The Ni electrowinning process with electrode diaphragms was simulated with an Electrochemical-Computational Fluid Dynamic model by considering a two-phase flow, mass transport, and electrochemical reactions. The effects of electrode diaphragms on the fluid flow, concentration, voltage drop, and current distribution were analyzed based on the simulation results. Results show that the electrode diaphragms have significant effects on the fluid flow and voltage drop in the electrolyte. The electrode diaphragms greatly reduced the strong convective flow caused by rising bubbles in the cell, and thus reduce the transport of H + (generated at the anode) to the cathode. Based on this model, the effects of different operating parameters on the electrolyte potential and cathode current distribution have been analyzed. The results show that the cell temperature of 60°C, Ni concentration of 80 g/L, and a relatively low current density are the most favorable compared with other settings in the simulation for decreasing the electrolyte voltage drop and reducing the roughness of the deposition.