Magvel was the continent which serves as the setting for Fire Emblem: The Sacred Stones. All of the countries in Magvel (except for Carcino) were founded by one of the ancient heroes who sealed away the Demon King.
- Renais: The kingdom of Renais is ruled by King Fado. It is the home of the twin lords Ephraim and Eirika.
- Frelia: The kingdom of Frelia is ruled by Hayden, the venerable Sage King and the father of the pegasus knight Tana and the sniper Innes. Frelia is also home to pegasi which are trained for military purposes.
- Jehanna: The kingdom of Jehanna is ruled by Ismaire, the Queen of the White Dunes. Her son is Joshua, the myrmidon.
- Rausten: The theocracy of Rausten is ruled by Mansel, the Divine Emperor. His heir is his niece L'Arachel, the troubadour. It was founded by the saintly Latona, one of the Five Heroes.
- Grado: The Grado Empire is ruled by Vigarde, the Silent Emperor. His son, the necromancer Lyon, is a good friend of Ephraim and Eirika, who are appalled and confused by Grado's sudden betrayal. Grado is the largest country of Magvel and its eponymous founder, Grado, was the leader of the Five Heroes who stood against the Demon King.
- Carcino: The emerging mercantile republic of Carcino is governed by a council of elders, and, unlike the other nations of Magvel, is more of a democratic-republic than a monarchy or theocracy. It was established more recently than the other nations and is the only nation not founded by one of the Five Heroes.
One possibility could be that the 'vel' in 'Magvel' comes from the 'Vel' in Hindu tradition, a mythical spear wielded by the god Murugan. Also, spears used by the Tamil people of south India were called 'vels.' The 'mag' in 'Magvel' probably refers to 'magic,' but it could also imply 'magna,' which means 'great' in Latin, or to 'magi,' which was the name for the priestly upper class of ancient Persian society.