The invention discloses a synthesis method for water-soluble porphyrin. The chemical compound is named as tetraiodide 5,10,15,20-tetra{4-[2-(N,N-dimethyl-2-piperidine) ethyoxyl]phenyl}porphyrin. The synthesis method comprises the following steps: 1) synthesizing 5,10,15,20-tetra(4-hydroxy phenyl) porphyrin; 2) synthesizing 5,10,15,20-tetra{4-[2-(N-methyl-2-piperidine) ethyoxyl] phenyl}porphyrin; 3) synthesizing the water-soluble porphyrin target object. The prepared water-soluble porphyrin is used for studying the influences of porphyrin in different concentrations on cutting pBR322 plasmid DNA under the acidity and neutrality conditions, as well as the lighting and dark conditions, through the photocatalytic DNA cutting experiments. The synthesis method has the advantages of being simple and easy in synthesis process and relatively high in product purity; chemicals used in the whole process are less in toxicity; the product is good in water solubility, and has good pH selectivity.