AbstractSmall‐angle X‐ray scattering (SAXS) is a tool which allows the study of the structure and the interaction of polymer latexes with great accuracy. The low electron density of the polymers used for the synthesis of latex particles as e.g. polystyrene allows the matching of the contrast by adding sucrose to the serum. Thus, scattering intensities measured at different contrast, i.e., at different excess electron densities can be evaluated (contrast variation). This yields precise information on the radial electron density of the particles. In this article recent SAXS‐investigations on latex particles are reviewed. It is demonstrated that core‐shell latexes can be analyzed precisely by contrast variation. The same method can be applied to swollen latex particles to examine the polymer concentration near the boundary to the water phase. Here it is shown that the depletion of the polymer molecules near this boundary is very small which points to a minute wall‐repulsion effect. Since the excess electron density of polystyrene latex particles in water is very small, the scattering from adsorbed layers of surfactants dominates the measured intensity in this particular system. Therefore the adsorption equilibrium of a given surfactant as well as the competitive adsorption of two different surfactants on a polystyrene latex can be assessed by SAXS.