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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 Unverified
AML/CTF program & policies Yes Yes
Initial customer due diligence Yes Yes
Ongoing CDD & monitoring Yes Yes
Suspicious matter reports Unverified Unverified
Threshold transaction reports Unverified Unverified
Record keeping Yes Yes
Staff training Yes Unverified
Compliance officer & governance Partial Partial
Independent evaluation Unverified Unverified

What actually separates them

  • Cost model: FreeAML is pure pay-per-use ($15 KYC/$35 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 has none — the obligation must be covered elsewhere.
  • Breadth: easyAML spans risk assessment, program, CDD, records, training and support; FreeAML documents program, CDD, monitoring and records, with reporting rows Unverified.
  • 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 $75 on FreeAML (or $0 with client-pays) versus $279 on easyAML's Starter tier ($179 +GST plus five $20 checks). Both sets of figures are verified against the vendors' own pages, July 2026. The comparison flips only when you price what easyAML bundles that FreeAML lacks — training, support, integrations — as things you'd otherwise buy separately.

What's the catch with FreeAML?

Three things, per our full review: no staff training module (a standing AML/CTF obligation you must cover elsewhere), Unverified reporting coverage on its public pages, and a thinner public company footprint than the subscription incumbents. 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.