Color accurate monitors are high resolution, luminance‐controlled displays with very large color gamut. They have internal controls to match specific color standards (e.g., sRGB, Adobe‐RGB, REC‐709) and well‐defined gamma functions (mostly γ = 2.2, but others such as Equal Probability of Detection, Digital Imaging and Communications in Medicine). Usually, they come with external tools for automatic calibration (like Chroma 5 or Spider) and for communicating with the host computer through USB port, and with software to control the calibration process. Most of them allow a calibration to a specific customer selected color gamut, besides the precalibrated standards, but limit the gray levels calibration to a gamma type function (typically γ = 2.2). Their unique properties, challenges, and applications will be discussed. A comparison between the properties of four monitors and optical test results of their parameters is presented.