| Name | KR Name | Group | Description |
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| Mihail's Review | 미하일의 감상평 | Book | A review by Revelator Mihail, can be obtained as a part of a collection. |
| Miko Unlock Voucher | 무녀 클래스 해금권 | Premium | Use to unlock the Miko class after reaching Rank 6. Right-click to use. |
| Mind Fedimian Chain | 마인드 페디미안 체인 | Armor | Handicrafts from Fedimian have had a strong reputation for hundreds of years. You can feel the difference when you compare them to non-Fedimian items. |
| Mine Vubbe Archer Gem | 광산 부베 궁수의 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. |
| Miner Hammer | 마이너 해머 | Weapon | When properly refined, work tools can become weapons. There is no need to carry both a weapon and a tool into the depths of a mine. |
| Minos Archer Gem | 미노스 궁수의 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. |
| Minotaur Shield | 미노타우로스 실드 | Armor | It is still unknown how monsters obtained this shield. |
| Mint Chocolate Cupcake | 민트초코컵케이크 | Armor | A costume for the hair slot.{nl}Right-click to equip. |
| Mint Freshman School Uniform (Female) | 새내기 민트 교복 코스튬(여) | Premium | Look minty fresh and ready for school. Use to change your appearance. |
| Mint Freshman School Uniform (Male) | 새내기 민트 교복 코스튬(남) | Premium | Look minty fresh and ready for school. Use to change your appearance. |
| Mirror of Truth | 진실의 거울 | Material | Required in order to use the Gender Switch skill. |
| Mirror of Truth | 진실의 거울 | Quest | A mirror said to show the true identity of those that are reflected upon it. |
| Mirtis Helmet | 미르티스 투구 | Armor | A helmet previously used by Mirtis. |
| Mithril Ore | 미스릴 광석 | Material | A shining, silvery ore. Since it contains magic power, it is used for crafting powerful equipment. |
| Mittaharyn Grass | 미타하린 풀 | Quest | Grass that will make Gosaru saliva even more acidic. |
| Mittelly Herb | 미탤리 약초 | Quest | A herb that is good for reducing any paralytic affects. Priest Lintas would appreciate any that you can find. |
| Moa Feather | 모아 깃털 | Material | Obtained from Moa in the Fedimian Suburbs. |
| Mochia Stems | 모치아 줄기 | Quest | An incense that can lead one to the memories of the spirits. Used for the Scroll of the Dead. |
| Moglan Shell | 모글란 껍질 | Material | Material obtained from monsters.
Used for crafting. |
| Moldyhorn Card | 몰디혼 카드 | Card | [Card Equip Effect] Increases damage against petrified enemies by [{img star_mark 20 20}]% |
| Molich Card | 몰렉 카드 | Card | [Card Equip Effect] Block +[{img star_mark 20 20}*2] |
| Molich Cube | 몰렉의 큐브 | Cube | It seems to contain something unknown.
Right-click to use. |
| Monk Dorma's Holy Water | 수도사 도르마의 성수 | Quest | The water will react to the demons if this is actually holy water as Monk Dorma suggested. |
| Monster Gem Box: Rank 2 (Wizard, Archer) | 몬스터 젬 상자:2랭크(마법사,궁수) | Drug | Contains one random material item.
Possible items include Monster Gems for Pyromancer, Cryomancer, Quarrel Shooter, and Ranger classes. |
| Monster Hand | 몬스터의 손 | Quest | A sack holding a monster's hand |