Mechanically alloyed Fe 73.5 Si 13.5 B 9 Nb 3 Cu 1 powders were used as feedstock materials for depositing nano/amorphous coatings by high-velocity oxy-fuel thermal spraying process. Morphology, structure, microstructure, hyperfine, and magnetic properties have been investigated by scanning electron microscopy, energy-dispersive X-ray spectroscopy, X-ray diffraction, Mössbauer spectrometry, and vibrating sample magnetometer. The coating structure consists of bcc Fe(B)-type, bcc Fe(Si)-type, and amorphous phases. The crystallite sizes of Fe(Si) and Fe(B) solid solutions increase after spraying to about (72-82) and (48-81) nm, respectively. The Mössbauer spectrometry results reveal the presence of Fe 2 B boride. The squareness ratio M r /M s and the coercivity values of the coatings decrease with increasing the number of passes.