The invention discloses a plastic paint with simulated electroplating effect. The composition and the weight ratio of the invention are as follows: 30 to 45 of acrylic resin with 50 percent of solid content and 70 to 90 DEG C of Tg, 20 to 30 of cellulose acetate butyrate with 20 percent of solid content, 8 to 12 of triad copolymer vinyl chloride-acetate resin with 30 percent of solid content, 6 to 10 of non-floating aluminum and silver pulp with an average diameter less than or equal to 20 Mum, 0.3 to 0.5 of dispersant, 0.2 to 0.4 of flatting agent, 0.4 to 0.6 anti-settling agent, 6.0 to 10.0 of toluene, 3.5 to 6.0 of ethyl acetate, 3.5 to 6.0 methy isobutyl ketone, 3.0 to 5.0 of isobutanol and 4.0 to 7.0 of glycol butyl ether. The special diluent of the invention, according to the weight ratio, is made from the following components evenly mixed: 20 of white gas, 10 of toluene, 22 of ethyl acetate, 15 of acetone, 25 of isobutanol and 8 of glycol butyl ether. The main paint which comprises the composition and the diluent are evenly mixed according to the ratio of 1: 2-3, then the mixture is used for spray coating; the metallic appearance of the paint film obtained is very close to the effect of the electroplating, and the paint film has good alcohol resistance with high hardness and strong wear resistance, and also has simple process. The aluminum and silver pulp used is a common type, the cost of which is only 5 percent to 10 percent of the simulated electroplating aluminum and silver pulp and about 2 percent of electrosilvering.