Several power electronic converters are merged to fulfill different requirements such as interfacing Renewable Energy Sources (RESs) to energy storage systems (ESS), grid, and loads. Some applications would require several converters that reduce the efficiency, increase component counts and complicating the control strategies. The interfacing of separate energy sources utilized in electrical vehicles (EV) and grid-connected applications has drawn attention to Multiport Converters (MPC). Additionally, MPCs have a smaller component count and compact design compared to multiple independent DC-DC converters. This led to an increase in the power density and a decrease in complexity and cost of the converter. This article Introduce a comprehensive review for numerous numbers of publications regarding MPCs, advising a simple classification for MPCs. The classification introduced in the article is based on the applications. This classification would be a beneficial tool for researchers in the field while highlighting different control and modulation strategies used in MPCs and Discussing the limitations and boundaries of MPCs.