Recently, (Fe-Co)-B-Si-Nb bulk metallic glasses (BMGs) were produced. Such BMGs exhibit high glass-forming ability (GFA) as well as good mechanical and magnetic properties. These alloys combine the advantages of functional and structural materials. The soft magnetic properties can be enhanced by nanocrystallization. To force the nanocrystallization, small content of Cu was added to the starting composition. In this article, {[(Fe 0.5 Co 0.5 ) 0.75 -Si 0.05 B 0.20 ] 0.96 Nb 0.04 } 100-x Cu x glassy alloys (x = 1, 2, and 3) were chosen for investigation. The GFA and the thermal stability of these alloys were evaluated. The effects of crystallization during heat-treatment processes on the phase evolution and the magnetic properties, including M s , H c , and T c , in these alloys were investigated. The phase analyses were done with the help of the X-ray diffraction patterns recorded in situ by using the synchrotron radiation in transmission configuration.