We optimized the alloy compositions by modifying the Nb content in [(Fe0.5Co0.5)0.75B0.20Si0.05]100-xNbx(x=3.6–4.4) alloy system. As a result, it was found that the Nb content of 4.3 at. % was effective for approaching alloy to a eutectic point. By copper mold casting, [(Fe0.5Co0.5)0.75B0.20Si0.05]95.7Nb4.3 bulk glassy alloy rods with diameters up to 4 mm were successfully synthesized even using commercial raw materials. These glassy alloys exhibit a rather high saturation magnetization of 0.77 T and low coercive force of 2.5 A/m.