For those new to the sector, it can be quite common to confuse the roles of Stockbroker or Equity Dealer and Trader, although they are vastly different roles.
A brokering role tends to be more sales focused, where you are expected to sell your services/investments to potential or existing customers.
Traders can be self-employed, and technically do not need to be regulated or approved if working for themselves. Many people make a successful living simply trading their own capital via a range of investments. This band of people include those involved in ‘Day-Trading‘ which can be can be a stressful and speedy route to extreme wealth or poverty, but which does have a number of similar attributes to professional gambling.
As an employed trader, you will buy and sell financial instruments traded in the financial markets to make profits for your employer, and ultimately personal commission and bonuses.