Rod Fergusson just confirmed no chat or lobbies for console

The game is feature locked until after launch. That means nothing but bug fixes and fine tuning is going to occur between now and the CDN commit. It means things like the target lock, force stand still, and other accessibility features will not get into the game at launch. I dislike it but I understand the “why” because I’ve been through the cycle many times with games from multiple developers.

You’ll have to wait until an undetermined point in the (hopefully near) future to get the features you’re asking for.

Perhaps you should read my open beta functionality review and closed beta functionality review. I go into what the game had, what it lacked, and what could be improved. My review was for PC specifically, though nearly all of the controller UI improvements would also apply to console as well.