The invention discloses metallic cathode electrophoretic paint and a preparation method thereof. The metallic cathode electrophoretic paint comprises the following components: modified epoxy resin, methyl trimethoxy silane, hydroxy propyl cellulose acetic ester, 2-cyan ethyl acrylate, acrylamide, 2-acrylamide-2-methyl propanesulfonic acid, propanesulfonic acid and zinc stearate. The preparation method comprises the following steps: adding modified epoxy resin, hydroxy propyl cellulose acetic ester and 2-cyan ethyl acrylate into a reaction kettle, heating till the above components are molten, adding hydroxypropyl methylcellulose and methyl trimethoxy silane, heating, stirring to react, further adding deionized water, further reacting at certain temperature and vacuum degree, finally adding acrylamide, heating, stirring, subsequently cooling, adding 2-acrylamide-2-methyl propanesulfonic acid and zinc stearate, stirring, reacting, and finally cooling to room temperature, thereby obtaining the metallic cathode electrophoretic paint. By adopting the metallic cathode electrophoretic paint disclosed by the invention, the properties of a coated paint membrane are greatly improved, and the use range of the cathode electrophoretic paint is further widened and expanded.