The present invention relates to a process for readily producing a toner for electrophotography which contains toner particles having a small particle size and a narrow particle size distribution, and a toner for electrophotography having a small particle size and a narrow particle size distribution which is produced by the above process. There is provided a process for producing a toner for electrophotography which includes the steps of (A) finely dispersing a resin binder in an aqueous medium in the presence of a nonionic surfactant to prepare a dispersion of resin binder-containing fine particles; (B) aggregating the resin binder-containing fine particles obtained in the step (A) together to prepare a dispersion of mother particles; (C) adding a dispersion of a resin binder-containing fine particles at one time or sequentially in several divided parts to the dispersion of the mother particles obtained in the step (B) to prepare aggregated particles thereof; and (D) coalescing the aggregated particles obtained in the step (C), as well as a toner for electrophotography which is produced by the above process.