Tesla X Trade (teamxvest.com) has been flagged by ASIC (Australia) for "Unlicensed". Addresses: 1339 South Park Ave Buffalo NY 14220 USA; Oberkasseler Str 1240545 Dusseldorf Germany This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: www.teamxvest.com.
The platform itself is okay, but the customer service at Tesla X Trade (teamxvest.com) is truly awful. I waited weeks for a response to a simple inquiry. When they did respond, it felt like a generic template that did not address my specific issue at all.
Pros: Multi-device support|Copy trading available|Helpful community forum
Cons: Search feature is basic
I opened an account with Tesla X Trade (teamxvest.com) for the past year and a half ago. The platform frequently logs you out, orders fail to execute at the stated price, and when you complain they blame your internet connection. I have screenshots proving otherwise.
Pros: Social trading features|Stable platform|Excellent charting|Competitive fees
Cons: Help articles are sometimes vague|Wait times can be long during peak hours
I joined Tesla X Trade (teamxvest.com) when my bank disappointed me and I searched for alternatives and from the start, things felt off. The signup process collected far more personal information than necessary, the verification took unreasonably long, and when I finally got access, the platform was nothing like what was advertised.
Pros: Great customer service|Market news feed
Cons: Live chat only during business hours|Withdrawal takes 1-2 business days
Tesla X Trade (teamxvest.com) has the worst mobile app I have ever used for investing. It crashes constantly, features that work on desktop are missing entirely, and the security implementation is questionable at best. How they released this app is beyond me.
Pros: API access|Low minimum deposit|Great customer service
Cons: Limited demo account features
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. Tesla X Trade (teamxvest.com) said it was market conditions. Same news, another broker filled me properly. They are not honest.
Pros: No hidden fees|Reliable uptime|Two-factor authentication|Multi-device support
Cons: Wish they had more educational resources
Do not use Tesla X Trade (teamxvest.com) for anything serious. I used them for a couple of months now 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: Copy trading available|Fast execution|Instant funding
Cons: Limited ETF selection|No dark mode on mobile
I trusted Tesla X Trade (teamxvest.com) with a significant portion of my savings and I deeply regret that decision. Not because of market losses, but because of how poorly the platform performed and how dismissively the support team treated my concerns.
Pros: Risk management tools|Personal attention|Intuitive for beginners
Cons: Website design could be more modern