The invention discloses a tester and a testing method for the winding lead material of a transformer, belonging to the field of electric measuring instruments, in particular to the field of power supply apparatus detection. The tester comprises a direct current power source, a voltage sampling sensor and a current sampling sensor which are all arranged in a shell; a connecting terminal arranged outside the shell, a processor, a storage and a display; the input end of the processor is respectively connected with the voltage sampling sensor and the current sampling sensor, the data terminal of the processor is connected with the storage, the output end of the processor is connected with the display, the output end of the direct current power source is connected with the connecting terminal at the outer side of the shell by a lead, the voltage sampling sensor is arranged at two sides of the output end of the direct current power source, the current sampling sensor is arranged on the lead between the direct current power source and the connecting terminal. By adopting the invention, different material coils can be conveniently detected and distinguished, thereby preventing users from cheating.