The invention relates to alloy cathode foil which is special for capacitors and produced by a continuous roll casting method, and the alloy cathode foil is characterized in that the foil comprises the following chemical components by mass fraction: 0.10-0.20% of Si, 0.46-0.50% of Fe, 0.14-0.18% of Cu, 0.9-1.0% of Mn, 0.01-0.05% of Mg, not more than 0.01% of Zn, not more than 0.05% of Ti, and the balance of Al. The preparation method comprises the following steps: a. producing a roll-casting roll; b. rolling the roll-casting roll, that is, roll-casting a 7.5 mm roll-casting plate into 5.0 mm, performing uniform annealing, roll casting to orderly obtain a dimension of 2.5 mm, 1.25 mm, 0.7 mm, and 0.5 mm, performing intermediate annealing, roll casting to orderly obtain a dimension of 0.24 mm, 0.15 mm, 0.09 mm, and 0.062 mm so as to obtain the finished product. The method shortens the production flow, and simplifies the production process, and the obtained aluminium foil has good quality.