The invention discloses a high-precision composite copper alloy wire and a processing technology thereof. The high-precision composite copper alloy wire is prepared from the following raw materials inparts by weight: 88-95 parts of copper, 15-22 parts of neodymium, 11-18 parts of tungsten, 4-7 parts of manganese, 5-15 parts of carbon, 5-15 parts of iron, 10-18 parts of silicon, 2-7 parts of chromium, 2-6 parts of lead, 4-9 parts of nickel, 2-8 parts of tin, 1-4 parts of zirconium, 2-6 parts of antimony and 6-11 parts of magnesium. According to the high-precision composite copper alloy wire disclosed by the invention, by use of 6-11 parts of copper, neodymium, tungsten, manganese, carbon, iron, silicon, chromium, lead, nickel, tin, zirconium, antimony and magnesium respectively, the prepared product of copper wire not only has bright and clean surface and high precision, but also gains the characteristics of high strength, high hardness, high conductivity, high elasticity, wear resistance, fatigue resistance, corrosion resistance, low elastic lag and the like; the operation is easy and convenient, the technology is easy to control, the process is simple, and the product can reach the national standard T3 on copper wire rod for electrical purpose; moreover, the smelting cost is remarkably lowered, and the product quality of the copper wire rod is also guaranteed.