Digital Formula Review – SHOCKING SCAM Signs You Must See!

Welcome to my Digital Formula review.

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.

Those things are easy to believe, right? Especially if you are a newbie. I mean, earning $2,254 per day would change your life dramatically. But you simply can’t believe this is the truth and you need to know if it’s a scam, am I right?

Within this Digital Formula review, I’ll show you what it is about. Also, I’ll explain how the whole thing works. I’ll show you some warning signs and give my take on whether it is a scam or a legit way to make thousands per day.

Digital Formula Review - Scam


Digital Formula Review – Overview – Overview

  • Product Type: Digital Trading
  • Owner: Neil Carter (fake name)
  • Price: $17 + Upsells
  • Money-Back Guarantee: 30 days
  • Recommended?: NO!

Quick Summary: I found Digital Formula a few days ago on the ClickBank network. The promotional video is explaining how it is a crypto-system that could dramatically change your life around in just a few moments of activating the software.

Neil Carter told you that all you need to do to start changing your life is to sign up, follow a few simple instructions and you’re ready to earn up to $2,254 daily.

However, you’re smarter than that. So what’s the real deal? Is this Digital Formula a scam or legitimate?

First of all, Digital Formula is an unethical funnel, which is the best for the owner. You are lead to believe that you’ll make thousands within the first 24 hours using some secret loophole for bitcoin exchange and other cryptos.

Unfortunately, the sales pitch has nothing to do with reality.

Secondly, they are using fake testimonials to convince you that this is real. But in reality, you could end up losing a lot of cash on this. How much could this cost you if you follow through?

In the rest of my Digital Formula review, I’m going to your that as well as a lot of reasons why you should stay away from this offer. There are just too many scam signs that are hard to ignore.

My #1 recommendation is a 100% legitimate program that helped me to go from being a complete newbie to making $100’s per day with affiliate marketing!




What is Digital Formula?

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

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 this, the money will keep rolling in like clockwork.

During the video presentation, you can see a few customer testimonials as well. Those people are paid to say how Digital Formula has changed their life. This tactic has been used to sell many other shady products like this one. For example, I’ve reviewed similar programs like Cash Formula and Digital Payday.

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 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.

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 sceptic 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.

Bur since there is no proof that Neil Carter is a real person, I don’t trust a single word from this guy. You see, Neil Carter is a fake name. He doesn’t exist. If he were a real person, you would not have any problems to find him on the internet in just a few clicks.

How Does Digital Formula Work?

So far, Neil Carter tried to convince us that his automated trading system works flawlessly. Moreover, people that appear during the video presentation claim 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.

However, the truth is that the software behind is no better than a free trading software that you can find all over the net. Neil Carter throws in a bunch of outdated information together with software to justify the price. I went into further research to discover what happens if you decide to buy Digital Formula, and what I found was shocking.

If 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.

Digital Formula Scam Software

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.

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 scam will make money on commission.

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

Neil Carter claims that this system is worth $1,997. However, he’s willing to give it to you for only $17. What a generous guy, don’t you agree?

However, 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.

And all you’re going to get with Digital Formula is a set of instructions on how to trade cryptos. There’s nothing revolutionary about this product…

Luckily, There’s a Refund!

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 Scam Signs

Now, the reasons why I advise you to ask for a refund are listed below. In my opinion, Digital Formula is not a trusted product and it is best for Neil Carter, or whoever he or she is.

  • Fake Student Testimonials
  • Unrealistic Income Claims
  • Fake Owner
  • False Scarcity
  • There is No Revolutionary System

1.) Fake Student Testimonials

The scam sign that appeared over this product is too many times seen fake student testimonials. The people who have created Digital Formula scam have hired actors from the site called Fiverr.

Digital Formula Fake Testimonials

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.

2.) 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.

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.

3.) Fake Owner

Another scam sign that stands above Digital Formula is probably the fake owner. As I’ve mentioned for a few times so far in this review, Neil Carter doesn’t exist.

Digital Formula Neil Carter

I did some researching on Google before writing this review. 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.

4.) False Scarcity

To make you buy Digital Formula, the spokesperson tries to convince you that 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.

5.) There is No Revolutionary System

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? 

The answer depends on how you look at the scam. In my opinion, it could be both ways. Because the creator is using fake testimonials and misleading claims, Digital Formula is a scam. On the other hand, because he gives you something in return, it’s legitimate.

Either way, this offer has too many warning signs, and I do not recommend having anything to do with it. At first glance, I thought that it might be something different. However, it’s not. In my opinion, it’s an unethical program and not worth risking your hard-earned cash. One could say it’s a scam even.

The fact is that the Bitcoin mania is getting mainstream. The people who profit the most out of 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 fall on a scam or end up with empty pockets.


Thanks for reading my Digital Formula review. I hope I have helped you to learn more about what it is and how does it work and answer your question, whether it is a scam or legit. If you have any questions about the program or maybe you can offer an experience, feel free to leave them in the comment box below.

Whatever you choose to think about this offer, my best advice is to avoid this one and discover something legitimate that actually works.

Click the button below to learn more…




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

And don’t forget to share this review with your friends and family!

All the best, Ivan. Founder, and CEO

10 thoughts on “Digital Formula Review – SHOCKING SCAM Signs You Must See!”

  1. Hi Ivan. Thank you for a warning. I haven’t heard before about digital formula platform but looking on your post its obviously a scum. To be fair any site which is promising hundreds (thousands?) dollars a day have to be scum not worth any time. But your article is very important for all beginners, because it clearly show mechanism of fraud. Unfortunately there are tons of such sites in net, and we have to be very careful every day, especially with “great opportunities” like this.

    • Hi Cogito, thanks for your comment on my review of Digital Formula. Yeah, this offer sounds and is too good to be true. As you can see, nothing is good about it and it’s a scam, in my opinion. Glad to see you doing the research first!


  2. Hello Evan and i thank you from my heart that you have saved many from falling prey to this scam your content about it was deep and well explained you attacked the neil carter in personal and his professional network which was just awesome.
    From your article i came to conclusion that there is no shortcut for earning money online all you have to do is smart and hard work
    Thank you

    • Hi Muddassar, thanks for leaving your comment here 🙂 much appreciated! Yes, there are no shortcuts. Only hard work matters. Everyone who claims differently is up to no good. I’m happy if this review has helped you to learn more about Digital Formula. If you have any questions, feel free to ask.


  3. 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.

  4. 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.

  5. 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.


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