A speed reducing device includes a motor and a speed reducing mechanism. The speed reducing mechanism includes at least one roller assembly, a cycloid disc, at least one fixing disc and a positioning assembly. The roller assembly is disposed within a rotor portion of the motor. While the roller assembly is rotated with the rotor portion, the roller assembly is eccentrically revolved. The roller assembly includes a wheel disc and at least one roller. The cycloid disc includes a main body and at least one cycloid tooth structure. The cycloid tooth structure is protruded from an outer periphery of the main body and in contact with the corresponding roller. While the roller assembly is eccentrically revolved, the at least one cycloid tooth structure is pushed against the corresponding roller, so that the cycloid disc is correspondingly rotated.