We have reviewed the magnetic activity in close binaries. Solar like magnetic activity indicators such as photometric spots, chromo spheric emission, coronal X-ray and radio emission, and flare activity are commonplace in many cool stars with convective envelopes. Using the UV spectra we confirmed the strength of stellar activity increases with more rapid rotation and later spectral types which corresponds to the increasing depth of the star's convective envelope. Apart from very young stellar objects such as T Tauri stars, the stars with the highest levels of activity are close binary systems composed of cool stars, i.e., the chromospherically active binaries such as RS CVn, BY Dra, W UMa and related systems. The IUE low and high dispersion spectra of V711 Tau, VW Cep and SW Lac are used for ultraviolet photometry and for a variation study of chromospheric activity. Evidence of chromospherically activity is indicated by the intensity variation of the Mg II emission line with orbital phase.