The invention discloses a milling cutter type cable stripper. The milling cutter type cable stripper comprises a cable clamping device, a milling cutter (7) and a milling cutter motor (9), wherein the cable clamping device comprises hold-down bolts (1), an upper fixing rack (2), an upper hold-down plate (3), a lower hold-down plate (4) and a lower fixing rack (6); the upper fixing rack (2) and the lower fixing rack (6) are fixedly connected, the lower hold-down plate (4) is fixed on the lower fixing rack (6), the upper hold-down plate (3) is fixed on the upper fixing rack (2) through the hold-down bolts (1), the upper hold-down plate (3) and the lower hold-down plate (4) are arranged correspondingly, the milling cutter (7) is driven by the milling cutter motor (9), and a cutting head of the milling cutter (7) penetrates through the lower fixing rack (6) and the lower hold-down plate (4). The milling cutter type cable stripper is simple and reliable to operate, labor-saving and effort-saving, hardly damages a cable conductor, controls the milling stripping thickness automatically, hardly damages a wire, and does not have a hand injury risk due to the fact that the milling cutter is arranged in the hold-down plate.