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Independent · Australian owned · No pay-for-ranking Est. 2026 · Updated weekly
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easyAML vs FreeAML

Side by side

easyAMLFreeAML
Pricing From A$179 · subscription + per-check pay-per-use
Sectors Real estate, Conveyancers, Legal practitioners, Accountants Real estate, Legal practitioners, Accountants, Conveyancers, Trust & company service providers
AUSTRAC enrolment Unverified Partial
ML/TF risk assessment Yes Yes
AML/CTF program & policies Yes Yes
Initial customer due diligence Yes Yes
Ongoing CDD & monitoring Yes Yes
Suspicious matter reports Unverified Yes
Threshold transaction reports Unverified Yes
Record keeping Yes Yes
Staff training Yes Yes
Compliance officer & governance Partial Yes
Independent evaluation Unverified Unverified

What actually separates them

  • Cost model: FreeAML is pure pay-per-use ($20 KYC/$40 KYB, $0 fixed, no signup); easyAML is subscription-plus-checks from $179/mo +GST on a 12-month term.
  • Client-pays: FreeAML can shift the check fee to your client (or mark it up); easyAML bills the firm.
  • Training: easyAML includes staff training (free even before purchase); FreeAML added four short modules with certificates and a free Academy in late 2026.
  • Breadth: easyAML spans risk assessment, program, CDD, records, training and support; FreeAML now documents program, risk assessment, CDD, monitoring, SMR/TTR preparation, records, training and compliance-officer governance, with enrolment partial.
  • Commitment: FreeAML has no contract at all; easyAML runs a 12-month subscription term per its own FAQ.
  • Track record: easyAML runs on Scantek's ISO 27001 Australian-hosted platform; FreeAML's public company detail is comparatively thin — and its aggressive comparison marketing should be verified independently.

Common questions

Is FreeAML really cheaper than easyAML?

At low volume, decisively: five KYC checks a month costs $100 on FreeAML (or $0 with client-pays) versus $279 on easyAML's Starter tier ($179 +GST plus five $20 checks). Figures are from the vendors' own pages — easyAML July 2026, FreeAML November 2026 (its checks were $15 in July). The comparison flips only when you price what easyAML bundles that FreeAML lacks — support, an established vendor, deeper integrations — as things you'd otherwise buy separately.

What's the catch with FreeAML?

Three things, per our full review: a per-check price that rose from $15/$35 to $20/$40 between July and November 2026, a short public track record (the operating trust's ABN dates from April 2026), and an enrolment row still partial on its public pages (governance moved to Yes on 7 November 2026 once its help pages documented compliance-officer roles and an audit trail). The training and reporting gaps we listed in July have since been documented. Passing fees to clients is also a commercial decision worth making deliberately, not by default.

Can a small firm start with FreeAML and switch later?

That's the pragmatic path FreeAML's no-contract model enables: start at $0 fixed cost, learn your real verification volume through the first months of Tranche 2, then re-price subscriptions like easyAML — which offers a free risk assessment and training before purchase — once you know your numbers. easyAML's 12-month term makes the reverse experiment much more expensive.