The invention relates to a Fe-based amorphous 
alloy. The percentage content of Fe atoms in the Fe-based amorphous 
alloy ranges from 81.8 to 84.3, and the Fe-based amorphous 
alloy has a 
saturation magnetic induction intensity being larger than or equal to 1.61 T, and / or a coercive force being less than or equal to 5 A / m. The formula of the Fe-based amorphous alloy is FeSiB<c>P<d>C<e>M<f>, wherein M is one or more inevitable 
impurity elements in the raw materials; a, b, c, d, e and f respectively represent the atom percentage contents of all the corresponding components; and the sum of a, b, c, d, e and f is 100. The Fe-based amorphous alloy has the advantages of high 
saturation magnetic induction intensity and other good magnetic properties on the premise of meeting the requirement of strong amorphous forming ability for preparation of wide-width strips through 
planar flow casting and rapid 
quenching. The maximal thickness of an alloy wide-width strip sample reaches 81 [mu]m. In addition, the alloy does not contain nonmagnetic metallic elements, is suitable for being produced by industrial-purity raw materials, is simple in preparation method, and has the 
advantage of low manufacturing cost. The alloy strip sample has very good 
ductility before and after heat treatment, and can be folded by 180 degrees without fracture when reaching the optimal magnetic property.