The invention relates to an Al-Si-Cu-Zn-Sn-Ni aluminum-based brazing filler metal and a preparation method thereof. The components of the aluminum-based brazing filler metal are 7 to 13 percent by weight of Si, 5 to 11 percent by weight of Cu, 4 to 11 percent by weight of Zn, 1 to 6 percent by weight of Sn, 1 to 3 percent by weight of Ni, 0.02 to 0.3 percent by weight of Ce, 0.01 to 0.1 percent by weight of Sr, 0.01 to 0.2 percent by weight of Zr and the balance of Al. The process flow for preparing the aluminum-based brazing filler metal is that: pure aluminum is added into a graphite crucible and covered by flux for aluminum under the condition of 800 DEG C to 900 DEG C, and slag is removed after melting; the aluminum-based intermediate alloy of high-melting point elements and flux for aluminum are added at the same time, and melting, stirring and slag removal are carried out; the aluminum-based intermediate alloy of low-melting point elements is added under the protection of nitrogen, and melting and stirring are carried out; the mixture of argon and hexachloroethane is added to carry out refining, and standing and slag removal are carried out; the intermediate alloy of trace elements is added, and melting and stirring are carried out; secondary refining and slag removal are carried out; and under the protection of nitrogen, casting formation is carried out. The Al-Si-Cu-Zn-Sn-Ni aluminum-based brazing filler metal has the advantages of low melting point, high strength, high toughness, high corrosion-resistant property and good wetting property and spreadability.