Multiple Sclerosis (MS) is an autoimmune inflammatory disease of the central nervous system (CNS) which affects over 2.5 million people worldwide. Although MS has been extensively studied, many challenges still remain in regards to treatment, diagnosis, and prognosis. Typically, prognosis and individual responses to treatment are evaluated by clinical tests such the expanded disability status scale (EDSS), magnetic resonance imaging (MRI), and presence of oligoclonal bands (OCB) in the cerebrospinal fluid (CSF). However, none of these measures correlate strongly with treatment efficacy or disease progression across heterogeneous patient populations and subtypes of MS. Numerous studies over the past decades have attempted to identify sensitive and specific biomarkers for diagnosis, prognosis, and treatment efficacy of MS. The objective of this article is to review and discuss the current literature on body fluid biomarkers in MS, including research on potential biomarker candidates in the areas of microRNA, messenger RNA, lipids, and proteins.