The magnetism, band properties and electronic density of states of LiFeAs superconducting thin film with two-dimensional strain are investigated by using the first principles calculations based on density functional theory, and the influences of different strains on the characteristics of superconducting films are analyzed in detail. The results show that the magnetic ground configuration is the striped antiferromagnetic state of nostrained LiFeAs thin film, and the ground structure of this system is unchanged in the range of applied 1%−6% compressive and tensile strain. The density of states near the Fermi level is mainly from the contribution of Fe-3d orbital and a few As-4p electrons. The electron spin exchange coupling between Fe ions is realized by As ions. Furthermore, unlike the case of the nostrain and the tensile strain, with increasing the compressive strain, the localized antiparallel electron spin magnetic moments of Fe ion decrease, the density of states at the Fermi surface improves, and the itinerant electron magnetism of Fe ions increases, which all greatly suppress the antiferromagnetic properties of thin film and enhance the superconducting phase transition temperature. The superconductivity of LiFeAs thin film originates from the Cooper pairs of electrons between the hole-type and electronic-type bands near the Fermi surface through the antiferromagnetic superexchange coupling effect. Instead, the LiFeAs thin film with the tensile strain presents completely opposite properties, that is to say, the decrease of the electronic density of states in the Fermi level brings about the weakening of the metal properties and the increasing of the antiferromagnetic exchange coupling. Particularly, the band structure of hole-type near the Fermi surface disappears, and the occurrence of Cooper pairs of electrons becomes significantly reduced, resulting in the suppressed superconducting phase transition when the LiFeAs thin film is subjected to tensile strain. In addition, the change of antiferromagnetic exchange coupling and magnetic moments of Fe ions are also explained according to the variation of electronic density of states of the Fe-3d energy levels during the distortion of FeAs tetrahedrons due to compressive strain. In brief, our researches provide an effective way to improve the superconducting properties of LiFeAs thin film and may promote the relevant practical applications of iron-based superconductors in the future.