Yes. The Effects module is included in ON1 Photo RAW. For more information on the modules and new features of the Photo RAW 2018 please see:
Please note, in the past, we have had the individual modules of our bundled package available for purchase separately. ON1 Photo RAW 2018 is the current program that includes all of the programs we have to offer.
Also, in the past, we have had a FREE version of the Effects module. We are no longer offering a FREE version of any of the modules included in the Photo RAW 2018. However, if you are an ON1 customer that has not purchased the upgrade to the new Photo RAW 2018, you may have received a free copy of ON1 Effects 10.5 from us. This is the full version of Effects 10.5 (includes all of the filters and presets in the program) and is the exact same version of the Effects module included in the Photo 10.5.