Heavy metal ions in chelated forms have aroused great concerns because of their high solubility, poor biodegradation and extreme stability. In this research, an efficient strategy, interior microelectrolysis-Fenton-recycle ferrite (IM-Fenton-RF), was developed to treat simulated electroplating wastewater containing chelated copper at room temperature. The decomplexation of chelated copper was carried out by both interior microelectrolysis and Fenton reactions. IM process can not only partly degrade the complexes of chelated copper via the microelectrolysis reaction but also it produces Fe2+ ions for the Fenton reaction. After decomplexation, the IM-Fenton effluent directly flowed into the RF reactor for copper ions removal. Under optimum reaction conditions (reflux ratio = 0.37, Fe2+ concentration = 9.20 g/L at pH 10.18), 99.9% copper was removed by the IM-Fenton-RF system. The produced IM-Fenton-RF sludge is based on ferrite precipitate and has several advantages over metal hydroxides sludge. Ferrite sludge is stable owing to the stability of ferrite's crystal structure, while the toxicity characteristic leaching procedure (TCLP) test meets relevant standards. The sedimentation rate and volume of ferrite sludge were 3.86 times faster and 11.0 times lower than those of metal hydroxides sludge. Furthermore, the yielding sludge of ferrite can be recovered and utilized for the synthesis of Fe–C metallic species, the main compound of IM packing for interior microelectrolysis reaction. All these results show that a combination of IM-Fenton and RF is an effective approach to treat wastewater containing chelated copper, showing great potential for industrial applications.