This paper studies the bifurcations of the exact solutions for the time–space fractional complex Ginzburg–Landau equation with parabolic law nonlinearity. Interestingly, for different parameters, there are different kinds of first integrals for the corresponding traveling wave systems. Using the method of dynamical systems, which is different from the previous works, we obtain the phase portraits of the the corresponding traveling wave systems. In addition, we derive the exact parametric representations of solitary wave solutions, periodic wave solutions, kink and anti-kink wave solutions, peakon solutions, periodic peakon solutions and compacton solutions under different parameter conditions.