Microstructure and soft magnetic properties of bulk amorphous and/or nanocrystalline Fe73.5Cu1Nb3Si13.5B9(Finemet) alloys prepared by consolidation at a ultra-high pressure (5.5GPa) were investigated in this paper. The relative density of the bulk sample 1 (from amorphous powders) was 98.5% and the grain sizes were about 10.6nm. While the relative density and grain sizes of bulk sample 2 (from nanocrystalline powders) are 98% and 20.1nm, respectively. Particularly, the bulk samples exhibited a good combined magnetic property: for Sample1, Ms=125emu/g and Hc=1.5Oe; for Sample2, Ms=129emu/g and Hc=3.3Oe. The success of synthesizing the nanocrystalline Fe-based bulk alloys will be encouraging for the future development of bulk nanocrystalline soft magnetic alloys.