The catalytic activity and selectivity of metal loaded H-mordenite for toluene disproportionation was studied in a continuous flow fixed bed reactor under high pressure. Nickel loaded H-mordenite(T-NiMo) catalyst also showed high activity and suppressed coking of hydrocarbons. The selectivity of T-Ni and T-NiMo catalysts were lower than that of T catalyst(commercial grade). The performances of T-Ni and T-MiMo catalysts were better than T catalyst in terms of initial activity and its decay. The addition of Mo improved slightly stability of T-Ni catalyst.