The invention relates to fitness equipment with an embedded adjusting structure. By the fitness equipment with the embedded adjusting structure, the technical problems that in the prior art, an adjusting rack of fitness equipment is inconvenient to adjust and a brake cable is exposed are solved. The fitness equipment with the embedded adjusting structure comprises handrails, a fixed tube, an adjusting tube, a hand brake and a brake cable, wherein the upper end of the brake cable is connected with the hand brake; the brake cable penetrates in the adjusting tube; an adjusting mechanism is arranged in the lower end of the adjusting tube; the lower end of the brake cable is connected with the adjusting mechanism; and a plurality of adjusting holes by which the adjusting mechanism can be positioned are formed in a wall of the fixed tube. The brake cable is inlaid in the adjusting tube, is not exposed, and cannot be changed along with up-down adjustment of the adjusting tube, and unsafe incidents in a fitness process are avoided effectively; and moreover, the hand brake is not required when the adjusting tube is adjusted upwards, the adjusting tube can move upwards and is positioned after being pulled upwards, when being adjusted downwards, the adjusting tube can move downwards and is positioned with the aid of the hand brake only, and the fitness equipment is quick and convenient to adjust, and is widely well received by body builders.