The invention discloses a method for recovering nickel and vanadium from a waste FCC (Fluid Catalytic Cracking) catalyst through molten chlorination volatilizing. The method comprises the following steps: adding a chlorinating agent, a reducing agent and a slag forming constituent to the waste FCC catalyst, and uniformly mixing to obtain a mixture to be molten; performing molten chlorination on the mixture to be molten through a melting furnace for 30 to 300 minutes at the temperature of 1250 to 1700 DEG C so as to obtain smoke containing nickel and vanadium chloride; charging the smoke containing the nickel and vanadium chloride into a smoke washing system to wash and defog the smoke so as to obtain a solution rich in nickel and vanadium; and then separating nickel and vanadium from the solution rich in nickel and vanadium by a solvent extraction method so as to obtain vanadium pentoxide and nickel chloride. With the adoption of the method, the recovery rate of nickel and vanadium can be greatly increased; in addition, the method is simple in technology, short in process, flexible to operate, high in recycling rate, and high in geographical adaptability; the produced wastewater, waste gas and slag are nontoxic and harmless, so that the environment is influenced a little.