A conductive yarn and an apparatus for making the same are disclosed. The conductive yarn comprises a non-conductive core thread and a fine metal thread wound around the surface of the non-conductive core thread. The fine metal thread is guided by the apparatus to wind around the surface of the non-conductive core thread in a spiral form. The apparatus comprises a base station, an axle on the base station, and a spool set on the axle for twisting the fine metal thread. The core thread passes through the center of the axle, and the axle is driven by a power to drive the spool to rotate, whereby winding the fine metal thread around the surface of the non-conductive core thread so as to form an elastic and flexible conductive yarn.