A composite catalyst with a novel construction of bimetallic phosphide FeNiP nanoparticles embedded in an N,P double-doped carbon matrix was prepared. It was demonstrated to be a trifunctional catalyst that can efficiently catalyze the oxygen reduction reaction (ORR), oxygen evolution reaction (OER) and hydrogen evolution reaction (HER). It was found that the introduction of oleylamine during the preparation can adjust the catalytic sites and finally lead to ideal catalytic performances. The obtained catalyst exhibited efficient ORR catalytic performance that surpassed the commercial Pt/C catalyst, with the OER performance comparable to that of RuO2 as well as excellent HER performance. The ORR half-wave potential is 0.879 V (vs. RHE) in 0.1 M KOH solution, while the OER overpotential at a current density of 10 mA cm-2 is only 280 mV in 1 M KOH solution. The potential gap between the ORR and OER was only 0.700 V in 0.1 M KOH solution. This trifunctional catalyst was further evaluated in energy devices including zinc-air batteries and water electrolysis. The liquid zinc-air battery assembly achieved a power density of 169 mW cm-2 and stably undergoes charge-discharge cycles for 210 hours. The solid-state zinc-air battery achieved a power density of 70 mW cm-2 and stably undergoes charge-discharge cycles for 40 hours. These performances surpassed the batteries assembled with a Pt/C-RuO2 mixed catalyst. This work established a foundation of composite catalysts coupled with bimetallic phosphide and hybrid carbon substrates, which will promote the development of high-performance multifunctional catalysts and their application in energy devices.