AMLTranche vs FreeAML

Data last checked 7 November 2026 · how we compare

The verdict

For property-focused firms with steady monthly volume, AMLTranche's $59/month +GST subscription is the purpose-built choice; for a sole trader or micro-firm doing a handful of checks a month and nothing else, FreeAML's zero-subscription pay-per-use model keeps fixed costs at nil. These sit at the bottom of the Tranche 2 price ladder but on opposite sides of the subscription question. AMLTranche charges $59/month +GST ($64.90 incl. GST) — the lowest verified full-platform subscription in our database — built around property transactions: auction-day delayed CDD, developer SPV reporting groups, and a program mapped explicitly to AUSTRAC's Real Estate Program Starter Kit. FreeAML charges nothing fixed at all: $20 per individual (KYC) check, $40 per entity (KYB) as at November 2026 (up from $15 and $35 in July), no signup, with a client-pays option that can push the fee onto the customer instead.

The direct cost comparison is harder to pin down than it looks, because AMLTranche doesn't publish a per-check price on top of its subscription — its own pages don't say whether checks are bundled or billed separately, so we won't guess a breakeven volume. What is clear: a firm doing three or four checks a month pays $60–160 on FreeAML (individual or entity checks) against AMLTranche's flat $59+GST regardless of volume, and AMLTranche adds property-specific workflow — auction-day CDD, SPV reporting groups, starter-kit alignment — that FreeAML doesn't document. On training the positions have diverged since July: FreeAML now publishes four short modules and a free Academy, while AMLTranche still doesn't document a training module, so budget for that obligation separately if you choose AMLTranche. Decision rule: real estate, conveyancing or development firms with steady volume and a need for auction-day process design → AMLTranche. Sole traders or very low-volume firms across real estate, legal, accounting or TCSP work who want zero fixed cost and the option to pass fees to clients → FreeAML, re-pricing against subscriptions once volume grows.

Side by side

	AMLTranche	FreeAML
Pricing	From A$59 · subscription	pay-per-use
Sectors	Real estate, Conveyancers, Accountants	Real estate, Legal practitioners, Accountants, Conveyancers, Trust & company service providers
AUSTRAC enrolment	Yes	Partial
ML/TF risk assessment	Yes	Yes
AML/CTF program & policies	Yes	Yes
Initial customer due diligence	Yes	Yes
Ongoing CDD & monitoring	Unverified	Yes
Suspicious matter reports	Yes	Yes
Threshold transaction reports	Unverified	Yes
Record keeping	Yes	Yes
Staff training	Unverified	Yes
Compliance officer & governance	Partial	Yes
Independent evaluation	Unverified	Unverified

What actually separates them

Cost model: AMLTranche is a flat subscription from $59/mo +GST ($64.90 incl. GST); FreeAML is pure pay-per-use ($20 KYC/$40 KYB as at November 2026, $0 fixed, no signup).
Per-check pricing: AMLTranche doesn't publish whether checks are bundled into the subscription or billed on top — Unverified; FreeAML's per-check price is published and fixed.
Property workflow: AMLTranche's auction-day delayed CDD and developer SPV reporting groups are documented; FreeAML has no equivalent workflow.
Client-pays: FreeAML can shift the verification fee to your client (or mark it up); AMLTranche has no documented equivalent.
Sector reach: FreeAML covers real estate, legal, accounting, conveyancing and TCSP; AMLTranche is real estate, conveyancing and accounting only.
Training and reporting: FreeAML now documents staff training (four modules plus a free Academy) and SMR/TTR preparation; AMLTranche documents suspicious matter reporting support but no training module.

Common questions

Which is cheaper, AMLTranche or FreeAML?

It depends on volume, and we can't give you an exact crossover because AMLTranche hasn't published a per-check price on top of its $59/month +GST subscription — Unverified on that point. What's certain: FreeAML costs $0 fixed and $20–40 per check (November 2026; $15–35 in July), so two or three checks a month will come in under AMLTranche's flat fee, while a firm running steady volume may prefer AMLTranche's price certainty. Headline figures are verified against the vendors' own pages — AMLTranche July 2026, FreeAML November 2026.

Does either platform handle auction-day CDD for real estate?

AMLTranche does — its workflows are built specifically around auction and exchange scenarios where verification completes on a delayed footing after contracts exchange, matching how property deals actually run. FreeAML doesn't document an equivalent workflow; it's a verification-and-program tool without property-specific process design. See our AMLTranche review for detail.

Do both platforms cover staff training?

FreeAML does, since late 2026: four short AML/CTF modules with quizzes and certificates plus a free 19-lesson Academy. AMLTranche still doesn't publicly document a training module, so with AMLTranche you'll need to solve that obligation separately. See our AML Shield review for a provider that makes training its headline strength.