A folding cane with a first shaft member, a second shaft member, a third shaft member, a handle member, a foot member, a first hinge, a second hinge, a first hinge lock assembly and a second hinge lock assembly is disclosed. The handle member is attached to the top of the first shaft member. The first hinge member connects the first shaft member to the second shaft member. The second hinge member connects the second shaft member to the third shaft member. The foot member is attached to the bottom of the third shaft member. The hinge lock assemblies are capable of automatically locking the hinges when the folding cane is deployed to the use position and each hinge lock assembly includes a spring biased slide tab allowing a user to unlock the hinge lock assemblies when wanting to fold the cane into a compact stored configuration.