The invention discloses (Ti,M)C nano solid solution powder and a preparation method thereof. The (Ti,M)C nano solid solution powder is prepared from the following components in percentage by weight: 35 to 79.9 percent of Ti, 0.1 to 35 percent of M and the balance of C, wherein the M is at least one of W, Mo, Cr, Ta, V and Nb. The preparation method comprises the following steps of mixing Ti powder, carbon black powder and a powdery raw material of the component M, carrying out high-energy ball milling, drying a mixture obtained after the ball milling, then putting the dried mixture into a crucible, adding a halogenating agent, afterwards, in the protection condition of an Ar gas, carrying out heat preservation for 2h to 4h at 900 to 1,000 DEG C, so as to obtain halogenating agent mixed (Ti,M)C nano solid solution powder, finally, dissolving the halogenating agent by using distilled water, centrifuging and drying, so that the (Ti,M)C nano solid solution powder is subsequently obtained.The method provided by the invention can be used for completing the carbonization and solid-solution reactions of (Ti,M)C at 900 to 1,000 DEG C; the prepared (Ti,M)C solid solution powder has the characteristic of a single-phase component and has the average particle size which is less than 100nm; the powder is high in purity and the content of the C is easy to precisely regulate and control.