A multifunctional balance exercise machine, comprising: an exercise equipment with a base frame; a balancing mechanism including a fixing base, a spring, a lower supporting plate, an upper supporting plate, plural elastic columns, a stress loading plate, a motion-tracking sensor, and a loading board; wherein the fixing base is fixed on the base frame, the bottom of the spring is fixed on the fixing base, the lower supporting plate is installed at the top of the spring, the upper supporting plate is fixed to the lower supporting plate by a pivoting center mechanism, and plural elastic columns are arranged between the stress loading plate and the upper supporting plate, the motion-tracking sensor arranged on the top edge of the upper supporting plate has sensor and transmitter built-in, the loading board is fixed on the top of the stress loading plate; an electronic control device provided on the exercise equipment and including a power control unit, a first display unit, and a processor unit loaded with motion sensing game program; whereby when the fitness user stands on the loading board, the user body weight and the stress applied by feet transmit to the elastic column and the spring via the loading board, cause the elastic column and the spring to be compressed or stretched, and force the loading board to oscillate thereby achieving the effect of balance exercise; the motion-tracking sensor being furthermore configured to transmit the signal of oscillation data to the wireless receiving unit, the processor unit being configured to operate the data, and to present the image of the motion sensor game via the first display unit to achieve entertaining effect of virtual reality game. an exercise equipment with a base frame; a balancing mechanism including a fixing base, a spring, a lower supporting plate, an upper supporting plate, plural elastic columns, a stress loading plate, a motion-tracking sensor, and a loading board; the fixing base is fixed on the base frame, the bottom of the spring is fixed on the fixing base, the lower supporting plate is installed at the top of the spring, the upper supporting plate is fixed to the lower supporting plate by a pivoting center mechanism, and plural elastic columns are arranged between the stress loading plate and the upper supporting plate, the motion-tracking sensor arranged on the top edge of the upper supporting plate has sensor and transmitter built-in, the loading board is fixed on the top of the stress loading plate; an electronic control device provided on the exercise equipment and including a power control unit, a first display unit, and a processor unit loaded with motion sensing game program; whereby when the fitness user stands on the loading board, the user body weight and the stress applied by feet transmit to the elastic column and the spring via the loading board, cause the elastic column and the spring to be compressed or stretched, and force the loading board to oscillate thereby achieving the effect of balance exercise; the motion-tracking sensor being furthermore configured to transmit the signal of oscillation data to the wireless receiving unit, the processor unit being configured to operate the data, and to present the image of the motion sensor game via the first display unit to achieve entertaining effect of virtual reality game.