A series of Ti₄₀Zr₂₅Cu₉Ni₈Be₁₈)_100-xTM_x (x = 0, 1, 2, 3, 4 at.%, TM = Nb, Y) Bulk amorphous alloys were designed and prepared using the copper mold casting method. The microstructures, glass forming ability and mechanical properties of the alloys were investigated by means of X-ray diffractometry (XRD), scanning electron microscopy (SEM), transmission electron microscopy (TEM), differential scanning colorimetry (DSC), depth-sensitive nanoindentation and uniaxial compressive test. The Bulk amorphous alloys with different ductility were investigated by measuring their plastic deformation energy (PDE) of the first pop-in events during loading. The relationships between the PDE value, shear band formation and ductility in Bulk amorphous alloys have been investigated. The results show that the PDE value decreases by the Nb addition and promotes the generation of multiple shear bands easily, which increase the fracture strength and plasticity significantly. Substituting Nb with Y has exactly the reverse effect. A useful rule for preparing of Bulk amorphous alloys with high plasticity is herein proposed, whereby the chemical composition of the Bulk amorphous alloys can be tailored to possess a lower PDE value.