The metro engineering is in an environment rich in stray current and groundwater, which will accelerate concrete corrosion. In this study, the corrosion of cement-based materials, under stray current, consisting of direct current, was investigated, and the effects of stray current magnitude, water-binder ratio, fly ash, and silica fume on its corrosion were analyzed. The results show that, as the energisation duration of the stray current increases, the mass of the cathode side leachables increases, and the compressive strength of the cement-based materials decreases overall; at 120 d of stray current, the water-binder ratio of 0.50 shows the least reduction in strength, compared to the others; the mass of cathode side leachables decrease significantly with the increase in fly ash content; when fly ash content is 15%, the mass of cathode side leachables is the least, and the decrease in the compressive strength at 120 d of stray current is the smallest. At 10% silica fume content, the mass of the cathode side leachables is the least, and the decrease in the compressive strength of the cement-based materials at 120 d of stray current is the smallest. In general, the corrosion resistance is relatively good at 15% fly ash content and 10% silica fume content under stray current.