The invention provides environment-friendly and dual-component decorative grout containing crystal glaze and nano-glaze and a preparation method of the decorative grout and belongs to the technical field of building materials. The crystal glaze and/or the nano-glaze are/is added to the decorative grout in the formula, and diatomite and/or a photocatalyst are/is also added to the decorative grout in the formula. The decorative grout in the formula comprises components in parts by weight as follows: 30-60 parts of Nanya epoxy resin NPEL-128 , 2-15 parts of fumed silica, 1-10 parts of the crystal glaze, 1-10 parts of the nano-glaze, 0.1-10 parts of an ultraviolet light absorber, 0.1-5 parts of a defoaming agent, 5-30 parts of 1,3-bis(aminomethyl) cyclohexan, 2-20 parts of polyether amine D230, 1-10 parts of an active diluent, 2-20 parts of an accelerant, 2-20 parts of a water resistant agent, 0.2-5 parts of an antioxidant, 2-18 parts of diatomite, 0.1-5 parts of the photocatalyst, 1-20 parts of toner, 1-8 parts of organic bentonite and 0.2-3 parts of a thixotropic agent. The environment-friendly and dual-component decorative grout containing the crystal glaze and the nano-glaze has the characteristics of being permanently waterproof, mould-proof, anti-bacterial, anti-yellowing and wear-resistant.