Comparison

FRM Practice Test vs FRM Practice Test & Mock Exam

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

Head to head
About

FRM Practice Test

Features
Read full description

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.

About

FRM Practice Test & Mock Exam

Prepare for the Financial Risk Manager (FRM) certification with a comprehensive mobile study tool. It offers over 800 exam-style questions, realistic mock exams, and detailed explanations to help you master risk management concepts for both Part I and Part II.

Highlights
  • 800+ exam-style practice questions
  • Realistic mock exams
  • In-depth explanations for every question
  • AI-powered performance analytics
  • Personalized study plans
  • Offline study mode
  • Daily question challenge
Features
Read full description

Master the Financial Risk Manager (FRM®) exam with confidence. FRM Practice Test is the ultimate mobile study companion for candidates preparing for the Financial Risk Manager certification issued by GARP®. Whether you're tackling Part I fundamentals or advancing to Part II, this app delivers everything you need to build expertise across quantitative analysis, market risk, credit risk, operational risk, and investment management — right from your iPhone or iPad. Designed by finance professionals and risk management educators, FRM Practice Test combines rigorous content with intelligent learning technology to help you study smarter, not harder. WHY CHOOSE FRM PRACTICE TEST? 800+ Exam-Style Practice Questions Comprehensive coverage of every FRM domain — Foundations of Risk Management, Quantitative Analysis, Financial Markets & Products, Valuation & Risk Models, Market Risk, Credit Risk, Operational Risk, Liquidity Risk, and Investment Management. Realistic Mock Exams Experience full-length, timed practice exams that closely simulate the actual FRM testing environment, difficulty level, and question distribution. In-Depth Explanations Every question includes a detailed solution with step-by-step reasoning, formulas, and conceptual insights — so you understand the "why" behind every answer. Smart Performance Analytics Track your progress with AI-powered dashboards that highlight strengths, pinpoint weaknesses, and measure exam readiness in real time. Personalized Study Plans Get adaptive study paths tailored to your pace, goals, and target exam date — whether you're preparing for FRM Part I or Part II. Cloud-Synced Question Bank Stay aligned with the latest GARP® curriculum. Our cloud updates deliver fresh questions and syllabus revisions automatically — no manual downloads needed. Offline Study Mode Download question sets and review anytime, anywhere — on your commute, during travel, or wherever learning takes you. No internet required. Daily Question Challenge Build consistency with a fresh "Question of the Day" feature that keeps your skills sharp and your momentum strong. Focused Topic Practice Drill deep into specific chapters — Value-at-Risk (VaR), derivatives pricing, fixed income, Basel frameworks, stress testing, and more. SMART LEARNING METHOD Our app uses a chunk-based learning framework grounded in cognitive science. By breaking complex topics into bite-sized, structured segments, you'll retain formulas faster, understand concepts deeper, and approach advanced quantitative material with clarity. It's the ideal method for handling demanding areas like VaR modeling, option pricing, portfolio risk, and operational loss distributions. WHO SHOULD USE THIS APP? FRM Part I and Part II candidates Finance and risk management professionals MBA and finance graduate students Banking, investment, and treasury analysts CFA charterholders expanding into risk management Anyone pursuing a career in financial risk Start your journey toward FRM certification today. Download FRM Practice Test and take your exam preparation to the next level.

Screenshots

FRM Practice Test4 screens
FRM Practice Test & Mock Exam4 screens

Verdict

The call

The clearest difference is iOS requirement: FRM Practice Test at 13.0 against FRM Practice Test & Mock Exam's 16.6. On price, ads, in-app purchases 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. FRM Practice Test sells 1 one-off in-app purchase and FRM Practice Test & Mock Exam sells 1 one-off in-app purchase. Whichever you choose, the download price is not the number that matters.

Scorecard1 real difference · 8 level
FRM Practice Test versus FRM Practice Test & Mock Exam: the parameters behind the verdict, then further details
ParameterFRM Practice TestFRM Practice Test & Mock Exam
PriceFreeFree
Rating—5.0 (1 ratings) — better
Number of ratings—1 — better
Update frequency—Every 4 months
AdsNoNo
In-app purchasesYesYes
Monetization—Free
DevicesiPhone, iPad, iPod — betteriPhone, iPad
Requires iOS13.0 — better16.6
Further details — not scored
Size47 MB21 MB
Age rating4+4+
DeveloperNova Scotia LimitediAPPSSTUDIO

In-app purchases

1 purchases

FRM Practice Test

One-time1
  • Lifetime Access$9.99
1 purchases

FRM Practice Test & Mock Exam

One-time1
  • Get Lifetime Access$7.99

Questions

Is FRM Practice Test free?
FRM Practice Test is free to download, with in-app purchases available.
Is FRM Practice Test & Mock Exam free?
FRM Practice Test & Mock Exam is free to download, with in-app purchases available.
Do FRM Practice Test or FRM Practice Test & Mock Exam have ads?
Neither FRM Practice Test nor FRM Practice Test & Mock Exam shows ads.

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