Fractal　video　compression　is　a　relatively　recent　image　compression　method.　In　this　paper　we　proposed　two　color　video　compression　algorithms　using　fractal　method.　In　first　method　a　color　video　with　RGB　mode　is　firstly　split　into　three　channel　components,　and　then　these　components　are　combined　to　a　long　sequence,　which　is　then　compressed　by　fractal　gray　video　compression　method.　In　second　method　a　color　video　with　RGB　mode　is　converted　to　one　with　YIQ　mode.　Components　Q　and　I　are　shrunk　to　a　quarter　size　of　original　ones　respectively;　and　then　these　components　are　compressed　with　fractal　gray　video　compression　method　respectively.　Experimental　results　show　that　the　first　method　can　get　a　high　reconstruction　quality　and　the　second　one　can　achieve　a　high　compression　ratio　without　perceptible　image　degradation.