The invention relates to an ester type fire-resistant 
hydraulic fluid. The 
hydraulic fluid comprises the following raw materials by weight percent: 95-99% of 
base oil, 1.0-5.0% of diphenol 
propane, 0.005% of dimethylsilicone fluid or dimethylsilicone 
grease, 0.05% of 
tricresyl phosphate, 0.1% of 
benzotriazole, 100 parts per million (PPM) demulsifying agent T1001 or LZ5957 and 0.2-0.3% of 
triazole derivative, thiadiazole derivative, N-salicylidene 
ethylamine, N, N'-bis(salicylidene)
ethylenediamine, N, N'-bis(salicylidene)propylene 
diamine or 
ethylenediamine tetraacetic acid. A preparation method of the ester type fire-resistant 
hydraulic fluid comprises the following steps of sufficiently and evenly stirring various materials at 
room temperature according to a formula, and then filtering. The ester type fire-resistant hydraulic fluid has the beneficial effects that the high temperature use performance of the product is greatly improved, the service life of a hydraulic 
system and the oil changing period of oils are prolonged, and the ester type fire-resistant hydraulic fluid has a good 
flame-retardant effect and is safe to use. The preparation method has the advantages that operation is convenient, technology and equipment are simple, 
energy consumption is low, cost is low, and the like.