Embodiments of the present invention provide a method for controlling compressor braking, a frequency converter and a variable speed compressor. The method includes steps of: determining to brake a compressor, wherein a brake circuit includes three switching units and the three switching units are respectively electrically connected to three phases of windings of a motor of the compressor; actuating two of the three switching units to short-circuit two phases of windings of the motor. The two phases of windings of the motor are short-circuited by controlling the three switching units to generate braking torque, such that the compressor is braked without introducing a DC voltage, and thus the braking energy consumption is reduced. Besides, by turning on only two switches at a time, the switching abrasion is reduced, and the overall service life of the three switching units is effectively improved.