Comparison

FRM Exam Practice vs CAIA Alternative Prep

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

Head to head
About

FRM Exam Practice

Features
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Prepare with confidence using FRM Exam Practice, your all-in-one study tool for mastering the Financial Risk Manager (FRM) certification. Whether you're tackling Part I or Part II, this app offers practice quizzes, full-length mock exams, flashcards, and performance tracking to help you pass on your first attempt. Key Features: - Practice Quizzes โ€“ Test your knowledge with questions aligned to the latest FRM curriculum, organized by topic. - Mock Exams โ€“ Simulate real exam conditions with timed, full-length tests and detailed score reports. - Flashcards โ€“ Review key concepts like risk models, valuation, credit risk, and Basel frameworks with structured flashcard decks. - Progress Tracking โ€“ Monitor your performance with insights, analytics, and score history to target areas for improvement. - Clean, Focused UI โ€“ A simple, professional interface designed for efficient learning and exam readiness. - Disclaimer: This app is not affiliated with or endorsed by GARP (Global Association of Risk Professionals). It is an independent educational resource created to support candidates preparing for the FRM exam.

About

CAIA Alternative Prep

Features
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MASTER THE ALTERNATIVE INVESTMENT LANDSCAPE. The CAIA Alternative Prep: with AI suite is the definitive 2026 tool for earning the gold standard in alternative investment credentials. This app covers the entire spectrum of non-traditional assets, from institutional portfolio management to the technical mechanics of growth equity and digital assets. THE COMPLETE 2-IN-1 CHARTER SUITE: 1. CAIA Level I: The Foundations: Master core asset classes including Real Assets (Infrastructure & Real Estate), Private Equity, Private Debt, and Hedge Funds. 2. CAIA Level II: Strategic Application: Shift from theory to professional application. Master institutional asset allocation, risk management, methods and models, and due diligence. ADVANCED 2026 FEATURES: - New 2026 Standards: Includes the full overhaul of proprietary CAIA Ethical Principles and "Allocating to Cryptocurrencies" modules. - High-Speed Performance: Optimized for instant loading of complex financial tables and 100% offline access for traveling investment professionals.

Screenshots

FRM Exam Practice4 screens
CAIA Alternative Prep4 screens

Verdict

The call

The clearest difference is price: FRM Exam Practice at Free against CAIA Alternative Prep's $4.99. FRM Exam Practice also leads on iOS requirement (12.0 vs 15.0). CAIA Alternative Prep's advantage is ads (none vs shown). On in-app purchases and device support there is nothing between them.

Scored on Price ยท Rating ยท Positive reviews ยท Number of ratings ยท Update frequency ยท Ads ยท In-app purchases ยท Monetization ยท Best chart rank ยท Devices ยท Requires iOS

CostPrice ยท In-app purchases ยท Ads ยท Monetization

FRM Exam Practice is free to download; CAIA Alternative Prep costs $4.99 up front. Neither carries in-app purchases, so what you see is what you pay.

Scorecard3 real differences ยท 2 level
FRM Exam Practice versus CAIA Alternative Prep: the parameters behind the verdict, then further details
ParameterFRM Exam PracticeCAIA Alternative Prep
PriceFree โ€” better$4.99
AdsYesNo โ€” better
In-app purchasesNoNo
DevicesiPhone, iPodiPhone, iPad, iPod โ€” better
Requires iOS12.0 โ€” better15.0
Further details โ€” not scored
Size35 MB32 MB
Age rating4+4+
DeveloperZakaria FerzaziMonynith Sovann

In-app purchases

None

FRM Exam Practice

No in-app purchases

None

CAIA Alternative Prep

No in-app purchases

Questions

Is FRM Exam Practice free?
FRM Exam Practice is free to download, with no in-app purchases.
Is CAIA Alternative Prep free?
CAIA Alternative Prep costs $4.99, with no in-app purchases.
Do FRM Exam Practice or CAIA Alternative Prep have ads?
FRM Exam Practice shows ads; CAIA Alternative Prep does not.

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