In order to study the yield type of the link, the axial force of the column and the post-earthquake replacement link on seismic performance of replacement eccentrically braced steel frame, the pseudo-static cyclic loading tests of four replaceable eccentrically braced steel frames were carried out. The hysteretic curves, the stiffness degradation, the ductility coefficient and the strain of specimens were investigated to evaluate the seismic performance. Results show that the yield type of the link is one of the important factors affecting the seismic performance of the replaceable eccentrically braced steel frame, the bearing capacity, the ductility and the energy dissipation capacity of the specimens with shear type is higher than that of bending type. The initial stiffness and the ductility coefficient of the structure decrease with the increase of the axial force of the column. Compared with the original model, only the energy dissipation capacity of the model of replacing the link after the earthquake is decreased, while the other performance did not change much which indicates that the structure has good replaceability. Through the corresponding strain analysis, it is found that until the end of the test, most areas are still in the elastic status except the link, which indicates that the link as the first seismic defense line can protect other members.