In this article, a series of diiron dithiolato analogues with a pyrazole moiety has been obtained as models for [FeFe]‐hydrogenases active site. The starting material [Fe2(CO)6{μ‐SCH2CH(CH2OH)S}] (1) reacted with N‐methyl‐5‐trifluoromethyl‐pyrazole‐4‐carboxylic acid promoted by 4‐dimethylaminopyridine and N,N′‐dicyclohexylcarbodiimide to give the target ester [Fe2(CO)6{μ‐SCH2CHCH2O2C(CF3C3N2CH3)S}] (2) in very good yield. Complex 2 further reacted with various phosphine ligands and Me3NO·2H2O to yield analogues [Fe2(CO)5L{μ‐SCH2CHCH2O2C(CF3C3N2CH3)S}] {L = PPh3, 3; P(4‐C6H4CH3)3, 4; P(2‐C6H4OCH3)3, 5; P(3‐C6H4Cl)3, 6; Ph2P(C6H11), 7} in 72%–84% yields. The new products 2–7 were structurally identified by nuclear magnetic resonance (NMR), infrared (IR), elemental analysis, and particularly for 2–6 by X‐ray crystallography. The electrochemical studies have shown that these complexes can electrocatalyze the reduction of protons to H2 with added HOAc. In addition, the fungicidal activities of these complexes have been investigated.