This paper puts forward an intelligent single-plane biaxial balance monitor system, which is used in ultra-precision grinding. It adopts the method of single-plane balance correction for the vibration of wheel and workpiece. And this system can also be used for integral balance. For ultra-precision grinding, caused by the mutual influence of the vibration of wheel and workpiece, there will be a ripple on the workpiece surface, which is mainly influenced by the frequency ratio of wheel to workpiece, the feed rate and the vibration of wheel and workpiece. This system can improve the machining accuracy, reduce the surface error of workpiece and appraise the integrated machining result, by analyzing the vibration data of wheel and workpiece and adjusting machining parameters.