Fe55 alloy coatings were prepared on Q235 steel substrate by laser cladding and TIG surfacing, respectively. The microstructure and properties of the coating were studied by means of OM, X-ray diffraction, microhardness and abrasive wear. Results show that the dilution ratios of laser cladding and TIG surfacing coatings are 4.42% and 7.65%, respectively, and they are composed of α-Fe solid solution and in-situ synthesized particle reinforced phases, such as CrFeB,Cr7C3,(Cr,Fe)7C3 and Fe2B. The microstructure of laser cladding coating is mainly dendrite and cellular crystal, and the microstructure of TIG surfacing coating is mainly equiaxed crystal and cellular crystal. The microstructure of laser cladding coating is finer and denser than that of TIG surfacing coating. The microhardness and wear resistance of laser cladding coating are better than those of TIG surfacing coating, and the average microhardness is about 664 HV, and the main wear mode is micro cutting.