The invention relates to an anticorrosive composite polycarboxylate superplasticizer with high slump loss resistance, and a preparation method and application thereof. The composite polycarboxylate superplasticizer comprises, by mass, 40 to 55% of mother liquor of a polycarboxylate superplasticizer, 4 to 7% of sodium gluconate, 0.15 to 0.3% of an air entraining agent, 0.1 to 0.25% of an antifoaming agent, 0.05 to 0.2% of an emulsifying agent and 0.1 to 0.3% of an anticorrosive bactericide, with the balance being water, wherein the mass percents of every component sum to 100%. The composite polycarboxylate superplasticizer is prepared by placing the mother liquor of the polycarboxylate superplasticizer, sodium gluconate, the air entraining agent, the antifoaming agent, the anticorrosive bactericide and the water in a container together according to the above-mentioned mass percents under the conditions of normal temperature and normal pressure and carrying out uniform mixing under stirring. In use, the composite polycarboxylate superplasticizer is added into a concrete cementing material according to a mass ratio of the composite polycarboxylate superplasticizer to the concrete cementing material of 0.1-0.15: 100. Compared with the prior art, the composite polycarboxylate superplasticizer provided by the invention has the advantages of convenience in usage, stable performance, no phenomena of mildew, smelliness and layering due to long-term storage, capacity of introducing small bubbles when used in fresh mixed concrete, and excellent water-reducing and slump-retaining performances.