Comparison

Allen Prep vs MasterCFA

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

Head to head
About

Allen Prep

Prepare for your exams with a comprehensive question bank featuring multiple-choice questions, answers, and detailed rationales. Track your performance, identify weak areas, and customize your study sessions with adaptive learning technology.

Highlights
  • Extensive question bank
  • Detailed answers and rationales
  • Performance tracking and statistics
  • Customizable testing options
  • Adaptive learning technology
  • Review missed and least-seen questions
  • Test-taking strategies and advice
Features
Read full description

AllenPrep - Know What's on the Exam Master your exam with the most comprehensive question bank available. AllenPrep covers every subject, every topic - so nothing on test day catches you off guard. ADAPTIVE LEARNING TECHNOLOGY AllenPrep continuously recalibrates based on your performance. The more you study, the smarter it gets - focusing your time where it matters most. FEATURES - Performance Rankings - See how you stack up against other users in real time. - Detailed Statistics - Track your strengths and weaknesses by subject area. - Customized Testing - Study all subjects or zero in on specific areas. - Seen Least - Prioritize questions you haven't practiced enough. - Missed Most - Drill the questions that trip you up most often. - Favorites - Flag questions to revisit later. - Retake Options - Retake a full test or only the questions you missed. - Scrambled Questions & Answers - Forces genuine understanding, not memorization. - Test-Taking Strategies - Tips and advice to maximize your score. - Frequent Updates - Content stays current with the latest exam material. EXAMS COVERED Professional - Finance CFA Level I, CFA Level II, CFA Level III, FINRA Series 6, FINRA Series 7, FINRA Series 63, FRM Professional - Medical NCLEX-RN, NCLEX-PN, CEN, FNP, HESI, TEAS Graduate School GMAT, GRE College Prep & High School SAT, ACT, PSAT, ACCUPLACER, IELTS, TOEFL, TOEIC, Learn English, Learn Math, DMV Permit Practice & Driver's Ed (all 50 states) Why Allen Prep? AllenPrep TestBank simulates real exam conditions, reinforces what you know, and eliminates what holds you back. Efficient, focused, and built for results. - Simulates actual test-taking conditions - Targets and strengthens weak areas - Tracks cumulative progress - overall and by subject - Builds confidence through repetition and mastery - Study anytime, anywhere Download AllenPrep and walk into your exam ready. Questions, issues, or feedback? We'd love to hear from you. Email: info@allenprep.com Allen Resources | Since 1993 Privacy Policy: http://allenprep.com/privacypolicy.php Terms of Use: https://www.apple.com/legal/internet-services/itunes/dev/stdeula/ Subscription includes full access to the entire app. Your Apple ID will not be charged until after your free trial ends. Subscription auto-renews unless canceled at least 24 hours before the end of the current period. Manage subscriptions in your Account Settings.

About

MasterCFA

Prepare for your CFA Level I exam with a comprehensive learning platform. Access high-quality video lessons, create custom quizzes from thousands of questions, and utilize flashcards with spaced repetition.

Highlights
  • Course Library for CFA Level 1
  • Adaptive Quiz with 8000+ questions
  • Dash Cards with spaced repetition
  • Comprehensive explanations
  • Engaging illustrations
Features
Read full description

The MasterCFA learning platform was developed to help you make the most of your CFA Level I Examination preparation. With the most current and relevant CFA topics, engaging illustrations, and comprehensive explanations designed to suit any learning style, we have the tools you need to pass the exam. Features: * Course Library: High-quality learning prep videos for CFA Level 1 Modules * Adaptive Quiz: Create unlimited custom quizzes from 8000+ questions * Dash Cards: Over 2000 pre-filled flash cards with spaced repetition Coming soon: * Masa: Your own AI powered guide to the CFA exam! MasterCFA is dedicated to helping you prepare your best for the CFA Level 1 examination. We would love to hear your feedback at support@mastercfa.com. Terms of Use: https://www.apple.com/legal/internet-services/itunes/dev/stdeula/ Privacy Policy: https://www.mastercfa.com/privacy-policy

Screenshots

Allen Prep4 screens
MasterCFA4 screens

Verdict

The call

The clearest difference is review sentiment: MasterCFA at 100% against Allen Prep's 10%. MasterCFA also leads on update cadence (fortnightly vs every 5 weeks). On price, ads, in-app purchases and monetization model 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. Allen Prep sells 12 in-app purchases, starting at $0.99 per 7 days and MasterCFA sells 6 in-app purchases, starting at $9.99 per month. Whichever you choose, the download price is not the number that matters.

UpkeepUpdate frequency

Allen Prep ships an update every 5 weeks, MasterCFA fortnightly. The most recent releases landed on September 23, 2026 and September 19, 2026 respectively.

Scorecard2 real differences · 8 level
Allen Prep versus MasterCFA: the parameters behind the verdict, then further details
ParameterAllen PrepMasterCFA
PriceFreeFree
Rating—5.0 (3 ratings) — better
Positive reviews9.7% of reviews100.0% of reviews — better
Number of ratings—3 — better
Update frequencyEvery 5 weeksFortnightly — better
AdsNoNo
In-app purchasesYesYes
MonetizationFree with in-app purchasesFree with in-app purchases
DevicesiPhone, iPadiPhone, iPad, iPod — better
Requires iOS16.615.1 — better
Further details — not scored
Size106 MB71 MB
Age rating4+4+
DeveloperAllen Resources, Inc.Blooming Recall

Customer experience

Allen Prep

Written reviews72 reviews
Positive9.7%
Neutral2.8%
Negative87.5%

MasterCFA

All ratings3 ratings
Positive100.0%
Neutral0.0%
Negative0.0%
Written reviews11 reviews
Positive100.0%
Neutral0.0%
Negative0.0%

Bugs and requests

Allen Prep

Reported bugs

4 issues
  • Does not allow correct answer to be processed
  • App does not open
  • App crashes every time
  • Glitch in system for add-on purchases

Requested features

5 requests
  • Make screen flipping possible for study guide
  • Provide explanations for incorrect answers
  • Show signs when asking sign-related questions
  • Increase font size on iPad
  • Option to not reveal correct/incorrect until end

MasterCFA

Not enough reviews yet to summarise bugs or requests.

In-app purchases

12 purchases

Allen Prep

Subscriptions12
  • Questions, Answers & Rationale3 Days trial$0.997 Days
  • Unlimited Access7 Days trial$0.991 Month
  • TestBank Total Access7 Days trial$3.491 Month
Show 9 more
  • TestBank Total Access3 Days trial$6.997 Days
  • TestBank Total Access7 Days trial$6.997 Days
  • Total Access Enabled7 Days trial$9.997 Days
  • Complete TestBank of Questions7 Days trial$19.991 Month
  • Full TestBank Access7 Days trial$19.991 Month
  • 12,383 Exam Questions, Answers7 Days trial$49.993 Months
  • Unlimited Access to Questions7 Days trial$54.993 Months
  • TestBank Annual Access3 Days trial$99.991 Year
  • Premium TestBank of Questions3 Days trial$189.991 Year
6 purchases

MasterCFA

Subscriptions2
  • MasterCFA Pro: 20% Off$9.991 Month
  • MasterCFA Pro$24.991 Month
One-time4
  • MasterCFA Pro: 33% Off$99.99
  • MasterCFA Pro: 25% Off$149.99
  • MasterCFA Pro$149.99
Show 1 more
  • MasterCFA: Level 1$149.99

Questions

Is Allen Prep free?
Allen Prep is free to download, with in-app purchases available.
Is MasterCFA free?
MasterCFA is free to download, with in-app purchases available.
Do Allen Prep or MasterCFA have ads?
Neither Allen Prep nor MasterCFA shows ads.
Which is updated more often, Allen Prep or MasterCFA?
Allen Prep ships an update every 5 weeks, and MasterCFA fortnightly. Most recently, Allen Prep was updated on September 23, 2026 and MasterCFA on September 19, 2026.

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