Disclosed herein is an erosion and corrosion resistant coating comprising a metallic binder, a plurality of hard particles, and a plurality of sacrificial particles. Also disclosed is a method of improving erosion and corrosion resistance of a metal component comprising disposing on a surface of the metal component the foregoing erosion and corrosion resistant coating comprising, and a metal component comprising a metal component surface and the foregoing erosion and corrosion resistant coating comprising a first surface and a second surface opposite the first surface, wherein the first surface is disposed on the metal component surface.