Our Engagement Ring Guide

At Diamond Exchange we aim to keep the process simple when it comes to purchasing the perfect engagement ring. Our guide demonstrates how to select your special engagement ring to be cherished for life.

We believe that a beautiful ring, a luxury experience and the perfect diamond shouldn’t cost the earth.

70,000+ Ethically sourced GIA diamonds

70,000+ Ethically sourced GIA diamonds

Handcrafted to
 perfection

Handcrafted to
perfection

Buy direct and save

Buy direct and save

1. Set Your Budget

read our budget guide

2. Choose an Engagement Ring

Select a Setting

We will help you to work out which are the best options from our wide range of ring settings. Your selection will ultimately depend on the unique personality, lifestyle and preference of your significant other. Ring types vary from halo engagement rings to solitaires or custom engagement ring designs, so it’s usually best that your partner is involved in the selection process.

2. Choose an Engagement Ring

Precious Metal Options

The most popular choices are platinum and yellow gold, however we suggest you learn more about all the various precious metal options before making your selection. At Diamond Exchange we offer platinum, white gold, yellow gold and rose gold settings for our engagement rings. Platinum is the best choice for those with metal allergies, as it is naturally hypoallergenic.

2. Choose an Engagement Ring

Find Your Finger Size

It’s not a problem if you don’t know your or your partner's ring size! There are a few simple tricks we can show you to help figure it out.

shop ring by style

solitaire

Halo

accent

trilogy

3. select a diamond

Learn About Diamond Quality

The most popular, classic choice for an engagement ring is a diamond. Learning more about the 4C’s – Cut, Colour, Clarity and Carat, will help you decide which diamond will work best for your type of ring and budget. We suggest first choosing the diamond shape you prefer and then finding a happy medium between quality and size. Selecting a smaller diamond may often get you a diamond of a higher quality, alternatively choosing a lower grade cut or colour allows you to purchase a bigger stone and more bling for your buck!

Why Diamond Exchange?

At Diamond Exchange we are diamond experts. We are an Australian, family owned and operated company. With over 120 years experience in the Australian jewellery industry, we were also its first online diamond business. We are known for our integrity and our name is built on trust. Our world class diamond rings are handcrafted by master jewellers, to the highest standards. Inspired by the most famous international brands and design houses, our collections are created to suit Australian tastes. Diamond Exchange is dedicated to helping build a more sustainable jewellery industry and a transparent, sincere customer experience. We aim to make your journey as smooth as possible, offering both online purchase and showroom consultation options. Our jewellery specialists and trained designers are experienced at guiding our clients through the entire selection process. At Diamond Exchange, we provide exceptional expertise and personalised customer service - online and instore - to ensure you select the perfect diamond to symbolise your style, values, personality and love.

about us

Melbourne Showroom

Level 4, 267 Collins St, Melbourne VIC 3000

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Sydney Showroom

Level 5, 387 George St, Sydney NSW 2000

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Ethically Sourcing Diamonds from around the globe

Melbourne Antwerp Tel Aviv New York Toronto Mumbai Hong Kong