The invention discloses a graphene modified steel structure water-based anti-corrosive paint and a preparation method thereof. The anti-corrosive paint is prepared from the components in percentage byweight: 10 to 20 percent of deionized water, 5 to 10 percent of graphene dispersion liquid, 30 to 40 percent of anionic acrylic emulsion, 5 to 13 percent of pigment, 20 to 30 percent of filler, 0.1 to 0.8 percent of wetting dispersant, 0.1 to 0.5 percent of defoaming agent, 0.2 to 0.5 percent of pH modifier, 0.3 to 0.6 percent of thickening agent, 0.2 to 0.5 percent of SiO2 hollow microspheres, 0.1 to 0.4 percent of RS preservative, and 2 to 5 percent of coalescing agents. The sum of the weight percent contents of the components in the graphene modified steel structure water-based anti-corrosive paint is 100 percent. Due to the interaction and the space effect among the graphene, the SiO2 hollow microspheres, the pigment and the filler, the defects of poor water fastness, weather fastnessand easiness of flash rust of a traditional water-based acrylic anti-corrosive paint are overcome, the hardness of a film is ensured on the basis of flexibility, and the paint has excellent storage and anti-corrosive performances.