| Toad | |
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| Sprite(s) | 
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| Gender | Male |
| Race | Human |
| Nationality | Xenobia |
Toad, also known as The Merchant Toad, is a shady merchant in Ogre Battle: The March of the Black Queen. The rebels did not deal much with Toad because of the nature of his merchandise and his business practices being unreputable. He was known to buy items and sell it back to the original owner when they realize its true value, often for twice as much.