The invention discloses a powder sintered porous filter alloy, a preparation method of the alloy and a pre-compression molded body for preparing the alloy. The alloy is basically prepared from the ingredients in percentage by mass: 14-17% of Cr, 15-17% of Mo, 0-7% of Fe, 0-4.5% of W, 0-2.5% of Co, 0-0.08% of C, 0-1% of Si, 0-1% of Mn, 0-0.35% of V, 0-0.04% of P, 0-0.03% of S, 0-5% of Al, 0-1.5% of Ti and the balance of Ni; when the alloy is used for filtering liquid, the average pore size is not greater than 20 microns, and the relative coefficient of permeability is not smaller than 0.2m<3>/m<2>.kPa.h; when the alloy is used for filtering gas, the average pore size is not greater than 60 microns, and the relative coefficient of gas permeability is not smaller than 80m<3>/m<2>.kPa.h. The alloy shows superior corrosion resistance in both an oxidizing system and a reducing system; secondly, the alloy is mainly resistant to wet chlorine, various oxidizing chlorides, chloride salt solutions, sulfuric acid and oxidizing salts. The alloy is suitable for being applied to the industrial fields of chemical industry, petrochemical industry, flue gas desulfurization, pulp and paper making, environmental protection and the like.