Disclosed are a method and an apparatus for forging dissimilar materials. The apparatus includes a press, a tray plate supply unit that supplies a tray plate by one pitch from one side to an opposite side, punching parts that continuously form material passing/fixing parts in the tray plate, a material plate supply unit that supplies a material plate to the upper sides of the material passing/fixing parts by one pitch, cutting/pressing parts that repeatedly cut the material plate introduced to upper sides of the material passing/fixing parts and fix the cut materials to the material passing/fixing parts after pressing the materials, pressing parts that press the moved materials, and extraction parts that separate and extract the formed materials.