Fe 74:5Àx Cu x Ta 3 Si 13:5 B 9 nanocrystalline ribbons with appropriate Cu contents can be prepared without annealing processes. The Fe 74:5Àx Cu x Ta 3 Si 13:5 B 9 as-quenched ribbons with lower Cu contents (x 1:5) consist of amorphous structure. The nucleation of -Fe(Si) enhances with the increase of Cu content. An optimal Cu addition for obtaining the largest permeability, smallest saturation magnetostriction and largest magnetoimpedance occurs at x % 3. For as-quenched ribbons with high Cu contents (x ! 3:5), soft magnetic properties deteriorate due to the drop of nucleation of -Fe(Si) and the precipitation of Fe-B phases. For as melt-spun Fe 71:5 Cu 3 Ta 3 Si 13:5 B 9 (x ¼ 3) nanocrystalline ribbon prepared with wheel speed of 40 ms À1 , the average grain-size of -Fe(Si) is about 10.5 nm, the initial permeability 0 is about 35000, the saturation magnetostriction s is less than 1 Â 10 À6 , and the maximum value of magnetoimpedance ÁZ=Z 0 under a field of 7162 A/m is À12:88% at 2 MHz.