Short answer: It can be used, but treat it with caution.

Summary of facts (as of Sept 17, 2025)

• Univest is primarily a financial-technology platform that provides trading/research signals and lets users link Demat/broker accounts; it says it works with SEBI‑registered intermediaries. (Univest.in).
• Univest Stock Broking Pvt Ltd is listed on Univest’s site with SEBI/Exchange membership details (they present SEBI registration and NSE/BSE/MCX membership IDs). That indicates there is a registered broker entity linked to the platform. Verify the exact registration numbers on SEBI’s registry yourself. (Univest.in).
• Independent reviews and user reports are mixed: some media pieces profile Univest positively (growth, AI features), while multiple user posts and independent blog tests report delayed alerts, discrepancies between shown P&L and real execution, and complaints about trade quality and transparency. These raise red flags for short‑term / F&O trading users. (YourStory.com).

What that means for safety

• Platform/broker regulation: If you trade through a SEBI‑registered broker (either Univest’s broker or a third‑party broker you link via Univest), your funds and holdings are subject to the usual Indian market protections (client accounts, depository rules, exchange settlement). Still verify the broker’s SEBI registration and exchange membership before transferring funds. (Univest.in).
• Signal/advisory risk: If you follow Univest’s trade calls or automated ideas, you face execution risk (slippage, delayed alerts) and model/performance risk (past performance claims may not reflect real executed results). Several user complaints allege delayed notifications and inflated performance reporting; treat their accuracy claims skeptically. (Reddit.com).

Practical checklist before using Univest (or any signal platform)

1. Confirm the broker you’ll execute through is SEBI‑registered (search SEBI’s intermediary/stock broker registry and the exchange member lists) and verify the exact registration numbers shown on Univest. (Univest.in).
2. Start small: use a small allocation or paper‑trade for several weeks to compare their reported calls versus your actual fills and P&L.
3. Check notification latency: test alerts on live market moves to see if notifications arrive fast enough for the strategy you’ll use (especially critical for intraday/F&O). Several users report 1–2 minute delays that materially affect short‑term trades. (Reddit.com).
4. Inspect reporting details: verify how they calculate "accuracy" and P&L (do they include real brokerage, slippage, rollover/transaction costs?). Independent tests found discrepancies. (AlgoTest.in).
5. Read recent independent reviews and user threads (Reddit, blogs) dated within the last 6–12 months to spot trends in complaints or improvements. (Reddit.com).
6. Know refund/complaint processes and keep screenshots/records of calls you followed if you need to raise a dispute. Use exchange/SEBI complaint channels if needed.

Bottom line

• Univest appears to be a legitimate fintech/platform with a broker arrangement and SEBI‑linked entities, but there are consistent user complaints about delayed alerts, reporting transparency, and trade outcomes — problems that make it risky to blindly follow short‑term trading calls. If you use it, verify the broker registration, test with small amounts, and don’t treat signal claims as guaranteed. (Univest.in).

If you want, I can:

• look up the current SEBI registration status for the exact broker entity (I can fetch SEBI registry links and confirm numbers), or
• pull the most recent user reviews from the last 3 months so you can see current sentiment. Which would you prefer?