The invention discloses a traditional Chinese medicine preparation for removing chloasma as well as a preparation method and application thereof. The traditional Chinese medicine preparation is prepared from the following raw materials in parts by weight: 3-10 parts of sesame oil, 18-26 parts of ardisia pusilla, 8-16 parts of clematis root, 10-18 parts of peach kernels, 10-18 parts of Chinese pholidota herb and 1-8 parts of brucea fruits. The preparation method of the traditional Chinese medicine preparation comprises the following steps: smashing and sieving the ardisia pusilla, Chinese pholidota herb and brucea fruits, adding anhydrous alcohol, carrying out sealed heat insulation processing, ultrasonic processing and centrifugal separation, taking supernatant liquid, and concentrating the supernatant liquid to obtain a concentrated solution A; grinding, smashing and sieving the peach kernels, carrying out extraction with hot water for three times, mixing extraction solutions, and concentrating the mixed solution to obtain a concentrated solution B; grinding, smashing and sieving the clematis root, adding vinegar for baking, adding water for decocting, filtering the decoction, and then taking filtrate; and carrying out mixed heat insulation processing on the concentrated solution A, the concentrated solution B and the filtrate, adding sesame oil, and carrying out ultrasonic processing and concentration to obtain extract, namely the traditional Chinese medicine preparation. The traditional Chinese medicine preparation is capable of improving skin chloasma and removing moles, has obvious curative effects, and has the characteristics of being convenient to smear, low in medication cost, high in effect taking speed, free of toxic or side effect and capable of treating both symptoms and root causes.