In this article, the effects of different content and compound ratio of low-grade fly ash and limestone powder on the strength, water requirement and adaptability with admixture of green complex binder were studied, and the influence of particle size distribution and particle morphology on its performance was analyzed. The results indicated that the strength decreased obviously with the increase of mineral content. There was an optimum ratio of fly ash and limestone powder (6:4) at a certain mineral content. Water requirement decreased, and the saturated content of admixture points became small with the increasing of limestone powder. The effects of content on the strength were much more than that of particle size distribution for composite cement with high volume of mineral admixtures.