The invention discloses a whitening and moisturizing freckle removal lotion and a preparation method thereof. The whitening and moisturizing freckle removal lotion comprises the following substances: wheat germ oil, grape seed oil, olive oil, rose corn oil, horse oil, snow lotus herb sunflower seed oil, synthetic silk oil, cucumber extract liquid, a bletilla striata extracting solution, a myosotis extracting solution, a white silkworm extracting solution, a centella extracting solution, a rosemary extracting solution, pearl powder, a cell activator, rose essential oil, distilled water, sodium alginate, propylene glycol, methyl 4-hydroxybenzoate and ethyl hydroxybenzoate. The whitening and moisturizing freckle removal lotion is good in effect and high in security; as the extracting solutions of various herbs are adopted, the whitening and moisturizing freckle removal lotion is mild in nature, good in stability, moist and nourished, and fragrant in smell, can supply nutrient substances for the face skin, remove freckles and yellow, deeply nourish the skin and make the skin moist and elastic; and meanwhile, the prepared whitening and moisturizing freckle removal lotion is milk-white, appropriate in viscosity, fine, smooth and uniform, and favorable in ductility property, and feels cool and comfortable.