The invention relates to an ultra-strong strength, high-toughness and anticorrosive aluminum alloy and a preparation method for the same. A trace amount of specially-reinforced rare earth elements Sm, Nd and Y are added on the basis of an Al-Zn-Mg-Cu-Zr alloy, an electromagnetic casting mode is adopted for improving the solid solubility of the alloy, homogenizing the structure and reducing segregation, and the proportion of main alloy elements is optimized to make a breakthrough in the strength of the alloy. The aluminum alloy has ultra-strong strength, higher plasticity and high anticorrosive performance; in addition, the high-abundance rare earth element such as Sm and Y serving as one of raw materials is excessively overstocked in the market, and is low in cost, so that not only can be the cost of the alloy remarkably lowered, but also the problem of application unbalance of the rare earth elements can be relieved; the strength of a material prepared from the alloy is stronger than 700MPa after the material is subjected to T77 treatment, and is remarkably stronger than that of a material prepared from a 7055 alloy, and the comprehensive performance of the material is remarkably higher than that of a material prepared from an Al-Zn-Cu-Mg aluminum alloy currently with the highest comprehensive performance.