The invention provides an alkaline super capacitor battery iron electrode, comprising a porous metal collector electrode substrate and an electrode material, wherein 85-95wt percent of the electrode material is an electrochemical active composite material, 5-15wt percent of the electrode material is formed by a conductive agent and a binder, and the electrochemical active composite material comprises an electrochemical active material and an additive. The invention also provides a preparation method of the alkaline super capacitor battery iron electrode; first electrode material slurry is subjected to filling and coating through an electrode plate slurry pulling automatic production line, and is prepared into the iron electrode by drying, prepressing, rolling, stamping and slicing, separating slices, and spot welding of electrode lugs. The iron electrode made by the preparation method disclosed by the invention is high in strength, good in electrical property, simple in manufacturing process, good in consistency and low in cost; a formula and the preparation method of the iron electrode are suitable for making iron cathodes of alkaline secondary batteries, such as a nickel-iron battery, an iron / air battery and a silver-iron battery, which are environment-friendly, with high capacity and high power, thus manufacturing corresponding super-batteries or super capacitor batteries.