CFA Test Prep vs PrepLicense
Price, ratings, monetisation and update history for both apps, side by side — with what reviewers say about each.
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.
- Personalized study plan
- 550+ practice questions
- Topic selection
- Strength and weakness tracking
- Detailed test statistics
- Community score comparison
Read full descriptionHide 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
PrepLicense
Read full descriptionHide full description
PrepLicense: TW Securities & Futures — One app for Taiwan's four securities and futures qualification tests, administered by the Securities and Futures Institute (SFI). 1,500 original bilingual questions. [Coverage — 4 tests] 1. Securities Specialist 2 subjects · 100 questions · pass 50 in each Securities Trading Regulations & Practice; Securities Investment & Financial Analysis 2. Senior Securities Specialist 3 subjects · 150 questions · pass 50 in each Securities Trading Regulations & Practice; Investments; Financial Analysis 3. Futures Specialist 2 subjects · 100 questions · below 60 in any subject fails Futures Trading Regulations; Futures Trading Theory & Practice 4. SITE Specialist (Securities Investment Trust & Consulting) 3 subjects · 150 questions · pass 50 in each Investment Trust & Consulting Regulations; Securities Investment & Financial Analysis; Securities Trading Regulations & Practice [Core features] - 1,500 original bilingual questions written against the Securities and Exchange Act, the Futures Trading Act, the Securities Investment Trust and Consulting Act, and their subordinate regulations - Regulatory questions checked against the source statute; calculation questions independently recomputed in code - Subjects are shared across tests, so overlapping material is never repeated when you prepare for a second licence - Switch between all four tests from the home screen, each with its own bank, mock exam, and analytics - Mock exams draw questions in the official per-subject proportions - Full explanations: statutory citations for regulatory questions, complete working for calculations - Practice settings: choose question count and subjects [Free trial] - A sample of free questions for every test [Unlock] - Single test: monthly, 3-month, or yearly - All-Access: unlock all four question banks at once Disclaimer: Independent study aid. Not affiliated with or endorsed by the Securities and Futures Institute (SFI) or the Financial Supervisory Commission's Securities and Futures Bureau. Actual test rules and content follow announcements from the relevant authorities. Terms of Use: https://preplicense.com/tw/securities/terms.html Privacy Policy: https://preplicense.com/tw/securities/privacy.html
Screenshots
Verdict
The clearest difference is update cadence: PrepLicense at monthly against CFA Test Prep's every 4 months. CFA Test Prep's advantage is iOS requirement (13.0 vs 15.0). 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
Both are free to download. CFA Test Prep sells 2 in-app purchases, starting at $24.99 per month and PrepLicense sells 10 in-app purchases, starting at $6.99 per month. Whichever you choose, the download price is not the number that matters.
CFA Test Prep ships an update every 4 months, PrepLicense monthly. The most recent releases landed on October 24, 2026 and October 25, 2026 respectively.
| Parameter | CFA Test Prep | PrepLicense |
|---|---|---|
| Price | Free | Free |
| Rating | 4.7 (31 ratings) — better | — |
| Positive reviews | 0.0% of reviews | — |
| Number of ratings | 31 — better | — |
| Update frequency | Every 4 months | Monthly — better |
| Ads | No | No |
| In-app purchases | Yes | Yes |
| Monetization | Free with in-app purchases | — |
| Devices | iPhone, iPod | iPhone, iPod |
| Requires iOS | 13.0 — better | 15.0 |
| Further details — not scored | ||
| Size | 35 MB | 67 MB |
| Age rating | 4+ | 4+ |
| Developer | MastrAPI | Chris Tang |
In-app purchases
CFA Test Prep
- Monthly7 Days trial$24.991 Month
- Lifetime$99.99
PrepLicense
- Securities Specialist Monthly$6.991 Month
- Senior Specialist Monthly$6.991 Month
- Futures Specialist Monthly$6.991 Month
Show 4 moreShow fewer
- Trust & Consulting Monthly$6.991 Month
- Securities Specialist Yearly$29.991 Year
- Senior Specialist Yearly$29.991 Year
- Trust & Consulting Yearly$29.991 Year
- Trust & Consulting Lifetime$39.99
- Futures Specialist Lifetime$39.99
- Securities All-Access Lifetime$99.99
Questions
Is CFA Test Prep free?
Is PrepLicense free?
Do CFA Test Prep or PrepLicense have ads?
Which is updated more often, CFA Test Prep or PrepLicense?
Other comparisons















