A Exercise Pool is disclosed herein having a rigid frame modular in design to allow for improved delivery and assembling. As shown the system may be configured with a box like structure providing containment of the flow head and may be configured with a removable deck having an air gap built in. As disclosed the treadmill swimming pool system as its general configuration is safer for users as it inhibits and/or eliminates hair and body entrapment. As disclosed it has a balanced flow which better replicates or reproduces actual swimming conditions for an enhanced user experience. The propulsion system may be controlled with a variable frequency drive (VFD) to allow for improved swimming conditions and control of same.