Glass-coated Fe 76.5−x Cu 1 Nb x Si 13.5 B 9 (x = 0, 1, 2, 3, 3.5) fibers were successfully fabricated by a modified Taylor method. The fibers showed circular morphology and smooth surface with different diameters. The mechanical properties of the fibers were evaluated and the Weibull statistical analysis has been introduced to characterize the strength reliability of the fibers, with the modulus m of the amorphous fibers reaching above 20. The magnetic properties were also studied. Lower coercivity was found for the fibers with amorphous, nanocrystalline, and microcrystalline structures rather than that for the coarse crystalline ones. The glass-coated FeCuNbSiB amorphous fibers have excellent comprehensive performance compared with the other kind of fibers.