The invention discloses an automatic magnetic strip passing machine. The automatic magnetic strip passing machine comprises a rack and a magnetic strip tractor, wherein the magnetic strip tractor is positioned on the rack, a magnetic strip passes through a guide rod, a pressing wheel and the magnetic strip tractor in sequence, the magnetic strip tractor comprises two conveying machines respectively including an upper conveying machine positioned on the top and a lower conveying machine positioned at the bottom, an upper guide groove is formed in one surface, which is opposite to the lower conveying machine, of the upper conveying machine, a lower guide groove which is opposite to the upper guide groove is formed in the lower conveying machine, a conveying belt of the upper conveying machine is arranged in the upper guide groove, a conveying belt of the lower conveying machine is arranged in the lower guide groove, the magnetic strip is positioned in a gap formed by the conveying belts of the upper conveying machine and the lower conveying machine and is clamped to move forward by the conveying belts of the upper conveying machine and the lower conveying machine, and the gap is positioned in the upper guide groove or the lower guide groove. According to the automatic magnetic strip passing machine, whether the magnetic force of the magnetic strip is qualified can be automatically detected, the traction of the magnetic strip does not slip, the cutting length of the magnetic strip is accurate, the qualified rate of products is increased, and the cost is reduced.