ships an update every 4 months, Passmasters every 2 months. The most recent releases landed on September 24, 2026 and September 4, 2026 respectively.

Scorecard4 real differences · 6 level
SIE Exam versus Passmasters: the parameters behind the verdict, then further details
ParameterSIE ExamPassmasters
PriceFreeFree
Rating4.5 (304 ratings)5.0 (2 ratings) — better
Positive reviews30.0% of reviews—
Number of ratings304 — better2
Update frequencyEvery 4 monthsEvery 2 months — better
AdsNoNo
In-app purchasesYesYes
MonetizationFree with in-app purchasesFree with in-app purchases
DevicesiPhone, iPodiPhone, iPad, iPod — better
Requires iOS13.0 — better15.0
Further details — not scored
Size35 MB43 MB
Age rating4+4+
DeveloperMastrAPISuzanne Schultze-Rhoades

Customer experience

SIE Exam

All ratings304 ratings
Positive86.8%
Neutral3.3%
Negative9.9%
Written reviews10 reviews
Positive30.0%
Neutral10.0%
Negative60.0%

Passmasters

All ratings2 ratings
Positive100.0%
Neutral0.0%
Negative0.0%

In-app purchases

2 purchases

SIE Exam

Subscriptions1
  • Monthly with Trial7 Days trial$24.991 Month
One-time1
  • Lifetime$99.99
13 purchases

Passmasters

One-time13
  • Test$0.29
  • Texas Personal Lines Law Renew2 variants$4.69
  • Texas Life & Health Law Renew$4.69
Show 10 more
  • Texas Life Law Renew$4.69
  • SIE Renew$57.90
  • Series 65 Renew$92.90
  • Series 6$174.99
  • Securities Industry Essentials$174.99
  • Texas Life Law$199.99
  • Texas Personal Lines Law$200.00
  • Texas Property & Casualty Law$234.99
  • Texas Life & Health Law$234.99
  • Series 65$264.99

Questions

Is SIE Exam free?
SIE Exam is free to download, with in-app purchases available.
Is Passmasters free?
Passmasters is free to download, with in-app purchases available.
Which has better reviews, SIE Exam or Passmasters?
Passmasters is rated higher. SIE Exam averages 4.5 out of 5 from 304 ratings, while Passmasters averages 5.0 from 2 ratings.
Do SIE Exam or Passmasters have ads?
Neither SIE Exam nor Passmasters shows ads.
Which is updated more often, SIE Exam or Passmasters?
SIE Exam ships an update every 4 months, and Passmasters every 2 months. Most recently, SIE Exam was updated on September 24, 2026 and Passmasters on September 4, 2026.

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