With the aim of obtaining a refining flux that is stable and provides effective refining of aluminum melt, a new strategy of designing the flux composition has been proposed. Ten fluxes were designed, by selecting ten molten salt compounds according to their thermophysical parameters, physical properties, and thermodynamic analysis. The melting points of the ten fluxes, and the phases transformation of the fluxes after melting, were studied by DSC and XRD, respectively. The contact angles between four groups of fluxes and alumina at refinement temperatures were studied, and the effect of refinement was characterized by a metallographic microscope. The process of the fluxes removing inclusions and degassing was analyzed thermodynamically. The research findings indicate that flux #10 (11.0 wt.%NaF, 29.5 wt.%NaCl, 46.5 wt.%Na2CO3, 3.0 wt.%CaF2, 10.0 wt.%Na3AlF6) has a melting point (562.2 °C) below the refining temperature. At the refining temperature (760 °C), flux #10 has the lowest contact angle, of 12.78°. In addition, compared to that of flux STJ–A3, currently used in practice, flux #10 has a better refining effectiveness, with the pores and inclusions content of the sample being reduced to 1.11% from 2.96%.