The invention discloses a microbial insecticide, which is characterized by comprising, by weight percentage, 30-50% of a bacillus thuringiensis liquid, 30-50% of a beauveria bassiana bacteria liquid, 5-9% of a photosynthetic bacteria liquid, 5-9% of a yeast bacteria liquid, 5-7% of a tobacco leaf chelate liquid, 1-3% of potassium dihydrogen phosphate, 0.05-0.2% of DA-6, 0.05-0.3% of compound sodium nitrophenolate, and 0.1-0.4% of organosilicon. The microbial insecticide provided by the invention can replace chemical insecticide pesticides, and has the characteristics of low cost, obvious control effect, broad spectrum and lasting effect, no side effect, no residual and the like. In addition to the insecticidal and bacteriostatic effects, the insecticide is also blended with some crop necessary fertilizers N, P and K (in addition, also a variety of trace elements and crop necessary minerals), the simultaneous fertilization step is omitted, and the purpose of multiple effects at one time can be achieved. The microbial insecticide has the advantages of low cost, strong effect, and high degree of environmental protection.