Digital Formula Review – Legit Way to Trade Online or SCAM?

Has Niel Carter got you excited about his Digital Formula? If you wonder if it is possible to make $2,243 in just 24 hours like Niel suggest, please, read this Digital Formula Review to get your answers. I think this might be a massive scam designed to take you away from your hard-earned money. Stick around to find out the truth!

Niel Carter claims that his Digital Formula is a completely risk-free investment. He also goes on and tells how you can make thousands of dollars every day like clockwork by trading Bitcoin and other cryptocurrencies if you agree to buy his system.

Yea right.

I say, hold your panties and your wallets because he’s probably telling you a bunch misleading information with a purpose to rip you off. I highly doubt that it’s easy as it sounds.

We are going to learn more about the secret system designed by Neil Carter. Moreover, we are going to find out if he exists at all or he’s just a made-up character. On top of it all, we are going to decide if Digital Formula is a scam or legit way to trade cryptocurrencies.

Official Website:

Digital Formula Scam Review

You see, the internet is full of crapy products designed to trick people into buying some miraculous software or system that makes millions overnight. Usually, those systems are bull crap. We tend to call products like those a scams.

Somehow I have a hunch that Digital Formula fits the description. It just sounds too good to be the truth.

What do you say? Is it a scam?

Before we dive into this review, I want to share a piece of advice and offer you something much better.

You want to make money online. You got interested in cryptos.

However, I think the crypto bubble is slowly bursting. In my opinion, and by the view of many other reasonable people, trading cryptocurrencies is not a safe way to make money online.

It’s more like gambling.

You can lose a lot if you don’t know what you’re doing.

People like Niel Carter will then jump in with a Digital Formula to save the day. But the truth is, you can lose even more by trusting them.

If you want to learn how to make money online with methods that are evergreen and will never fade away, I invite you to click the link below. 

We can show you how to start making money online by investing your time and effort mostly. Yes, there will be a small monthly fee if you decide to work with us, but it’s nothing big. Before you choose to do so, we will give you access to our system for FREE, no charges whatsoever! You can have a sort of a test drive before you decide to join.

We are a wholly transparent and well-known institution that helps thousands to make money online every day.

Are you interested in making real money online?


What is Digital Formula?

If we are to trust Neil Carter, Digital formula is a system for trading cryptocurrencies on fully automated principle. He has designed the system after he spent a great deal of time and money analyzing how cryptocurrencies work. Apparently, he has discovered some loophole that allows you to make money of cryptos in just a few clicks.

Once again, yea right!

Mr. Crater starts the video presentation by using a lot of excitement. You can see some famous faces like Richard Branson and Bill Gates telling how Bitcoin is the future of the investment market. That might not be far away from the truth. However, those guys are billionaires. Teams of experts handle Their trading, certainly not by scammy software like Digital Formula.

Just remember that.

Then, he takes over the stage and tells you that you have been carefully selected to view this exclusive video.

It makes me wonder, why are you so special and how the hell they decided that you are worthy of watching this video?

You are going to be one of the few lucky people who will have a chance to earn up to $2,254 in the next 24 hours. Moreover, if you buy Digital Formula, the money will keep rolling in like clockwork.

Digital Formula Review

My suggestion to you is.

Don’t trust him nor anyone who’s trying to sell you an empty dream like they do with Digital Formula. If you hear promised like this one, find my website and search for the review. If you can’t find it, contact me with details. I’ll dig into it to find out the truth for you.

During the video presentation, you can see a few customer testimonials as well. Those people have been most likely paid to say how Digital Formula has changed their life. This tactic has been used to sell many other shady products like this one.

On top of it all, Neil Carter claims that you don’t have to know anything about cryptocurrencies or have any previous tech knowledge to make his system work for you.

He tells you that this is a 100% sure thing.

He says that it is not your typical garbage that many scammers are trying to sell you day in day out. Somehow I have a feeling that Digital Formula is what he claims that it is not.

Who is Niel Carter?

Neil Carter says that he’s the guy who knows how to make money online. He goes on and brags about the knowledge he has gathered about Bitcoin comparing the situation with the one that the internet has created in the past.

I have to say that I actually agree with some of his points on Bitcoin.

However, he’s using that information to make you believe that his Digital Formula is a solution for trading cryptocurrencies, which is not! I’ll prove this later on during this review. Let’s stick to the topic here.

Before he has discovered his revolutionary system for trading cryptocurrencies, Neil Carter was working as a software developer for some big company. Like every other self-respected geek, he spent his time reading about new tech trends and other stuff like that. Neil goes on and says that at first, he was a skeptic when it comes to Bitcoin. But then, as he convinced himself that it is a real deal, he bought a wallet and loaded it up with Bitcoins which in the end brought him massive financial success.

Neil Carter?

As per usual, possible scams like Digital Formula have a lot of drama. This one is sticking with the pattern.

At one point in the story, the life of Neil Carter suddenly went downhill. He got fired from his job. His wife was treating with divorce. King Kong was terrorizing the city of New York again.

Ok, the last one is made up just as the story and life of Neil Carter are as well.

He finishes the story with the discovery of a simple easy-to-follow system which helps other people to make the same money as he did without any previous knowledge and with zero risks. The revolutionary system is known as Digital Formula.

Keep in mind that possible scams like this one often use made up characters. The real owner of the system is probably hiding behind the name of Neil Carter.

Who is Digital Formula for? 

Usually, when I stumble upon possible scams like Digital Formula, I want to say that it is for no one.

Neil Carter claims that his system for trading cryptocurrencies is for anyone who wants to replicate his success. He mentions for a couple of times that it is for complete beginners with zero knowledge.

You see, people who have zero experience with stuff like this are desperate to make it work. Therefore, they are the perfect victims for guys like Neil Carter. I believe that he’s telling you this so that he can take advantage of you and your real money. People who have experience trading cryptocurrencies are not going to fall for Digital Formula.

If you are looking to starting to make some real money online, I have a better solution for you.

We are not dealing with unstable trades. We are not selling you fog. On the other hand, we teach thousands of people each day how to start a legit online business with zero risks. You can get two free websites to begin with as well as a legit introductory course to affiliate marketing (the best way to make money online) for FREE.

Do you want to know more about it?


The Truth Behind Digital Formula

At this point in this Digital Formula Review, we are going to do our best to slam dunk this article. By that, I mean that we will discover what’s really behind all that crap that you have heard so far.

So far, Neil Carter tried to convince us that his automated trading system works flawlessly. Moreover, people that appear during the video presentation are claiming that the system has made them thousands so far. Neil has discovered this secret loophole that will allow us to do the same for only $17.

That’s a pretty low price for a revolutionary system like Digital Formula.

Digital Formula Review

However, the truth is that the software behind is no better than a free trading software which you can find all over the net. One of the examples is eTorro, which is getting more and more popular among people because it’s free to use. Neil Carter throws in a bunch of outdated information together with software to justify the price. Once again, the same information is available all over the internet for zero dollars.

I went into further research to discover what happens if you decide to buy Digital Formula and what I found was shocking.

After (don’t!) you buy this shady software together with a half-baked training on trading cryptos, you’ll have to start trading. To do so, the owners of the software will connect you with a personal broker. He or she is going to be the person who will run the trades for you. He is going to convince you once again in the story from the beginning and ask you to invest an initial $250. If you don’t do so, you won’t be able to use the system.

According to my research, many people believed the story. They decided to follow the instructions in the hope they’ll start making money as promised.

The whole point of the system behind Digital Formula is to keep losing trades so that they can ask the victims for another deposit. As long as the person keeps on following the instructions, the man behind the name of Neil Carter will make money on commission.

Unfortunately, they will keep on doing this until the person decides to quit.

As you can see, there is no revolutionary system which will help you to make up to $2,254 in the next 24 hours. There is nothing behind Digital Formula except the possible scam designed to fill the pocket of those who stand behind it.

Digital Formula Price

Neil Carter claims that this system is worth $1,997. However, he’s willing to give it to you for only $17.

This statement is as ridiculous as the whole system itself. Moreover, as you were able to see, there will be some extra costs in terms of the initial investment. They will ask for $250 at first and then for more if you keep on investing.

If you, however, have decided to pay the $17 to get in and you wonder should you go further, my advice is to stay where you are.

Digital Formula Pros

When I started this Digital Formula Review, I thought that nothing is good about it. I saw the word scam all over the place. However, I guess that I was wrong.

There is one fantastic thing.

100% Money Back Guarantee

Digital Formula is a product that sells on ClickBank, which means that you can ask for your money back. I advise you to do so immediately!

Make sure that you don’t go through Digital Formula customer support because they might ignore you and you can lose your money. Instead, go directly to ClickBank customer support. They will do it without any hassle.

Digital Formula Cons

On the other hand, while writing this Digital Formula Review, I have stumbled upon a few red flags which tells me that it might be a scam after all.

Fake Student Testimonials

The first red flag that appeared over this product is too many times seen fake student testimonials.

The people who stand behind this possible scam have hired actors from the site called Fiverr. Many unethical people work there as freelancers. They offer the spokesperson service for as little as ten bucks.

You and I can pay them to say that the Earth is flat once again if we want.

Digital Formula Fake Testimonial

You see, if Digital Formula were a legit way to make money by trading cryptocurrencies, it would have many real faces testifying the truth. Here is not the case. That is the first sign which tells me to stay away from products like this one.

Unrealistic Income Claims

For a few times during the video, Niel Carter brags about his earnings. He shows you his account balance to make you believe that he’s the real deal.

Somehow those numbers seem fake to me.

Digital Formula Income Claims

Moreover, he goes on and tries to convince you that you can make up to $2,254 in a short period of 24 hours! That is pure nonsense. Digital Formula does the same thing as many other similar offers online. They are trying to get you in by giving you false promises like this one.

Don’t fall for it!

The only way to make money that fast is if you win the lotto.

Fake Owner

Another red flag that stands above Digital Formula is probably the fake owner. As I’ve mentioned for a few times so far, there is a big chance that Neil Carter doesn’t exist.

If we are to believe the story, this guy is some bigshot in the world of trading.

Neil Carter

To find out if Neil Carter is a scam or a real person as he claims to be, I did a Google research. As far as I was able to see the only bigshot with the name of Neil Carter is some guitarist/musician who happens to share the name with our business mogul.

If Neil Carter were a legit trading expert with a revolutionary system, he would stand in front of the camera to back up his story. Moreover, it should be easy to find him on Google search if he is what he claims to be.

This way, there is nothing else to believe except that he’s a fictional character.

False Scarcity

To make you buy Digital Formula ASAP, the spokesperson will tell you a few lies to speed up the process. That’s another red flag that’s sticking to my eye.

He tells you stuff like there is a limited number of people allowed to access his system, so you better act immediately. Or if too many people start to make money, they will have to take down the system, which is something I don’t quite get.

Furthermore, the guys will tell you that you’ll regret this chance if you don’t act now, the offer might be gone tomorrow and some other blah blah which you shouldn’t take seriously.

Fake scarcity is a powerful tactic for putting pressure on people to buy.

There is No Revolutionary System

If I had come up with Digital Formula, revolutionary system for trading cryptocurrencies on autopilot, I would not sell it for $17!

The truth is that there is nothing revolutionary behind this system. Neil Carter, or whoever stands behind it, threw a lot of icing on the cake to cover up the mess inside.

You see, the fact is that we live in a funnel mania. Digital Formula is nothing except a well-worked funnel. It is designed to take you through a few stages until you agree to invest the initial $250. To justify the action, the owner did throw in a bunch of PDF scripts on Bitcoin into the deal.


Is Digital Formula a Scam? 

After you take a look at the whole thing from the bird’s eye perspective, it can be hard to call it a scam.

One might say, how can you say that it is not a scam with all those red flags sticking out like Eiffel tower in Paris???

Yes, they use fake student testimonials to make you believe that the product is legit.

Also, the owner is hiding behind the name of Neil Carter whos story is fake as well.

Moreover, the story is full of misleading information and does not represent the real truth about this product.

And sadly, if you let them, they will make a desert in your wallet.

Would you call it a scam after all of this?

I would want to say that Digital Formula is a pure scam, but I have to keep my cool and say that this is a legit product. You see, if you buy this system for $17, you’ll get a few ten-page scripts on Bitcoin and a chance to get screwed over by some shady brokers.

Technically, Digital Formula is marketing funnel, which is an entirely legal way to make money no matter what you sell.

The quality of the product, on the other hand, is on the level of a scam.

Do I Recommend Digital Formula?

Before I finish this Digital Formula Review, I want to say that I don’t recommend this product for making money online. 

At the first moment, I thought that this product might be something different. However, it’s not. In my opinion, it’s not worth a risk.

The fact is that the Bitcoin mania is getting mainstream. The people who profit the most out of novelties like Bitcoin are the ones who act before the general population starts to jump in. Once the ‘rest of the world’ starts to do the same as early investors, the thing begins to lose its value.

I would recommend a long term investment. I believe that cryptocurrencies are not over, and they will be a real asset in the future, the asset worth of having. Day trading, on the other hand, is full of risks. If you don’t know what you do, you can end up with empty pockets.

You had a chance to read in this Digital Formula Review how some people use the opportunity to make money out of other peoples ignorance on the topic.

Once again, I do not recommend this product. It’s too shady.

What Do I Recommend Over Digital Formula?

There is a much better way to make money online than the one presented in this review.

Because many people (you as well) want to start an income online, there will be possible scams such as Digital Formula on every corner waiting to get into your wallet. Neil Carter and the gang recognize it as an opportunity to make money off your desire to do the same.

Unfortunately, rarely anyone offers the real deal.

However, I know for one exception.

I’m working with affiliate marketing training company that has been around for 15 years. They are the most real deal for making money online!

If you are interested in learning more about affiliate marketing, I can show you how to do so.

With affiliate marketing, there is no gamble. It is the surest way to make money online today.


My Wealthy Affiliate Premium Profile


Ivan Head Shoot

I wish you a successful online marketing journey!

If you need any help or you have a question, feel free to contact me!

All the best,


founder, and CEO at


  • I’ve been trading a couple years back, and i can tell you from my experience that making a living out of it is next to impossible. It does not matter what you are trading, Bitcoin, Forex or rice and beans… You need to have a stupid amount of money to make decent income, and the risk to lose money is still present. When it comes to these types of products i.e. “Investment programs”, “trading robots” and “magic indicators that predict future” they are ALL scams, not just this one. When it comes to affiliate marketing, i know that it’s hard work, and that’s about it. Still we need more articles like this one on the internet, so people won’t get scammed that easily.

    • Hi Roman, yes, that’s true! I think that trading Bitcoin and such is next to gambling. There is no such system which can help you to automate the process, nor you can make money as fast as Digital Formula system claims. Affiliate marketing, on the other hand, is a great way to make fair and square money online.

      Thanks for stopping by and leaving your comment, I’ll do my best and keep delivering.

  • Great post and excellent information Ivan. There are a lot of scams like DFR that claim you can make big-time money in a little amount of time and minimum investment. For me personally, it was stuff like this that kept me away from trying to earn money online. It wasn’t until I came across Wealthy Affiliate that I saw it could be done and it wasn’t all a scam. Unfortunately, truthful products are not always being promoted with the same vigor and enthusiasm as the scam products. Very informative and thanks for sharing this article, hopefully, it will save some people from falling victim to this scam.

  • Hi Ivan,

    $2,000+ per day Crypto trading is possible but it takes a huge amount of investment to get to that point – taking $50k to $100k based on regular daily swings of between 2% and 4%. Investing THAT much…like hell I’d leaving it down to some “magical” software. I’d be watching it like a hawk.

    • Hi Derek, I agree, stay away from this one. It’s not safe at all. Too many reads lights.



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