The invention belongs to the field of active carbon preparation, and particularly relates to modified composite biochar, a preparation method and applications thereof. The technical problem to be solved by the invention is to provide modified composite biochar, a preparation method and applications thereof. The preparation method comprises: A, carbonizing straws, washing off ash, drying, and crushing to obtain straw biochar; B, mixing the straw biochar, an alkali liquor, carrying out chemical modification, separation, washing the solid, and drying to obtain modified straw biochar; and C, carrying out compounding treatment: mixing the modified straw biochar, polyethylene glycol and water, adding MIEX, stirring, carrying out ultrasonic treatment, adding ascorbic acid or hydroxylamine, continuously stirring, adding a hydrogen peroxide solution, continuously stirring, separating, washing the solid, and drying to obtain the modified composite biochar. According to the method disclosed by the invention, the agricultural and forestry waste straw can be utilized to prepare the modified composite biochar with good adsorption performance.