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Best Brokers for 0DTE Options Trading in February 2026
The top brokers offering 0DTE options are those that provide traders with sub-second execution, real-time Gamma visibility and those that have more lenient early-liquidation policies.
Compare 0DTE Options Brokers
Interactive Brokers
Fortunly's Rating: Our editorial team determines the rating based on a set of evaluation criteria developed for each product and service category.
Interactive Brokers (IBKR) has numerous advantages for 0DTE traders, especially those prioritizing execution quality. The broker offers direct market access, granular margin controls and sophisticated order routing, with its main strength coming from fill consistency and routing logic. IBKR remains the preferred choice for traders using Portfolio Margin for high-leverage 0DTE plays.
- •Best-in-class execution and routing
- •Competitive tiered contract pricing
- •Advanced order types and risk controls
Robinhood
Fortunly's Rating: Our editorial team determines the rating based on a set of evaluation criteria developed for each product and service category.
Robinhood’s appeal is mostly cost-driven, as it has no per-contract commissions for standard ETF/Equity options, and you can also place small directional bets without fee drag. However, this is offset by more restrictive risk management policies and pre-expiration forced liquidations. The platform also has limited Greek visualization and lacks advanced order types, but it can be well suited for beginners as it is highly accessible as a platform. In 2026, Robinhood introduced specific fees for index products to match the market.
- •Zero contract commissions
- •Extremely low account friction
- •Aggressive risk-off liquidation rules
tastytrade
Fortunly's Rating: Our editorial team determines the rating based on a set of evaluation criteria developed for each product and service category.
tastytrade is designed for options trading and prioritizes all the variables that define 0DTE options. Its advantage comes with commission cap per leg, making multi-contract trades much cheaper than with other similar brokers. tastytrade provides real-time gamma, delta, and theta sensitivity, allowing traders to actively manage 0DTE exposure as price approaches key levels.
- •Commission caps favor scaling strategies
- •Real-time Greeks and probability metrics
- •Minimal forced liquidation interference
Webull
Fortunly's Rating: Our editorial team determines the rating based on a set of evaluation criteria developed for each product and service category.
Webull offers commission-free options trading, along with a more advanced charting and desktop functionality. The platform doesn’t charge contract fees, and supports same-day expirations on major ETFs and some index products. In recent times, Webull has modernized its "0DTE Center" to include more robust Greek tracking, making it a stronger competitor for active retail day traders.
- •No contract fees
- •Desktop charting superior to app-only brokers
- •Solid Greek tracking
How to Choose a 0DTE Broker
With the complexity and extremely high levels of risk associated with 0DTE options, choosing the right broker means more than simply selecting a service provider.
Before opening an account with one of these platforms, always make sure to evaluate the following:
Liquidation Policies
First and foremost, you have to be aware of the broker’s risk management algorithm, as many platforms today utilize forced liquidation in order to migitate their own exposure to margin calls and assignment.
For example, some brokers will close out 0DTE positions a few hours before the closing bell, potentially turning a winning contract into a realized loss, especially if you are focused on late-session trades.
Look for brokers that allow you to trade until at least 3:30 PM ET, or those that provide clear, configurable margin thresholds rather than arbitrary time-based liquidations.
Asset Selection
Recent times have shown a massive shift toward cash-settled index options like SPX and NDX over ETF-based options like SPY or QQQ
Make sure to prioritize brokers with robust access to the CBOE index suite. The lack of assignment risk allows you to hold positions closer to the bell without triggering your broker's "panic" liquidations.
|
Feature |
Index Options (SPX/NDX) |
ETF Options (SPY/QQQ) |
|
Settlement |
Cash |
Physical Shares |
|
Assignment Risk |
None |
High (Overnight Risk) |
|
Tax Treatment |
Section 1256 (60/40 rule) |
Standard Short-term |
|
Broker Control |
Lower Intervention |
Higher Intervention |
Real-Time Gamma and Greek Sensitivity
Unlike with longer options contracts where Delta is the driving engine, 0DTEs are driven by Gamma, as Theta decay accelerates too rapidly here, making static data pretty much useless.
We’d advise that you go with a broker that calculates Greeks on a tick-by-tick basis, with the platform interface ideally highlighting Theta decay acceleration and Gamma risk as price approaches your strikes.
Execution Quality and Routing Logic
While beginners naturally seek zero-commission brokers, the fact is that these platforms often route orders to wholesalers, which in turn prioritize their own margins over your price improvement.
If you are a high-volume trader, look for brokers with Direct Market Access (DMA) which route orders directly to exchanges, potentially saving you money via better fills and reduced slippage.
Platform Stability During Volatility Spikes
0DTE volume usually peaks during important macroeconomic events, as well as the last hour of the trading day. During these times of high volume trading, some brokers will experience freezes in service, so it's best to prioritize those platforms with proven uptime and dedicated desktop environments.