A double loop exercise strap that includes both an outer strap anchored to a fixed object (e.g., a wall, rail or other fixed platform) and an inner strap that wraps firmly around a limb, extremity (e.g., hand or foot) or torso of the human body. The inner strap has two ends, a fixed end that may advantageously be sewn or attached to the outer strap and a free end that wraps around the human limb, extremity or torso and is threaded through an outer strap slot before being attached to the outside of the outer strap using VELCRO™, buckles or other types of fasteners to thereby create a closed double loop system.