Abstract: An amorphous alloy for use in magnetic heads having the following composition formula:(Fe.sub.1-a, Co.sub.a).sub.100-b (Si.sub.c,B.sub.d).sub.bwherea=0.93-0.95b=23-27 atomic %c/c+d)=0.55-0.65.Cr and Ru may be desirably added to the amorphous alloy for improving the corrosion and abrasion resistance. Further, secondary phase particles may be dispersed in the alloy matrix for improving the effective magnetic permeability, particularly, at high frequency region.