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While both brokers and traders can work with the sale of securities (like stocks and bonds), the main difference between a broker vs. trader is that many types of brokers exist in various industries. On the other hand, traders primarily work in finance, making securities sales and purchases for a financial institution.A punter is a speculator who makes large bets on unlikely outcomes with the hopes of beating the odds for large payoffs. A punter will often place a trade on a whim or gut feeling, or with little to no research or due diligence. The term is mostly used in the U.K. and in Australia.
While both brokers and traders can work with the sale of securities (like stocks and bonds), the main difference between a broker vs. trader is that many types of brokers exist in various industries. On the other hand, traders primarily work in finance, making securities sales and purchases for a financial institution.
A punter is a speculator who makes large bets on unlikely outcomes with the hopes of beating the odds for large payoffs. A punter will often place a trade on a whim or gut feeling, or with little to no research or due diligence. The term is mostly used in the U.K. and in Australia.
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