The invention discloses a storable low temperature cured powder coating and a preparation method thereof. The powder coating mainly comprises 30 to 40 percent of epoxy resin, 19 to 29 percent of modified polyester resin, 0.5 to 1.2 percent of acrylic acid, 0.08 to 0.15 percent of phosphite ester, 20 to 38 percent of pigment and filler, 0.2 to 3 percent of W-187 low temperature curing agent, and 0.15 to 0.6 percent of curing accelerator. The method for preparing the powder coating comprises the following steps: mixing, heating, melting, extruding, tabletting, cooling, crushing, ACM-crushing and sieving all the raw materials to achieve the fineness of 180 meshes, and packing a finished product. The storage time of the powder coating is greatly prolonged, and the curing temperature is reduced; the powder coating has excellent performance, and is widely applied to surface coating and painting of hardware, electric appliances, home appliances, automobiles, furniture, mechanical equipment and the like; the energy is reduced and the using cost is reduced, so the production cost of enterprises is reduced; and the method ensures the large-scale production of the enterprises, and increases the economic benefits of the enterprises.