# CFA Test Prep vs PrepLicense

The clearest difference is iOS requirement: CFA Test Prep at 13.0 against PrepLicense's 15.0. On price, update cadence, ads and in-app purchases there is nothing between them.

Both are free to download. CFA Test Prep sells 2 in-app purchases, starting at $24.99 per month and PrepLicense sells 2 in-app purchases, starting at $19.99 per month. Whichever you choose, the download price is not the number that matters.

CFA Test Prep ships an update every 4 months, PrepLicense every 2 months. The most recent releases landed on October 7, 2026 and October 1, 2026 respectively.

## The numbers

| Metric | CFA Test Prep | PrepLicense |
| --- | --- | --- |
| Price | Free | Free |
| Rating | **[4.7 (31 ratings)](https://appshunter.io/ios/app/cfa-test-prep/id1591861141/reviews)** | — |
| Number of ratings | **31** | — |
| Positive reviews | 0.0% of reviews | — |
| In-app purchases | Yes | Yes |
| Ads | No | No |
| Update frequency | Every 4 months | **Every 2 months** |
| Monetization | Free with in-app purchases | — |
| Size | 35 MB | 43 MB |
| Requires iOS | **13.0** | 15.0 |
| Devices | iPhone, iPod | iPhone, iPod |
| Age rating | 4+ | 4+ |
| Developer | [MastrAPI](https://appshunter.io/developer/1618627725) | [Chris Tang](https://appshunter.io/developer/1892232824) |

## What reviewers say

### CFA Test Prep

[App page](https://appshunter.io/ios/app/cfa-test-prep/id1591861141)

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:** Vision Pro support

**In-app purchases (2)**

| Purchase | Price | Billing |
| --- | --- | --- |
| Monthly | $24.99 | per month |
| Lifetime | $99.99 | one-time |


### PrepLicense

[App page](https://appshunter.io/ios/app/preplicense-cfa-exam-prep/id6780834707)

**Features:** macOS Compatibility, Vision Pro support

**In-app purchases (2)**

| Purchase | Price | Billing |
| --- | --- | --- |
| CFA Premium Monthly | $19.99 | per month |
| CFA Premium Yearly | $69.99 | per year |


## Frequently asked questions

### Is CFA Test Prep free?

CFA Test Prep is free to download, with in-app purchases available.

### Is PrepLicense free?

PrepLicense is free to download, with in-app purchases available.

### Do CFA Test Prep or PrepLicense have ads?

Neither CFA Test Prep nor PrepLicense shows ads.

### Which is updated more often, CFA Test Prep or PrepLicense?

CFA Test Prep ships an update every 4 months, and PrepLicense every 2 months. Most recently, CFA Test Prep was updated on October 7, 2026 and PrepLicense on October 1, 2026.

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*Compared by [AppsHunter](https://appshunter.io/) from daily US App Store data. Review summaries are generated from verbatim App Store reviews.*