A hinged ankle brace including a foot bed member and an ankle cuff which are hinged together by flexible joint members. The flexible joint members yieldably resist hinged movement between the foot bed member and the ankle cuff in a plantarflexion and dorsiflexion direction. Disc-shaped spacer-washers are positioned at the outer sides of the flexible joint members. The design of the upper ends of the medial and lateral wings of the foot bed member and the ankle cuff permits a limited amount of inversion and eversion movement between the foot bed member and the ankle cuff. The flexible joint members and the spacer-washers also permit a limited amount of inversion and eversion between the foot bed member and the ankle cuff.