The stable phase equilibrium and phase diagram of the quaternary system K + , Rb + , Mg 2+ // borate·H 2 O at 348 K were determined by isothermal dissolution method. The densities, refractive indices, and solubility values of the equilibrated solution in the quaternary system were measured. The crystalloid forms of the solid phase of invariant point were identified by X-ray diffraction method. The stable phase diagram, water content diagram, and the diagrams of the densities/refractive indices versus composition were plotted based on the measured data. Results show that this quaternary system at 348 K without double salt or solid solution formed belongs to a simple eutectic type. The invariant point E saturated with three salts corresponding to potassium tetraborate tetrahydrate (K 2 B 4 O 5 (OH) 4 · 2H 2 O), rubidium pentaborate tetrahydrate (RbB 5 O 6 (OH) 4 ·2H 2 O), and hungchaoite (MgB 4 O 5 (OH) 4 ·7H 2 O). The crystallization field of RbB 5 O 6 (OH) 4 ·2H 2 O is the maximum, meaning that it has the smallest solubility among the coexisting salts. On the solubility curves AE (cosaturated with salts MgB 4 O 5 (OH) 4 ·7H 2 O and RbB 5 O 6 (OH) 4 ·2H 2 O) and BE (cosaturated with salts K 2 B 4 O 5 (OH) 4 ·2H 2 O and RbB 5 O 6 (OH) 4 ·2H 2 O), the water content decreases, the densities and refractive indices increase with the increase of J(K 2 B 4 O 7 ); on the curve CE (cosaturated with salts MgB 4 O 5 (OH) 4 ·7H 2 O and K 2 B 4 O 5 (OH) 4 ·2H 2 O), the water content and the densities increase, the refractive indices decrease with the increase of J(K 2 B 4 O 7 ).