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We studied the magnetic properties of Co nanowires electrodeposited in polycarbonate membranes as a function of the electrodeposition and template parameters. We showed the response of the current as a function of time, for nanowires prepared in various conditions. X-ray diffraction measurements indicate that nanowires have polycrystalline hcp structure with small addition of fcc phase. Magnetic properties analyzed by SQUID measurements suggest that easy axis of magnetization follows the nanowire axis with coercivity increasing with a decrease of nanowire diameter and length. The largest coercivity, equal to 850 Oe, was obtained for nanowires with the diameter of 30 nm and the length of 1.5 μm. We find the coercivity to be insensitive to pH value. Low electrodeposition temperature, low cathodic potential, and medium pH are the synthesis parameters most beneficial for large coercivity and/or magnetic anisotropy with easy axis along nanowires. [ABSTRACT FROM AUTHOR]