The invention provides an electric welding rod with ultra low hydrogen and high toughness. The electric welding rod comprises core welding-wires and electrode coating composition. The electrode coating composition comprises the following components (weight percentage): 38-42 percent of marble, 21-28 percent of fluorspar, 1-3 percent of white titanium pigment, 6-10 percent of ferrotitanium, 0.5-1.5 percent of low-carbon ferromanganese, 3-7 percent of ferrosilicon, 3-6 percent of manganese metal, 2-4 percent of metallic chromium, 1-3 percent of mica, 1-3 percent of ferromolybdenum, 1.5-3.5 percent of ferrovanadium, 1-4 percent of nickel powder and 2-4 percent of rare earth metal. H08A is adopted as the core welding-wires, and water glass is used as the cementing agent. The electric welding rod fills the blank of electric welding rod needed for an ultra-thin large diameter circular saw blade, and simultaneously the electric welding rod can also be used for the welding of products in structures of carbon tool steel, alloy tool steel and spring steel material. The electric welding rod has good welding processing property and crack resistance, and simultaneously has very high welding strength, rigidity, plasticity and toughness, and the color of the welding seam is identical with the color of the base material.