The glass forming ability (GFA) and magnetic properties for Fe48-x Co27Zr3Nd (x) B-22 (x = 0-6) alloys were investigated. It was found that the proper addition of Nd (4-5 at.%) was very effective in improving GFA. The as-cast Fe44Co27Zr3Nd4B22 and Fe43Co27Zr3Nd5B22 alloys exhibited good soft magnetic behavior, while showed hard magnetic property after annealing at 760 A degrees C for 10 min. Bulk permanent magnets were obtained from crystallization of amorphous alloys, which could provide a promising way for the bulk magnet produced by the simple process of copper mold casting and subsequent heat treatment.