Comparison

CFA Test Prep vs My Smartshala

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

My Smartshala

Features
Read full description

My Smartshala is a dedicated application for students to upload their test copies for checking and receive detailed performance analysis — including topic-wise and overall analytics across tests.

Screenshots

CFA Test Prep4 screens
My Smartshala4 screens

Verdict

The call

The clearest difference is in-app purchases: My Smartshala at none against CFA Test Prep's 2. My Smartshala also leads on update cadence (daily vs every 4 months). CFA Test Prep's advantage is iOS requirement (13.0 vs 15.6). On price, ads 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. My Smartshala asks for nothing beyond the download.

UpkeepUpdate frequency

CFA Test Prep ships an update every 4 months, My Smartshala daily. The most recent releases landed on October 24, 2026 and October 9, 2026 respectively.

Scorecard3 real differences · 7 level
CFA Test Prep versus My Smartshala: the parameters behind the verdict, then further details
ParameterCFA Test PrepMy Smartshala
PriceFreeFree
Rating4.7 (31 ratings) — better—
Positive reviews0.0% of reviews—
Number of ratings31 — better—
Update frequencyEvery 4 monthsDaily — better
AdsNoNo
In-app purchasesYesNo — better
MonetizationFree with in-app purchases—
DevicesiPhone, iPodiPhone, iPad, iPod — better
Requires iOS13.0 — better15.6
Further details — not scored
Size35 MB36 MB
Age rating4+4+
DeveloperMastrAPIArdonik Technologies Private Limited

In-app purchases

2 purchases

CFA Test Prep

Subscriptions1
  • Monthly7 Days trial$24.991 Month
One-time1
  • Lifetime$99.99
None

My Smartshala

No in-app purchases

Questions

Is CFA Test Prep free?
CFA Test Prep is free to download, with in-app purchases available.
Is My Smartshala free?
My Smartshala is free to download, with no in-app purchases.
Do CFA Test Prep or My Smartshala have ads?
Neither CFA Test Prep nor My Smartshala shows ads.
Which is updated more often, CFA Test Prep or My Smartshala?
CFA Test Prep ships an update every 4 months, and My Smartshala daily. Most recently, CFA Test Prep was updated on October 24, 2026 and My Smartshala on October 9, 2026.

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