Present invention teaches tool rest system having a magnetic base and a height-and-angle adjustable arm with a platform situated at the top portion of the arm, for working on the surface of a welding table with ferromagnetic attribute. An anti-tipping plate provides the anti-tipping power when a large or heavy load is placed upon the platform on the arm that is adjustable by two screws. Additional features of cable hanger and storage box adds to the convenience of use for welding work.