The invention discloses a stand dynamic and static balance exercise device, which is characterized by comprising a frame and a main rod, wherein the frame is fixedly provided with a lower panel, a positioning device and a base device; and the upper end of the main rod is connected with a panel device, while the lower end is connected with the base device. The patient stands on the lower panel and holds a panel on a panel frame with hands, and a positioning disk is lifted through the motion of a brake device, so that a spindle is unlocked. When the patient tilts, the panel frame is driven to tilt, and drives the main rod and the spindle to rotate around a universal joint, the positioning device and other parts realize the mechanical protection restriction function on a tilting range, and a controller controls the motion track of the patient, so that the aim of exercising dynamic balance of the patient is fulfilled. The lower panel is near to the ground, so that the stand dynamic and static balance exercise device is convenient and safe to use, and has the effect of recovering the balance feeling of the patient.