CFA Test Prep vs My Smartshala
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
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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
My Smartshala
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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
Verdict
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
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.
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.
| Parameter | CFA Test Prep | My Smartshala |
|---|---|---|
| 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 | Daily — better |
| Ads | No | No |
| In-app purchases | Yes | No — better |
| Monetization | Free with in-app purchases | — |
| Devices | iPhone, iPod | iPhone, iPad, iPod — better |
| Requires iOS | 13.0 — better | 15.6 |
| Further details — not scored | ||
| Size | 35 MB | 36 MB |
| Age rating | 4+ | 4+ |
| Developer | MastrAPI | Ardonik Technologies Private Limited |
In-app purchases
CFA Test Prep
- Monthly7 Days trial$24.991 Month
- Lifetime$99.99
My Smartshala
No in-app purchases
Questions
Is CFA Test Prep free?
Is My Smartshala free?
Do CFA Test Prep or My Smartshala have ads?
Which is updated more often, CFA Test Prep or My Smartshala?
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