Comparison

FRM Essentials vs FRM Practice Test

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

Head to head
About

FRM Essentials

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**FRM Essentials** is designed to complement your study routine, offering the perfect companion to the textbooks. With a focus on efficiency and convenience, this app helps you grasp key concepts, reinforce your understanding, and maximize your preparation time. **Why Choose FRM Essentials?** **Comprehensive Summaries**: Quickly review concise summaries of every learning objective across all chapters. Perfect for reinforcing what you’ve read. **Boost Your Understanding**: Check your grasp of key topics and focus on areas needing improvement. **Study On the Go**: Whether on your commute or during a quick break, access critical content anytime, anywhere. **Improve Exam Success**: Use the app as a quick reference to reinforce your knowledge and identify gaps.

About

FRM Practice Test

Features
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VirtuePrep FRM Practice Test is your comprehensive learning companion for mastering the Financial Risk Manager (FRM®) exam. Whether you're preparing for Part I or Part II, this app helps you strengthen your understanding of financial risk management concepts, quantitative analysis, market risk, credit risk, and investment management — all in one place. Developed by financial education experts and powered by cloud-based updates, VirtuePrep ensures your study materials remain accurate, relevant, and aligned with the latest GARP® exam structure. Why Choose VirtuePrep for FRM Prep? ~ 800+ Realistic FRM Practice Questions: Covering all FRM exam domains — Quantitative Analysis, Financial Markets, Valuation, Risk Models, and more. ~ Cloud-Based Updates: Stay current with the latest FRM syllabus and question sets updated automatically via VirtuePrep’s secure cloud system. ~ Smart Mock Exams: Experience full-length timed exams that mirror real FRM test conditions and difficulty levels. ~ Detailed Solutions & Explanations: Strengthen your understanding with in-depth reasoning for every question. ~ Performance Analytics: Visualize your progress, identify weak areas, and measure your readiness through AI-driven analytics. ~ Personalized Study Plans: Build customized study paths that adapt to your pace and focus areas — Part I or Part II. ~ Offline Access: Download questions and review anytime, anywhere. ~ Question of the Day & Daily Practice: Keep your learning consistent with fresh, cloud-synced questions daily. About the FRM Exam: The Financial Risk Manager (FRM®) certification, issued by the Global Association of Risk Professionals (GARP®), is a globally recognized credential for professionals in finance, investment, and risk management. Passing the FRM exam demonstrates your ability to identify, analyze, and manage various forms of financial risk — a critical skill set in today’s global markets. VirtuePrep’s platform offers structured preparation tools that simulate the real exam, helping you build confidence in problem-solving, calculations, and conceptual understanding. Effective Learning Strategy™ (ELS) VirtuePrep integrates ELS, a proven learning framework based on cognitive “chunking.” By grouping related topics and formulas into manageable segments, ELS enhances memory retention, improves comprehension, and makes complex quantitative concepts easier to master. This method is ideal for FRM candidates dealing with advanced topics like value-at-risk (VaR), fixed income analysis, derivative pricing, and operational risk. Prepare smarter, faster, and with confidence using VirtuePrep FRM Practice Test — the complete solution for your Financial Risk Manager certification journey.

Screenshots

FRM Practice Test4 screens

Verdict

The call

The clearest difference is price: FRM Practice Test at Free against FRM Essentials's $3.99. FRM Practice Test also leads on device support. FRM Essentials's advantage is in-app purchases (none vs 1). On iOS requirement 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

FRM Practice Test is free to download; FRM Essentials costs $3.99 up front. FRM Practice Test sells 1 one-off in-app purchase. FRM Essentials asks for nothing beyond the download.

Scorecard3 real differences · 2 level
FRM Essentials versus FRM Practice Test: the parameters behind the verdict, then further details
ParameterFRM EssentialsFRM Practice Test
Price$3.99Free — better
Ads—No
In-app purchasesNo — betterYes
Devices—iPhone, iPad, iPod — better
Requires iOS13.013.0
Further details — not scored
Size9 MB47 MB
Age rating4+4+
Developer晔斌 范3328833 Nova Scotia Limited

In-app purchases

None

FRM Essentials

No in-app purchases

1 purchases

FRM Practice Test

One-time1
  • Lifetime Access$9.99

Questions

Is FRM Essentials free?
FRM Essentials costs $3.99, with no in-app purchases.
Is FRM Practice Test free?
FRM Practice Test is free to download, with in-app purchases available.

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