The invention discloses iron-based amorphous alloy powder capable of forming an amorphous alloy coating, and a method for preparing an amorphous coating. The amorphous alloy powder is taken as a raw material, and a complete amorphous coating is prepared by a cold spray method. The alloy powder mainly comprises Fe, Cr and Mo, can contain one or more of Ni, Co, Mn, Si, Re, Al, Cu, Nb, Zr, Ti, C, B and other elements, wherein Fe, Cr and Mo account for over 70 atomic percent of the alloy. The component has a wide supercooled liquid region and high amorphous forming capacity, amorphous powder can be obtained by an atomization powdering technology. In the process of preparing the amorphous alloy coating by the cold spray method, an inert gas such as nitrogen, helium and the like or a mixed gas of the nitrogen and helium is taken as a powder feeding gas and a powder accelerating gas, the temperature T of the inert gas is less than 700DEG C, and the powder feeding pressure P is 1-6MPa. The coating has a great application prospect in the fields such as wear resistance, corrosion resistance, radiation protection and the like.