The invention provides a device for forming a basalt fiber-wound composite pipe. The device comprises a fiber unwinding part, a tension control part, a glue dipping part and a fiber winding part. Thefiber unwinding part comprises an unwinding roller, an unwinding shaft and a torque motor. The tension control part comprises a main speed roller, a magnetic powder brake and a tension detection mechanism. The glue dipping part comprises a glue dipping pool, a glue dipping roller and a glue extrusion roller. The fiber winding part comprises a rack, incomplete gears, a bevel gear reversing mechanism, a supporting table, a guide rail, a guide wheel, the composite pipe, a mandrel, a three-jaw chuck and a yarn nozzle, wherein the two sides of the rack are each provided with one incomplete gear, the yarn nozzle is fixed to the rack, and the bevel gear reversing mechanism drives the incomplete gears to rotate synchronously. According to the device, a horizontal structure is adopted to prevent manual interference of all the parts, so that the stability is high; the tension can be kept constant all the time in the fiber winding process, it is guaranteed that basalt fibers are uniformly wound on the surface of the composite pipe, and the physical properties of the composite pipe are improved.