A dip stand intended for use as a home strength training machine to perform dips such as chest dips and tricep dips. The stand is made of rigid tubing formed as a continuous loop. The loop includes a pair of generally parallel base segments to be supported on a floor surface, each of the base segments having a first end and a second end; and a pair of arches extending upwardly from the base segments, one of the arches extending upwardly from the first ends of the base segments and the other of the arches extending upwardly from the second ends of the base segments. Each of the arches includes an upper generally horizontal grip segment.