The metastable dual-phase non-equiatomic Fe50Mn30Co10Cr10 high entropy alloy (HEA) was successfully prepared via laser melting deposition (LMD) technique. The phase composition, microstructure and mechanical performance were systematically characterized at different sections of LMDed HEA samples. The as-printed HEA specimens were dominated by FCC γ phase, plate and needle-like HCP ε phase, and high density stacking faults and dislocations were observed at high magnification. The as-printed samples exhibited anisotropic mechanical properties, together with the maximum ultimate tensile strength of 760 MPa and maximum elongation of 28%. The fracture surface along X and Z directions exhibit smooth curve shape, while the fracture surface along Y direction shows saw tooth shape, indicating the boundary of melt pool is weakly bounded. After deformation, the deformation bands were observed in the FCC matrix, showing that the plastic strain was controlled by FCC γ phase. In addition, stacking faults, dislocation increase significantly owing to the formation of stacking fault is caused by sliding of Shockeley partial dislocation, and the stacking fault is the core of HCP martensite nucleation.