Mg65Cu20Y10Ag5 Amorphous/ nano ZrO2 composites alloy powder were fabricated through the combination method of melt spinning and mechanical alloying (MA). The melt spun amorphous matrix ribbons are ground into powders and mixed with 3 vol.% ZrO2 nano particles in the planetary mill. After then formed by hot pressing in Ar atmosphere under the pressure of 700 MPa at the temperature of soft point which measured by TMA (Thermal mechanical Analysis). The hot-pressed bulk composite specimens are compression tested at different temperature within the supercooled temperature region. The flow stress was found decrease with increasing temperature dramatically when the temperature exceeds the middle temperature of supercooled region. The specimens after compression test were examined by X-ray diffractometry and SEM to investigate its crystallinity and fracture mechanism.