Composite polyglycidylmethacrylate [poly(GMA)] spherical microparticles capable of responding to magnetic fields were prepared by dispersion polymerization of GMA in the presence of iron oxides. The polymerization reaction was carried out in aqueous alcoholic media (methanol, ethanol, propan-1-ol, and butan-1-ol) using poly(N-vinylpyrrolidone) and 2,2'-azobisisobutyronitrile as a steric stabilizer and initiator, respectively. Quaternary ammonium salt (Aliquat 336) acting as an electrostatic costabilizer favorably affected dispersity. The solubility parameter of the reaction mixture determined the size of the resulting microspheres. In addition to the particle size distribution, the addition of iron oxide to the polymerization medium also caused a shift of the particle size to higher values. The results show that poly(GMA) particles contained up to 25 wt % iron oxide.