FreeAML vs easyAML: Which AML Software Is Right for Your Business?

Quick Summary

Pricing Comparison

The biggest difference between FreeAML and easyAML is how they charge you.

FreeAML Pricing

• Monthly fee: $0
• Individual verification: $15
• Business verification: $35
• Entity + UBO verification: $75
• Client-pays option: $5 (instead of $15)

No signup required. No commitment. No hidden fees. You pay only when you want a compliant report.

easyAML Pricing

• Monthly subscription: $179
• Individual verification: $3-8 per check (in addition to monthly fee)
• Business verification: $8-15 per check
• Setup required: 1-3 days approval process

You pay the $179/month subscription whether you verify 1 client or 100 clients. Per-check fees are additional.

Cost Comparison Examples

Breakeven point: If you're verifying more than ~25 clients per month consistently, easyAML's subscription model becomes cheaper. Below that, FreeAML saves you money.

Features Comparison

Which Should You Choose?

Choose FreeAML if:

• You verify fewer than 25 clients per month
• You're a solo practitioner or small business (1-5 employees)
• You have seasonal or variable verification needs
• You want to minimize fixed costs
• You don't want to manage subscriptions
• You need to start verifying clients immediately (no signup)
• You want the fastest verification (60 seconds)

Best for: Real estate agents, boutique accounting firms, solo lawyers, jewellers, small businesses new to AML compliance.

Choose easyAML if:

• You verify 30+ clients per month consistently
• You're a mid-size firm (10+ employees)
• You need team management and user permissions
• You want bulk upload and management features
• You have a dedicated compliance team
• You prefer the established brand recognition

Best for: Mid-size accounting firms, larger law practices, real estate agencies with multiple offices, businesses already comfortable with subscription software.

Compliance: Are They Equally Compliant?

Yes. Both FreeAML and easyAML provide AUSTRAC-compliant Customer Due Diligence (CDD) reports that meet all requirements under the AML/CTF Act 2006 for Tranche 2 businesses.

Both platforms:

• Verify Australian government-issued identity documents
• Perform biometric facial matching with liveness detection
• Screen against AML watchlists (DFAT, INTERPOL, UN, OFAC)
• Verify business registration (ASIC, ABN/ACN)
• Identify beneficial owners (25%+ ownership)
• Store verification records for 7 years
• Provide downloadable PDF CDD reports

From a compliance perspective, there is no difference. AUSTRAC doesn't care whether you use FreeAML, easyAML, or any other compliant provider — they only care that you complete proper verification and keep appropriate records.

Real-World Scenarios

Scenario 1: Solo Real Estate Agent

Scenario 2: Mid-Size Accounting Firm

Frequently Asked Questions

Final Verdict

For most Australian small businesses affected by Tranche 2, FreeAML is the better choice. The pay-per-use model aligns with the sporadic, transaction-based nature of most compliance needs.

Real estate agents, solo accountants, boutique law practices, and jewellers will save hundreds to thousands of dollars per year with FreeAML while getting faster verification and zero commitment.

easyAML makes sense for larger firms (30+ verifications/month) that need team collaboration features, bulk management, and can justify the fixed monthly cost.

The good news? You don't have to choose exclusively. Because FreeAML has no signup or subscription, you can use both: easyAML for your regular workflow and FreeAML for overflow, seasonal spikes, or when you just need a quick verification without logging into a system.