The invention discloses a Carassius aurutus gibelio compound feed and a preparation method thereof. The Carassius aurutus gibelio compound feed comprises the following components in percentage by weight: 3-5wt% of imported fish meal, 10-15wt% of domestic fish meal, 30-35wt% of bean pulp, 20-22wt% of rapeseed meal, 2-5wt% of cottonseed meal, 8-10wt% of rice bran, 3-5wt% of flour, 3-5wt% of oatmeal, 3-5wt% of soybean oil, 1-3wt% of monocalcium phosphate, 2wt% of premix, 1-2wt% of liquid phospholipid, 0.5wt% of enzymic preparation and 0.5wt% of Chinese herbal medicines. The compound feed provided by the invention has the advantages of balanced amino acid, proper energy-nitrogen ratio and calcium-phosphorus ratio, complete and abundant nutrition and reasonable proportion, and can be used for effectively improving the utilization ratio of feed, lowering bait coefficient, reducing nitrogen and phosphorus discharge, lightening water body pollution, and strengthening the immunity and the premonition of fish.