Protection from fraudulent forex brokers

there are lot of fraudsters pretending to be broker some with very reputable names. in the past i fell prey to one that was know as Nano4x apparantly there were over a thousand peaople who went throught the same ordeal with me not only was the profit i made stolen but my capital. and just when i thought i had overcome sure problems that i have become more experienced in the forex world i am now facing the same problem With INSTAFOREX not only have they collect my profit but chop into my capital and have reject all my transfer request even after making sure i followed the right process. The question here is how are we traders protected and what laws are there that protects traders from these crooks?

You are not protected as you decided not once but twice to open an account with a broker that is not regulated in either UK, US or Australia

Thread finished.

The thing I don't understand is why you choose Instaforex. After "scammed" once, I assumed you would be more careful only ending up choosing an unregulated Russian broker. That's pretty much asking for trouble. Like they say, scam me once, shame on you, scam me twice, shame on me.