TenXCapital (tenxcapital.com.au) has been flagged by ASIC (Australia) for "Unlicensed". Phones: 1300 137 051
Addresses: Level 8 33 York Street Sydney NSW 2000 This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: tenxcapital.com.au.
I lost a significant amount because TenXCapital (tenxcapital.com.au) did not execute my stop loss during a flash crash. They said the market was illiquid. Other brokers managed to execute. I have no proof they did not trade against me. Avoid.
Pros: Comprehensive tools|Responsive team|Instant funding|Good mobile app
Cons: No fractional shares
After using TenXCapital (tenxcapital.com.au) for roughly four months, I decided to move my account elsewhere. The platform was unreliable, withdrawals took an unreasonable amount of time, and I could never get a straight answer from customer service. Frustrating experience overall.
Pros: Fast deposits|Reliable uptime|Helpful community forum|Two-factor authentication
Cons: Spreads widen during volatile periods|Wish they had more educational resources
Their execution during news is terrible. I had limit orders in place. When the news hit, my orders were not filled at the limit price - they were filled much worse. TenXCapital (tenxcapital.com.au) said it was market conditions. Same news, another broker filled me properly. They are not honest.
Pros: Helpful community forum|Transparent fees|Comprehensive tools
Cons: Some tools only available on higher tiers
Do not use TenXCapital (tenxcapital.com.au) for anything serious. I used them for the past year and a half for small trades and it was okay. When I deposited a larger amount and traded more, my account was flagged, my withdrawals were delayed, and I was asked to explain my trading. They treat active traders like criminals.
Pros: Clean UI|Intuitive for beginners
Cons: Email notifications too frequent|Charting tools need more indicators
The platform at TenXCapital (tenxcapital.com.au) is riddled with bugs. Charts display incorrect data, order confirmations sometimes fail silently, and the portfolio tracker disagrees with actual positions. After for over a year of dealing with this, I have had enough.
Pros: Comprehensive tools|Segregated accounts
Cons: Limited cryptocurrency options|Spreads widen during volatile periods
TenXCapital (tenxcapital.com.au) advertises low fees but once you dig into the fine print, there are numerous charges that add up quickly. Inactivity fees, withdrawal fees, currency conversion fees - it all eats into your returns. I wish I had read the terms more carefully.
Pros: Smooth onboarding|High security standards|Low minimum deposit|Easy to use platform
Cons: Withdrawal takes 1-2 business days
The onboarding at TenXCapital (tenxcapital.com.au) was smooth which makes the subsequent experience even more frustrating. Once they have your money, the quality of service drops dramatically. Getting anyone to help you with an actual problem is nearly impossible.
Pros: Automated trading options|Great customer service|Real-time alerts|Professional team
Cons: No fractional shares
My withdrawal request from TenXCapital (tenxcapital.com.au) has been pending for over two weeks now. Every time I contact support, I get the same copy-paste response about processing times. This is unacceptable for a financial platform in this day and age.
Pros: Competitive fees|Regular platform improvements|Easy withdrawals
Cons: Account statements could be more detailed