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Magnus
Unlocked by completing story mode one time through with Enimia
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Mariposa
Unlockable for Arcade and Vs Modes upon defeat in Story Mode.
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Medik
Playable by default in versus mode, playable with code in 1P mode.
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Merkuar
Second (last) boss. Unlocked by beating Tournament mode on Normal.
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Michael
From Mysterious Adventure of Michael.
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Mizuchi
Appears based on overall performance.
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Moloch
Unavailable in GameBoy Advance version.
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Monster Joe
Extra CPU character for the Martial Arts style
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