The invention discloses a method for extracting and separating arsenic and iron in a chloride system, and belongs to the technical field of chemical solvent extraction. The method comprises the stepsof firstly, arsenic extraction, wherein a prepared organic phase is in contact with a hydrochloric acid solution containing iron and arsenic to be subjected to single-stage or multi-stage counter-current extraction, arsenic irons are selectively extracted into the organic phase, and most iron ions are left in extraction raffinate; secondly, arsenic reverse extraction, wherein an arsenic-containedloaded organic phase is in contact with a dilute inorganic acid water solution to be subjected to single-stage or multi-stage counter-current reverse extraction, and a blank organic phase and arsenic-rich strip liquor after reverse extraction are obtained; and thirdly, returning of the blank organic phase after reverse extraction to the first step to be repeatedly used, wherein the arsenic-rich strip liquor is used for further preparing an arsenic compound. The organic phase is formed through mixing of an extraction agent and a diluting agent, the extraction agent is a neutral alcohol extraction agent, and is on or combination of multiple of n-caprylic alcohol, isooctyl alcohol and sec-octyl alcohol, the flow is short, the arsenic recycling rate is high, the chemical reagent consumption islittle, cost is low, and industrialization is easily achieved.