Fe-based amorphous magnetic alloys offer new opportunities for magnetic sensors, actuators and magnetostrictive transducers due to their high saturation magnetostriction (λs = 20–40 ppm) compared with that of amorphous Co-based alloys (λs = −3 to −5 ppm). Due to the conventional production limitations of Fe-based glassy alloys, including dimensional limitations and poor mechanical properties, this has led to a search for novel fabrication techniques. Recently, the laser powder bed fusion (LPBF) technique has attracted attention for the production of Fe-based magnetic bulk metallic glasses (BMGs) as it provides high densification, which brings about excellent mechanical properties, and high cooling rate during the process. Optimization of process parameters in the LPBF technique have been studied using the volumetric energy input (E), which includes the major build parameters; laser power (P), scan speed (v), layer thickness (t) and hatch spacing (h). This study investigates how the major process parameters influence the physical and magnetic properties of LPBF-processed Fe-based amorphous/nanocrystalline composites ((Fe87.38Si6.85B2.54Cr2.46C0.77 (mass %)). Various process parameter combinations with P (90, 100, 120 and 150 W) and v (700, 1000 and 1300 mm/s) were applied with t of 30, 50 and 70 µm and h of 20, 30, 40, 50 and 60 µm. It was found that bulk density improves as P and t increases, v and h decreases, i.e., high E is necessary, however, 99.45% of bulk density was achieved with E of 61.22 J/mm3 (P = 150 W, v=700 mm/s, h=50 µm and t = 70 µm), which indicates the importance of understanding how parameters affect the specific materials. In addition, the magnetic properties differ significantly due to the nanocrystalline phases present in the microstructure, with their size depending on the process parameters considerably. Owing to the laser scanning nature, the microstructure evolves as molten pools (MP) and heat affected zones (HAZ) due to the high thermal gradient that occurred between laser tracks. MP form around the scans, containing α-Fe(Si) nanograins mainly, whereas HAZ generally contains Fe2B and Fe3Si nanocrystalline clusters. The size and quantities of those nanocrystallites determine the magnetic properties. With the same E (60 J/mm3), v (1000 mm/s) and t (50 µm), only changing P and h caused samples to have different saturation magnetization; 206 emu/gr (P: 90 W and h: 30 µm) and 150 emu/gr (P: 150 W and h: 50 µm). In general, the saturation magnetisation, Ms of LPBF-processed samples changes between 130 and 206 emu/gr, which is much higher than that of feedstock powder (102 emu/gr) due to their nanocrystalline structures. The coercivity (Hc) is in the range of 14.55 and 34.68 Oe, which is considered high for soft-magnetic behaviour (Hc ≤ 12.5 Oe), resulting from the larger crystallite size and the presence of defects (pores and cracks) in the microstructure.