The invention discloses an aqueous acrylate electrostatic flocking binder and a preparation method thereof, belonging to the field of the preparation of macromolecular binders. The environment-friendly and excellent-performance aqueous acrylate electrostatic flocking binder is prepared by taking a soft monomer, a hard monomer, a functional monomer, a crosslinking monomer, epoxy resin, an initiator, an emulsifier, a buffering agent, a pH regulator and deionized water as raw materials, adopting an alkylphenol ethoxylates (APEO)-excluding emulsifier to carry out prophase pre-emulsification, taking acrylic monomers and the epoxy resin as main raw materials, and using a hemicontinuous emulsion polymerization manner that monomers and the initiator are dual-dropwise added, wherein the monomers are monomers with functional groups which are not hydroxylmethyl, the functional groups can crosslink with fiber only during the baking process of an electrostatic flocking fabric, and free formaldehyde can be produced. The aqueous acrylate electrostatic flocking binder has the advantages of simplicity in process, higher conversion ratio and stable performance, the flocking fabric made from the binder complies with the standards of no formaldehyde, APEO excluding, abrasion resistance and soft hand feeling, and the service requirements of ecologic clothing fabrics can be effectively met.