Because of features, such as adjustable structures, high porosity, and high crystallinity, metal–organic frameworks (MOFs) deservedly have received considerable attention. Nevertheless, there is still room for improvements in the electrical conductivity and chemical stability of some MOFs, because of which they cannot be utilized as electrode materials. Fortunately, MOF derivatives have received widespread attention in recent years, especially phosphide materials, which are widely used in practical applications because of their outstanding conductivity, excellent specific surface area, and standout charge mobility. In this review, the latest developments of MOF‐derived phosphides in electrocatalysis related to energy, including the excellent performance in terms of electrochemical energy storage and ingenious strategies, and diversified synthetic approaches have been emphasized and summarized. Additionally, the arduous task and feasible proposals of MOF‐derived phosphides are also discussed.