There are eleven masters in Legend of the Red Dragon, one for each level (excluding Level 12, where the Red Dragon becomes the de facto master). To advance a level, you have to beat your master. The eleven masters are:
| Master | Experience Needed to Fight | Master's HP | Master Strength | Weapon |
|---|---|---|---|---|
| Halder | 100 | 30 | 15 | Short Sword |
| Barak | 400 | 40 | 17 | Battle Axe |
| Aragorn | 1,000 | 70 | 35 | Twin Swords |
| Olodrin | 4,000 | 120 | 70 | Power Axe |
| Sandtiger | 10,000 | 200 | 100 | Blessed Sword |
| Sparhawk | 40,000 | 400 | 150 | Double Bladed Sword |
| Atsuko Sensei | 100,000 | 600 | 250 | Huge Curved Blade |
| Aladdin | 400,000 | 800 | 350 | Shiny Lamp |
| Prince Caspian | 1,000,000 | 1,200 | 500 | Flashing Rapier |
| Gandalf | 4,000,000 | 1,800 | 800 | Huge Fireballs |
| Turgon | 10,000,000 | 2,500 | 1,200 | Able's Sword |
| The Red Dragon | 10,000,000 | 15,000 | 2,000 | Huge Claw/Stomping the Ground/Swishing Tail/Flaming Breath |