In this paper, an incommensurate fractional-order chaotic system is established based on Chua’s system. Combining fractional-order calculus theory and the Adomian algorithm, the dynamic phenomena of the incommensurate system caused by different fractional orders are studied. Meanwhile, the incommensurate system parameters and initial values are used as variables to study the dynamic characteristics of the incommensurate system. It is found that there are rich coexistence bifurcation diagrams and coexistence Lyapunov exponent spectra which are further verified with the phase diagrams. Moreover, a special dynamic phenomenon, such as chaotic degenerate dynamic behavior, is found in the incommensurate system. Secondly, for the feasibility of practical application, the equivalent analog circuit of incommensurate system is realized according to fractional-order time–frequency frequency domain algorithm. Finally, in order to overcome the limitation that the convergence time of the finite-time synchronization control scheme depends on the initial value, a fixed-time synchronization control scheme is proposed in the selection of synchronization control scheme. The rationality of this scheme is proved by theoretical analysis and numerical simulation.