FreeAML vs TrustSoft: published prices for Australian firms

This summary uses each vendor's published information as of October 2026.

What TrustSoft publishes

On TrustSoft pricing, AML/CTF Pro is $1,320 ex GST, AML/CTF High is $1,650 ex GST, and AML/CTF Ultimate is $2,640 ex GST. The Pro card lists firm profile and user access, risk assessments, AML/CTF policy and program review, customer due diligence settings, sanctions, PEP and adverse-media settings, and AUSTRAC reporting templates. An individual ID check is $6.60 ex GST and includes DVS, bureau, biometrics, PEP, and sanctions checks. Packs, which renew or expire with the annual plan, are 10 checks for $66 ex GST, 50 for $300 ex GST, and 100 for $550 ex GST. An online company beneficial-ownership check is $45 ex GST per entity. A 5-user add-on is $600 ex GST. Quickstart onboarding is $300 ex GST. The sector map is /tranche-2.

Year one at 10 checks a month

FreeAML's published about note states $1,986 ex GST in year one for 120 ID checks, and describes that total as Pro plus packs plus $300 onboarding. Ten individual checks a month is 120 checks in a year. TrustSoft's pricing page publishes the inputs named in that description. It does not itself print $1,986. Use $1,986 as FreeAML's existing illustration, and ask TrustSoft which pack mix applies and whether the $300 Quickstart fee applies to an AML/CTF subscription on its own.

How FreeAML works on the same volume

FreeAML has no annual AML plan. The client pays $20 for KYC or $40 for KYB. When the client pays, the firm's cost for that check can be $0, including across a year of 120 individual checks. The firm can add an optional service charge. Program, risk assessment, and staff training tools are included with no subscription. If the firm pays every individual check itself, 10 checks a month is 120 times $20, which is $2,400, GST inclusive as listed on FreeAML pricing. TrustSoft prints ex GST and sells packs, so read both tax lines before you model a year.

TrustSoft also sells trust-accounting plans on the same pricing page, from $99 a month ex GST. Those are trust-accounting products, separate from the AML/CTF card. A firm that needs statutory trust accounting is looking at that product as well as customer due diligence. Tranche 2 obligations remain with the firm either way.

Where to read next

The wider table is AML software comparison and best AML software in Australia. A subscription card with a public per-check rate is easyAML pricing in Australia.

Frequently Asked Questions