The invention provides moisturizing toning lotion and a preparation method thereof. The moisturizing toning lotion contains the following components in percentage by weight: 1-15%, preferably 3-12%, of a wrapped oil-dispersible emollient and / or wrapped oil-soluble emollient, 5-40%, preferably 8-31%, of a water-soluble moisturizing agent, 0.05-0.5%, preferably 0.08-0.3%, of a water-soluble thickening agent, 0.1-5%, preferably 0.3-3%, of a skin conditioner, 0.05-0.8%, preferably 0.05-0.5%, of a solubilizing agent, 0.001-0.2%, preferably 0.005-0.1%, of a pH regulator and 45-93%, preferably 55-88%, of water. The moisturizing toning lotion contains the wrapped oil-dispersible emollient and / or wrapped oil-soluble emollient, so that the moisturizing toning lotion has soft touch sense and smooth texture and stickiness of the moisturizing toning lotion also can be reduced.