In this study, we develop a model for a binary fluid–surfactant system utilizing a coupling of two kinds conservative Allen–Cahn type equations and the Navier–Stokes equations. To ensure mass conservation, we incorporate hybrid Lagrange multipliers into the two Allen–Cahn type equations. Specifically, for the concentration variable, a global correction using a time-dependent Lagrange multiplier is utilized, while for the binary fluid variable, a space–time dependent Lagrange multiplier is applied to minimize the impact of dynamics of motion by mean curvature. We propose a linear second order scheme for practical solution of the model. Computational tests demonstrate that the proposed model is effective for the binary fluid–surfactant system and is capable of preserving the small features of interfaces.