The invention discloses traditional Chinese medicine compound fermentation liquid with oil controlling and acne removing effects for cosmetics and a preparation method and application thereof, and belongs to the field of cosmetics. The traditional Chinese medicine compound fermentation liquid for the cosmetics is composed of the following Chinese medicine compositions of, by weight, 5~30 parts ofloquat leaves, 5~25 parts of olive leaves, 5~25 parts of wild chrysanthemum, 5~20 parts of lalang grass rhizome, 5~20 parts of pagodatree flower buds, 5~20 parts of radix sophorae flavescentis, 5~25 parts of coptis chinensis, and 5~20 parts of glycyrrhiza uralensis. According to the traditional Chinese medicine compound fermentation liquid with the oil controlling and acne removing effects for thecosmetics, prescription is carried out with the guidance of an emperor and minister assistant and guide theory in traditional Chinese medicine, through the synergistic effect of various traditional Chinese medicines, the purposes of oil controlling and acne removing are achieved. According to the preparation method, a fermentation extraction method is adopted, that is, a traditional Chinese medicine compound mixture is subjected to fermentation treatment, then filtration, sterilization and centrifugation are carried out, and the traditional Chinese medicine compound fermentation liquid is obtained. According to the traditional Chinese medicine compound fermentation liquid, the skin oil secretion can be effectively reduced and the acne can be removed, the traditional Chinese medicine compound fermentation liquid has no irritation to skin and is used in oil controlling and acne removing cosmetics, and good effects of oil controlling and acne removing are achieved.