Comparison

CFA Test Prep vs CFA Test Sim

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

Head to head
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

About

CFA Test Sim

Features
Read full description

Our Test Simulator is explicitly designed for CFA Program exam preparation. It helps candidates at all levels strengthen their understanding of core concepts and excel on exam day. Key Features - Comprehensive Practice Tests: Access questions covering all CFA Program domains and levels (I, II, III). - Detailed Explanations: Understand concepts with clear reasoning for each response. - Progress Tracking: Monitor your improvement and identify focus areas. - Personalized Learning: Adapt your study plan to your schedule and needs. - Regular Updates: Stay current with evolving exam standards and structures. Start with a 7-day FREE TRIAL with unlimited access to all features. A subscription is required afterward to continue full access. This powerful study tool helps you build confidence and streamline your CFA exam preparation, whether just beginning or completing your final review. This app uses Apple's standard EULA: https://www.apple.com/legal/internet-services/itunes/dev/stdeula/

Screenshots

CFA Test Prep4 screens
CFA Test Sim4 screens

Verdict

The call

The clearest difference is update cadence: CFA Test Sim at every 6 weeks against CFA Test Prep's every 4 months. CFA Test Prep's advantage is iOS requirement (13.0 vs 17.6). On price, ads, in-app purchases and device support 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. CFA Test Prep sells 2 in-app purchases, starting at $24.99 per month and CFA Test Sim sells 5 in-app purchases, starting at $7.99 per month. Whichever you choose, the download price is not the number that matters.

UpkeepUpdate frequency

CFA Test Prep ships an update every 4 months, CFA Test Sim every 6 weeks. The most recent releases landed on September 17, 2026 and September 10, 2026 respectively.

Scorecard2 real differences · 8 level
CFA Test Prep versus CFA Test Sim: the parameters behind the verdict, then further details
ParameterCFA Test PrepCFA Test Sim
PriceFreeFree
Rating4.7 (31 ratings) — better—
Positive reviews0.0% of reviews—
Number of ratings31 — better—
Update frequencyEvery 4 monthsEvery 6 weeks — better
AdsNoNo
In-app purchasesYesYes
MonetizationFree with in-app purchases—
DevicesiPhone, iPodiPhone, iPad
Requires iOS13.0 — better17.6
Further details — not scored
Size35 MB22 MB
Age rating4+4+
DeveloperMastrAPIAaratus, inc.

In-app purchases

2 purchases

CFA Test Prep

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

CFA Test Sim

Subscriptions4
  • Monthly Subscription7 Days trial$7.991 Month
  • 3-Month Subscription3 Days trial$29.993 Months
  • 6-Month Subscription7 Days trial$49.996 Months
Show 1 more
  • 12-Month Subscription$79.991 Year
One-time1
  • Lifetime Access$99.99

Questions

Is CFA Test Prep free?
CFA Test Prep is free to download, with in-app purchases available.
Is CFA Test Sim free?
CFA Test Sim is free to download, with in-app purchases available.
Do CFA Test Prep or CFA Test Sim have ads?
Neither CFA Test Prep nor CFA Test Sim shows ads.
Which is updated more often, CFA Test Prep or CFA Test Sim?
CFA Test Prep ships an update every 4 months, and CFA Test Sim every 6 weeks. Most recently, CFA Test Prep was updated on September 17, 2026 and CFA Test Sim on September 10, 2026.

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