Aqueous zinc–halogen batteries (AZHBs) have emerged as promising candidates for energy storage applications due to their high security features and low cost. However, several challenges including natural subliming, sluggish reaction kinetics, and shuttle effect of halogens, as well as dendrite growth of the zinc (Zn) anode, have hindered their large‐scale commercialization. In this review, first the fundamental mechanisms and scientific issues associated with AZHBs are summarized. Then the research issues and progresses related to the cathode, separator, anode, and electrolyte are discussed. Additionally, emerging research opportunities in this field is explored. Finally, ideas and prospects for the future development of AZHBs are presented. The objective of this review is to stimulate further exploration, foster the advancement of AZHBs, and contribute to the diversified development of electrochemical energy storage.