The invention provides an environment friendly preparation method for a magnesium slag baking-free brick, aiming to solve the problems that the existing baking-free brick is long in maintenance time, severe in maintenance condition, slow in watering speed of C2S of raw material in aging reaction process, slow in strength increasing, and large in difference of structure and performance of formed hydration products. The raw material of the magnesium slag baking-free brick comprises the following components in percentage: 30-50 percent of reduced magnesium slag, 12-30 percent of fly ash, 24-28 percent of river sand, 4 percent of plaster and 6-10 percent of clinker; the preparation method comprises the following steps of adding water with 6-10 percent of the total gross of the raw material, mixing and press forming the mixture, naturally curing and naturally drying the mixture, and then obtaining the magnesium slag baking-free brick. The magnesium slag baking-free brick provided by the invention uses a large amount of reduced magnesium slag, produced in the magnesium smelting process by adopting a pidgeon process, as main raw material, thus, the pollution of the industrial waste slag to the environment is reduced, and new material is added for the building engineering. The method provided by the invention has the characteristics of simple manufacturing method, easiness in obtaining raw material, short production period and high finished-product brick strength.