A machine for making and dispensing iced food products such as granitas, slush drinks and the like comprises: at least one closed and sealed chamber (3) for containing and processing the product to be dispensed; a corresponding tank (23) for feeding the basic ingredients needed for obtaining the product to be dispensed; a connecting pipe (24) between an outlet (25) of the tank and the inlet (26) of the chamber (3); and a flow meter (27) positioned along said pipe (24).