easyAML vs FreeAML
Side by side
| easyAML | FreeAML | |
|---|---|---|
| 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.