Worldwide, there is a dramatic decline in freshwater eel populations (Anguilla spp.), resulting in an urgent need to improve eel management and artificial reproduction protocols. Unfortunately, eels in captivity do not reproduce spontaneously as they remain in a (pre)-pubertal state resulting from a strong neural blockage. Eel propagation is possible to some extent by applying extensive, expensive, unnatural hormonal treatments. However, the success rates are still far too low to support a sustainable farming industry, due to low gamete quality and low survival rates of larvae. Artificial reproduction of eels has been pursued for almost 80 years, and maturation protocols have changed little. In order to improve current protocols it is clear that a different approach towards stimulating sexual maturation is required. In many fish species, changes in external environmental cues, such as photoperiod and temperature, are crucial to induce gonadal recrudescence and development. Still, the natural triggers involved in the gametogenesis of eels are poorly understood. The time-keeping hormone melatonin is a well-known transmitter of external cues, and influences various physiological processes, including reproduction. In eels, we hypothesize that melatonin is an important key player in the regulation of sexual maturation. Thus far, its mode of action is still an area which needs to be explored. In this review, we provide an overview of the current knowledge of studied natural cues possibly affecting reproductive function and the plausible role of melatonin in the regulation of puberty in eels.