A system for testing a Nakagami fading channel and a verification method thereof are provided. The testing system includes a signal generator, a Nakagami fading channel simulator, and a computer. The signal generator is used to output a sine wave signal whose frequency is f and transmit the sine wave signal to the Nakagami fading channel simulator and the computer. The Nakagami fading channel simulator is used to generate a Nakagami fading channel. The computer is used to perform data processing and analysis. In the verification method, time domain fading characteristics, first-order statistics characteristics, and second-order statistics characteristics of the Nakagami fading channel are respectively verified. Verifying the time domain fading characteristics is verifying a waveform fluctuation rate and a fluctuation range on a time domain under different Nakagami fading factors. Verifying the first-order statistics characteristics is mainly verifying amplitude and phase distribution statistics characteristics of the Nakagami fading channel by means of Kolmogorov Smirnov (KS) hypothesis test. Verifying the second-order statistics characteristics is mainly verifying the shape and bandwidth of a power spectrum density function. In the present invention, verification on performance of the Nakagami fading channel simulator or a simulation model has features of accuracy and feasibility.