The embodiment of the invention provides a rotating mechanism, a supporting device and a mobile terminal. Constant-force unfolding of the mobile terminal can be achieved, a user can unfold the mobile terminal with one hand, and the use experience of the user is improved. In the rotating mechanism, a rotating shaft is rotationally connected with a fixing frame, the rotating shaft is provided with a first sliding groove and a second sliding groove, the first sliding groove and the second sliding groove are arranged at intervals in the X-axis direction, and a guide rail frame is located at one side of the rotating shaft and arranged opposite to the first sliding groove and the second sliding groove. A first sliding block and a second sliding block are slidably installed on the guide rail frame, a sliding arm of the first sliding block is slidably installed in the first sliding groove, and a sliding arm of the second sliding block is slidably installed in the second sliding groove. A first sliding rod and a second sliding rod are slidably installed on the guide rail frame, the first sliding rod is located at the side, away from the second sliding block, of the first sliding block, and the second sliding rod is located at the side, away from the first sliding block, of the second sliding block. A first connecting rod is connected between the first sliding block and the first sliding rod, and a second connecting rod is connected between the second sliding block and the second sliding rod.