Best CFA® Level 1 Mock Exams for 2025-2026 | Which Practice Tests Are Worth It?

Still wondering which CFA® Level 1 mock test is worth your time? We’ve compared the top options to help you find the perfect balance of realism, feedback, and learning support.
CFA candidates taking UWorld’s mock tests

Why Are CFA Level 1 Mock Exams Important for Scoring Higher?

When your time is limited and the stakes are high, the best CFA® Level 1 mock test becomes your most effective prep tool. It mirrors the real exam and sharpens your focus on areas that need improvement. Here’s why practicing with the best CFA Level 1 mock exams should be a core part of your preparation strategy:

  1. Simulates Real Exam Conditions: The CFA Level 1 practice exam replicates the pressure, timing, and format of the actual test. Practicing under similar conditions trains your brain and reduces anxiety, so you're not caught off guard when it matters most.
  2. Reveals Strengths and Weaknesses: Taking a CFA Level 1 practice exam helps you pinpoint which topics you're strong in and where you need improvement. This allows you to refocus your study plan efficiently, especially when your study time is limited.
  3. Builds Exam Stamina and Strategy: The CFA exam is long and demanding. Regularly taking full-length CFA Level 1 mock tests builds your mental endurance and helps you experiment with time management strategies, helping you avoid burnout midway through the actual exam.
  4. Boosts Confidence with Familiarity: With repeated exposure to exam-style questions and language, CFA Level 1 mocks help you become more comfortable and confident. Knowing what to expect reduces test-day stress and improves overall performance.

UWorld CFA Level 1 Mock Exams vs Kaplan Schweser, AnalystPrep, and CFA Institute

When doing a CFA Level 1 mocks comparison, it's clear that each provider brings something different to the table. UWorld stands out for its detailed explanations, custom quiz builder, and in-depth performance tracking. Kaplan Schweser offers volume but may lack interactive learning tools. AnalystPrep provides decent analytics but a more basic user interface. Meanwhile, CFA Institute’s mock test is closest to the real exam in style but limited to just one full-length test with minimal feedback.

CFA Level 1 Mock Exams Features Comparison Table

Feature UWorld Kaplan Schweser CFA Institute AnalystPrep
Mock Exam Questions ~3,000+ ~2,600+ ~2,000+ ~3,000+
In-Depth Explanations Visual & step-by-step Text-heavy No answer explanations Basic explanations
Flashcards/Spaced Repetition Yes Manual No No
Notes Tool (MyNotebook) Yes No No No
Performance Analytics Dynamic performance tracker with analytics and score predictions Limited performance tracking Some analytics tools Not available

Key Reasons to Pick UWorld:

If you're aiming to pass the CFA Level 1 exam on your first attempt, especially while managing a busy work schedule, UWorld offers a smarter, more focused path to success. Here's what sets it apart from other providers claiming to offer the best CFA Level 1 mock tests:

  1. Real Exam Experience, No Surprises: UWorld’s mock exams replicate the actual CFA Level 1 testing interface, timed sections, navigation tools, and realistic breaks. This means no surprises on exam day, just confidence and clarity.
  2. Learn While You Practice: Every question is a mini lesson. UWorld’s answer explanations go beyond right or wrong. They use visuals, formulas, and step-by-step logic to break down tough and complex topics.
  3. Smarter Insights, Sharper Focus: Forget generic score reports. UWorld delivers advanced analytics with topic-wise performance, time management tracking, and historical trends. You’ll know exactly where to focus and how you’re progressing.
  4. Built-In Study Tools for Deeper Review: Your post-mock analysis is easier and more effective with:
    1. MyNotebook: Save and organize key learnings
    2. Spaced-Repetition Flashcards: Boost long-term retention
    3. Flag & Review: Revisit tricky questions with purpose
  5. Flexibility That Works Around You: Whether you're commuting or taking a break at work, UWorld’s mobile-first platform lets you practice or review from anywhere. It’s CFA prep designed for the professional lifestyle.
  6. Realistic + Challenging:UWorld’s CFA Level 1 mock exams are slightly tougher than the real thing. This builds your test-day endurance and ensures you're ready for anything the actual exam throws at you.

Bottom line? UWorld combines content mastery with strategy, making it one of the best CFA Level 1 mock test platforms available for serious candidates.

How the UWorld Platform & Interface Prepare You Like No Other

UWorld's CFA platform prioritizes deep understanding over mere testing. Here's how it enhances your learning experience:

  • Real Exam Feel: Switch between timed mock exams for real exam pressure and untimed practice sessions for a low-stress, learning-first approach.
  • Flexible Learning: Bookmark tricky questions, take notes instantly, and build a custom review trail that’s tailored to how you learn. UWorld adapts to your workflow, not the other way around.
  • Contextual Explanations: UWorld’s contextual explanations surface exactly when you need them. Real-time concept links help you understand why an answer is right (or wrong), reinforcing retention as you go.
  • Study On-the-Go: UWorld lets you review flashcards, take quizzes, or revisit mock tests anytime, anywhere and sync your progress across devices.

The ultimate goal is to equip you with a profound grasp of CFA concepts, empowering you to confidently apply them throughout your career.

Why Peter Olinto Recommends UWorld

Peter Olinto (CFA, JD, and inactive CPA) is one of UWorld’s top instructors, known for his ability to make complex concepts click. His teaching blends clear, concise instruction with real-world exam insight to deliver maximum impact in minimal time:

  • Bite-Sized Clarity: 5–15 minute videos focused on specific LOS for efficient learning.
  • In-Context Learning: Integrated with the mock exam interface for real-time application.
  • Built for Busy Schedules: Perfect for quick, effective review anytime, anywhere.

Olinto’s approach isn't just informative. It’s built for retention, efficiency, and results.

UWorld CFA Platform Walkthrough

Take a quick video tour and see UWorld in action. Explore its sleek interface, smart question delivery, and powerful built-in learning tools that make CFA prep smarter and faster.

Pros & Cons: Evaluating Other Options

Choosing the best CFA Level 1 mock exams means weighing your options. Below is a snapshot of what Kaplan Schweser, AnalystPrep, and CFA Institute bring to the table and where they fall short.

Kaplan Schweser

Pros Cons
  • High Volume of Practice: Multiple full-length mock exams with hundreds of questions.
  • Structured Learning Path: Mocks are aligned with Schweser’s core study packages.
  • Reputation & Trust: Long-standing name with a strong track record in CFA prep.
  • Basic Explanations: Limited depth in answer rationales, which may not aid conceptual clarity.
  • Less Interactivity: Interface and tools feel outdated compared to more modern platforms.

AnalystPrep

Pros Cons
  • Budget-Friendly: More affordable than most major providers.
  • Decent Analytics: Offers performance tracking and question-level metrics.
  • Custom Quiz Builder: Allows targeted practice by topic or difficulty.
  • Simplistic Interface: Lacks the polished, exam-like feel of competitors.
  • Limited Depth: Answer explanations can be surface-level, especially on complex topics.

CFA Institute QBank

Pros Cons
  • Official Exam Style: Closest match to the actual CFA Level 1 exam format.
  • High-Quality Questions: Written by the exam body itself, ensuring accuracy and relevance.
  • Free with Registration: Included in your exam fee; no additional cost.
  • Only One Full Mock: Very limited in quantity; one mock and a few practice questions.
  • Minimal Feedback: No detailed explanations or performance analytics provided.

Final Thoughts

Mock exams aren't just a final step. They're an essential part of your study plan. The right ones help simulate real exam conditions, identify blind spots, and train your mind to think like a CFA charterholder.

Among all options, UWorld offers the best CFA Level 1 practice test experience by combining realistic exam simulation with powerful learning tools. From detailed explanations and advanced performance analytics to mobile-first flexibility and bite-sized video lessons, UWorld is designed to help you study smarter, not harder. It's the ideal choice for candidates who want depth, flexibility, and a true exam-day edge.

Start CFA Level 1 Strong - Try UWorld’s Mock Exams

Realistic simulations. Step-by-step explanations. Smart analytics. Everything you need to practice with purpose and pass CFA Level 1 with confidence.

Hear From Our Past CFA Candidates

FAQs

Some CFA Level 1 mock exams like those from UWorld are intentionally designed to be slightly more challenging than the real test. This helps build exam-day stamina, reduce overconfidence, and ensure you’re fully prepared for any surprises.

Ideally, you should take at least 4–6 full-length mock exams before test day. This gives you enough practice to build stamina, refine your time management, and identify areas of improvement, especially if you’re aiming to pass on your first try.

The CFA Institute’s official mock exam is the most accurate in terms of format and question style, as it’s created by the exam-makers themselves. However, UWorld closely mirrors this experience while offering deeper explanations, analytics, and learning tools, making it both realistic and more useful for effective prep.

A great CFA Level 1 mock exam closely mirrors the real test in format, difficulty, and timing. What sets the best apart is detailed answer explanations, performance analytics, and tools that help you learn from every question, not just practice it.

Yes, most CFA Level 1 mock exams include basic performance reports showing your score and section-wise breakdown. However, platforms like UWorld go further, offering detailed analytics, time tracking, and progress trends to guide your study more effectively.

Yes, some providers offer free CFA Level 1 mock exams or practice questions. The CFA Institute includes one official mock with your registration, and a few third-party platforms offer limited free trials. For full-length, high-quality mocks with detailed feedback, paid options like UWorld provide far more value.

References

  1. CFA® Program Practice Pack. (n.d.). cfainstitute.org. Retrieved on June 27, 2025 from https://www.cfainstitute.org/programs/cfa-program/candidate-resources/mock-exam-and-practice-questions
  2. CFA® Level 1 Question Bank. (n.d.). finance.uworld.com. Retrieved on June 27, 2025 from https://finance.uworld.com/cfa/mock-exams/
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