CFA Level I, II & III - All levels covered

Prepare better.
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Exam-day accurate mock tests for all three CFA levels, starting at just $9. No subscriptions, no recurring fees. The most affordable, highest-quality CFA prep available.

8,000+
Original questions*
30
Full-length mocks*
$9
Starting price
3
Levels covered
*Content across all levels, including upcoming releases
CFA Level II - Mock Exam #3 - Session 1 01:47:22
Meridian Capital - Equity Valuation
Sofia Reyes, CFA, is valuing Harbour Brands Ltd. (HBL) using the Gordon Growth Model. HBL recently paid D0 = HKD 3.20 per share. Dividends are expected to grow at 4.5% indefinitely. Reyes' required return is 9.8%.
The intrinsic value of HBL is closest to:
A
HKD 60.38
B
HKD 63.09
C
HKD 67.44
B is correct. V0 = D1 / (r-g) = (3.20 x 1.045) / (0.098 - 0.045) = 3.344 / 0.053 = HKD 63.09
10x cheaper than traditional prep
No subscriptions - pay once
Exact CFA CBT format - same interface as exam day
LOS-level analytics - know exactly where you're weak
All 3 levels - L1, L2, L3

CFA prep is broken.
You're overpaying for less.

The incumbents charge $500-$1,500 for bloated bundles with outdated UX. Here's what you're actually getting from them vs what we do instead.

Traditional prep
x $500-$1,500 mandatory all-in bundles
x Annual subscription - pay again every year
x Mock tests that don't match real CBT interface
x Clunky outdated interface
x No per-LOS analytics - you don't know what to fix
x Updates locked behind new edition purchases
LevelPrep
Buy only what you need - mocks from $9
One-time payment, no recurring fees
Pixel-accurate CFA CBT replica - same timer, same layout
Modern, fast, mobile-friendly interface
LOS-level weakness analysis after every mock
Curriculum updates included, always current

Everything you need
to be exam ready.

Hero Feature

Exam-Day Mock Tests

The most accurate CFA mock exam experience available. Built to match the real Prometric CBT interface - same timer, same vignette layout, same session structure.

  • Pixel-accurate CFA CBT interface replica - train on the exact environment you'll face
  • Server-authoritative timer - no pausing, no cheating yourself
  • Full split-screen vignette + question layout (Level II/III)
  • Session break logic, flag for review, question navigator
  • Post-exam: LOS-level breakdown, time-per-question, MPS comparison
  • 10 full-length mocks* per level + subject-specific topic mocks
Level I - Level II - Level III
Practice

Question Bank

8,000+* original questions across all three levels, filterable by subject, reading, LOS, and difficulty.

  • Every LOS covered with Easy, Medium and Hard questions
  • Full explanations - why correct is correct, why wrong is wrong
  • Vignette and standalone formats
  • Bookmark, streak tracking, per-session stats
Coming Soon

Structured Notes

Concise, LOS-aligned study notes for every reading across all levels. No filler, no textbook padding.

  • Reading-by-reading, matched exactly to current curriculum
  • Formula summaries with worked examples
  • IFRS vs US GAAP quick-reference tables (FRA)
  • Downloadable PDF per subject
Coming Soon

Flashcards

3,700+* cards with spaced repetition scheduling - study smarter, not longer.

  • FSRS algorithm - shows cards at the optimal moment before you forget
  • Per-LOS card decks, mixable across subjects
  • Formula cards, definition cards, comparison tables
  • Daily review queue based on your schedule
Coming Soon

Explainer Videos

Audio explainers for every reading - perfect for commute review.

  • 10-20 minute overview per reading
  • Generated from official curriculum materials
  • Embedded directly in reading notes
  • Included in Ultimate bundle at no extra cost

From purchase to
exam-ready in minutes.

1

Pick your bundle

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2

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3

Practice and diagnose

Work through the question bank, take topic mocks, identify your weak LOS from the analytics dashboard.

4

Simulate exam day

Take full-length mocks in exam conditions. Timer, session breaks, real vignette format. No surprises on the day.

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One full-length mock exam - exact CFA exam-day format, full scoring and LOS breakdown.

$9
per mock - one-time
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Complete
Complete Bundle
The full prep stack. Mocks, questions, notes, and flashcards.
$79
one-time
per level
Everything in Starter, plus
10 full-length mock exams
Structured notes - all readings
Flashcard deck with spaced repetition
Formula sheet - all subjects
Performance analytics dashboard
Coming Soon
Ultimate
Ultimate Bundle
Everything, plus explainer videos for every reading.
$129
one-time
per level
Everything in Complete, plus
Explainer videos - all readings
Early access to new content
Priority email support
Best deal on the platform

Everything for one level. One price.

The Starter bundle gives you 4 full mocks, 20 subject-specific mocks, and the complete question bank. Everything you need to prepare thoroughly without overpaying.

4 full-length mocks 20 subject mocks Full question bank All 10 subjects
$39
one-time - per level
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All prices in USD - Prices may vary by region

Real results from
real candidates.

★★★★★
"I was genuinely surprised at how similar it felt to the real exam. Same pressure, same format, same interface. The exam-day accuracy is unlike anything else I've tried for CFA prep."
TB
Tirth B.*
★★★★★
"I was skeptical at first so I tried the free mock. Within an hour I had bought the Starter bundle. The platform feels nothing like the clunky tools I'd used before - it actually feels like the real exam."
DC
Divit C.*
★★★★★
"The LOS-level breakdown after each mock is what sets this apart. It told me exactly which areas to go back to. I spent two weeks on the platform and felt more prepared than I ever had."
NA
Nirvan A.*
*Platform testers and early ambassadors. Quotes reflect their experience using the platform.

Questions
answered.

Our exam interface is built to replicate the real CBT experience - same timer, same session structure, same 3-option MCQ format. Vignette questions follow Level II item set conventions with 4-6 questions per case. All questions are original and LOS-aligned.
Both are releasing very soon - within the next few weeks. Level II is live now and fully available.
Yes - the Starter bundle includes 2 subject-specific mocks per subject across all 10 subjects. So you can drill any weak area, or work through all of them systematically.
The question bank covers all 10 subjects across every LOS at three difficulty levels - Easy, Medium, and Hard. Each question comes with a full explanation of why the correct answer is right and why each wrong answer is wrong.
Instant access - no waiting, no activation codes. Your question bank, mock exams, and subject mocks are all available the moment your payment is confirmed.
Absolutely. LevelPrep is designed to complement your existing study plan. Use the question bank to test your understanding after each reading, and save the full-length mocks for the final weeks before your exam.

Start with one mock.
$9. No commitment.

The most affordable way to prepare for the CFA exam.