The invention discloses a method and device for preparing metal powder in an electro-deposition manner, and belongs to the field of an electrochemical technology and equipment. According to the method and device, electrolyte is electrolyzed by adopting graphite felt or carbon felt as anode materials; and the form and the size of the metal powder deposited at cathodes can be adjusted by adjusting working currents. According to the method and device for preparing metal powder in an electro-deposition manner, the graphite felt or the carbon felt, which has an extremely large specific surface area, is adopted as an anode, so that the anode can obtain great working currents under the condition that the electric current density is extremely small, and phenomena of"air curtain" and electrolytic corrosion of conventional dense anode materials can be avoided; and besides, the graphite felt or the carbon felt is easy to cut and can be spliced, so that the anode is extremely convenient to make; additionally, the electric current density of the cathode is increased, so that a cathode product is changed from compact into loose, the shape of the cathode product is changed from blocks or tablets into particles or powder, and in terms of form, the cathode product is changed from big to small, and a metal powder collecting mechanism is facilitated to continuously and automatically collect cathode metal powder.