The invention provides an electrode for electrolysis, a preparation method of the electrode and an electrolytic bath. The electrode for electrolysis comprises a conductive base material and an active coating, wherein the conductive base material is a base material containing titanium or titanium alloy; the active coating at least comprises a bottom coating layer and a surface coating layer; the bottom coating layer is prepared from titanic oxide, iridium oxide and ruthenium oxide; the surface coating layer is prepared from iridium oxide, ruthenium oxide, titanium oxide and a metal or an oxide of one of two of palladium and platinum. According to the electrode for electrolysis disclosed by the invention, the double coating layers are adopted; compared with the single coating layer only containing ruthenium, iridium and titanium, the electrode is better in activity, the chlorine evolution potential of the electrode is low, the oxygen evolution potential is high, the service life of the electrode is longer, and the electrolysis stability is better.