The invention discloses a preparation method and products of a water phase thioether compound. The preparation method comprises following steps: ferric trichloride or zinc chloride are introduced intoa 4mL reaction bottle, an aryl compound and a water phase system containing 2wt.% surfactant TPGS-750-M are added at the same time, diallyl sulfide is added, stirring is carried out at a rotating speed of 500 to 1000rpm, 1min later, high iodine compound PIFA is added gradually, an obtained mixture is heated, and is stirred for 24 to 36h, ethyl acetate is adopted for extraction, rotary evaporationcondensation is carried out, and then silica gel column chromatography separation is adopted so as to obtain a product. The preparation method is capable of generating new C-S bonds from the simple aryl compound and the diallyl sulfide compound, low-toxicity high iodine salt reagent is adopted for catalysis, no metal catalyst or organic solvent system is needed, metal and solvent residue problemsare solved, operation is simple, yield is high, purity is 98% or higher, conditions are mild, substance range is wide, and the irritating odor of conventional thioether compound synthesis raw materials (thiophenol and mercaptan) is avoided.