The dual amorphous phase bulk metallic glasses (DAPBMGs) contain two distinct amorphous alloys in order to bring together all the favorable properties of each phase. A viable method for obtaining dual bulk amorphous alloys is powder metallurgy. A Zr/Fe DAPBMG were successfully prepared by hot-pressing of Zr –based and Fe –based glassy alloy powder in different volumetric proportions. The samples obtained were structural investigated by scanning electron microscopy and X-Ray diffraction. Magnetic properties were determined using hysteresis graph of integrator fluxmeter type. It was found that with increasing the volume ratio of the Fe-based alloy decreases the coercivity and increases saturation magnetization