The vibration and stability of spinning viscoelastic Y-shaped bifurcated nanotubes conveying fluid in complex environments by considering additional concentrated masses and springs are studied based on the nonlocal strain gradient theory (NSGT). A detailed investigation is also performed to clarify the effect of influential parameters such as Knudsen number, magnetic nanoflow, scale parameter ratio, spin speed, fluid velocity, downstream bifurcation angle, viscoelastic coefficient, attached springs, localized masses, boundary conditions, and magneto-hygro-thermal environments on the system dynamics. The size-dependent dynamical equations of the system are derived utilizing Hamilton’s principle. The Galerkin discretization scheme is adopted, and the eigenvalue problem is numerically solved. Campbell diagrams, forward and backward frequencies, divergence and flutter instability maps are acquired. Besides, the static instability threshold of the system is determined analytically. Results revealed that although the magnetic nanoflow has a decreasing effect on system vibrational frequencies, it delays the occurrence of the dynamical instability and prevents the buckling phenomenon. It is demonstrated that by considering simultaneous stiffness-softening effects induced by nonlocality and hygro-thermal environments, the flutter instability could occur instead of divergence condition in the system stability evolution. The present modeling and results could be applied as a benchmark for the performance improvement of innovative bi-gyroscopic nanofluidic devices.