| Name | KR Name | Group | Description |
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| Mercenary Uniform (Female) | 용병 수련복 코스튬(여) | Premium | The uniform given to trainee mercenaries. Use to change your appearance. |
| Mercenary Uniform (Male) | 용병 수련복 코스튬(남) | Premium | The uniform given to trainee mercenaries. Use to change your appearance. |
| Merchant Golden Anvil Box | 장인의 황금 모루 상자 | Premium | A box containing 5 Shining Gold Anvils. Right-click to use and obtain the items. |
| Merchant's Magic Detector | 상인의 마력 탐지기 | Quest | A compass borrowed from a merchant, useful in finding a tool able to open a magically-locked chest. It points to nearby magic objects. |
| Mergen Costume | 메르겐 코스튬 | Armor | The purpose of Mergen attire in its culture of origin continues to be unknown in the kingdom. So far, the Mergen Master has provided no clues to this mystery. |
| Merlog Sample | 메로그 표본 | Quest | Merleech Sample |
| Merog Heart | 메로그의 심장 | Material | Not used as a food, but often used for magic research.
Obtained from Merogs. |
| Merog Shaman Gem | 메로그 주술사의 젬 | | A gem that can be found in a dungeon. It is able to enhance equipment by equipping it in a socket. Cannot be used with same effect simultaneously. Right-click to insert it to an equipment. |
| Merog Stinger Gem | 메로그 독침술사의 젬 | | A gem that can be found in a dungeon. It is able to enhance equipment by equipping it in a socket. Cannot be used with same effect simultaneously. Right-click to insert it to an equipment. |
| Mersumma Thorn | 메슘마 가시 | Quest | Mersumma Thorn |
| Message from Mesafasla | 메사파슬라로부터의 서신 | Quest | A message from the Mesafasla army to the Stogas squad. |
| Messenger's Note | 심부름꾼의 쪽지 | Quest | The messenger's note. He told you not to read it but... Should we? |
| Metal Detector | 금속탐지기 | SubWeapon | |
| Meteor | 메데오르 | Armor | It would cure you with a probability higher than getting hit by a meteor. |
| Meteor Rod | 미티어 로드 | Weapon | In reality, this has nothing to do with astronomy. However, this equipment should not be taken lightly. |
| Miao Hair Ornament | 묘족두식 | Armor | An elaborate ornament that is the identifying marker of the Wugushi. Its distinctive feature is the bullhorn design in the center. |
| Mien Boots | 미엔 부츠 | Armor | There is a story that the first person who received these shoes was an unlucky disciple of Agailla Flurry. It is unsure if Jane died by the demons due to this reason. |
| Migantis Bow | 미간티스 보우 | Weapon | There is strong magic flowing through this bow, but no known way to awaken it; it is, for now, a dormant bow. |
| Migantis Cannon | 미간티스 캐논 | SubWeapon | There is strong magic flowing through this cannon, but no known way to awaken it; it is, for now, a dormant cannon. |
| Migantis Crossbow | 미간티스 크로스보우 | Weapon | There is strong magic flowing through this crossbow, but no known way to awaken it; it is, for now, a dormant crossbow. |
| Migantis Pistol | 미간티스 피스톨 | SubWeapon | There is a peculiar magic flowing through this pistol, but no known way to awaken it; it is, for now, a dormant pistol. |
| Migantis Rod | 미간티스 로드 | Weapon | There is strong magic flowing through this rod, but no known way to awaken it; it is, for now, a dormant rod. |
| Migantis Sword | 미간티스 소드 | Weapon | There is a peculiar magic flowing through this sword, but no known way to awaken it; it is, for now, a dormant sword. |
| Migantis Two-handed Mace | 미간티스 투 핸드 메이스 | Weapon | There is a peculiar magic flowing through this mace, but no known way to awaken it; it is, for now, a dormant mace. |
| Migantis Two-handed Sword | 미간티스 투 핸드 소드 | Weapon | There is a peculiar magic flowing through this two-handed sword, but no known way to awaken it; it is, for now, a dormant sword. |