The invention relates to the technical field of metal cutting machining lubrication, in particular to a fully synthetic cutting fluid. A fully synthetic cutting fluid includes the following components: triethanolamine and its derivatives, antirust agent, ancient oil, glycerin, oleic acid, antibacterial agent, and water. The cutting fluid provided by the invention has good antirust performance, lubricating performance and cleaning performance during use, is not suitable for spoilage, can maintain clarity and transparency during use, has good stability, is not easy to decompose at high temperature, and has a long indoor storage period. In addition, the product of the present invention can be widely used for rust prevention between steel materials, cast iron, mechanical parts, alloy steel product components and materials. The rust prevention period is long, and it does not contain harmful substances such as chlorides and phenols. Skin burns, in line with environmental protection requirements.