Wearable electronics is a rapidly growing field that recently started to introduce successful commercial products into the consumer electronics market. Employment of biopotential signals in wearable systems as either biofeedbacks or control commands are expected to revolutionize many technologies including point of care health monitoring systems, rehabilitation devices, human–computer/machine interfaces (HCI/HMIs), and brain–computer interfaces (BCIs). Since electrodes are regarded as a decisive part of such products, they have been studied for almost a decade now, resulting in the emergence of textile electrodes. This study presents a systematic review of wearable textile electrodes in physiological signal monitoring, with discussions on the manufacturing of conductive textiles, metrics to assess their performance as electrodes, and an investigation of their application in the acquisition of critical biopotential signals for routine monitoring, assessment, and exploitation of cardiac (electrocardiography, ECG), neural (electroencephalography, EEG), muscular (electromyography, EMG), and ocular (electrooculography, EOG) functions.