Based on the strong adsorption of the diphosphate group to Fe and Al ions, first, the Fe 3 O 4 and Al (OH) 3 nanoparticles were modified by alendronate sodium (ALN), and organic phosphorus coated nanoparticles (Fe 3 O 4 -ALN and Al (OH) 3 -ALN) with the active group ─NH 2 were prepared. Novel [xFe 3 O 4 -2xAl(OH) 3 ]/waterborne polyurethane nanocomposite with superparamagnetism and excellent flame retardancy were prepared by in situ polymerization. The experimental results showed that when the content of Fe 3 O 4 -ALN increased, the M s increased. And the saturation magnetization reached 14.35 emu/g when the Fe 3 O 4 -ALN content was 10 wt%. The nanoparticle network formed by Fe 3 O 4 and Al (OH) 3 can prevent the melting deformation of waterborne polyurethane (WPU) composite film and reduce the burning area. And the dual physical protective layer formed by nanoparticle network and char layer can prevent the combustible gas contacting with oxygen and giving off combustion heat, which effectively reduced the heat and smoke gas release. When the content of xFe 3 O 4 -2xAl(OH) 3 was 20 wt%, the oxygen index of the composite was 28.4%, and the flame retardancy of nanocomposite was classified as V-0 rating in the UL-94 test. KEYWORDS flame retardancy, magnetic properties, waterborne polyurethane, xFe 3 O 4 -2xAl(OH) 3