The invention describes a dynamic control circuit (1) realized for connection in series with an LED arrangement (2), characterized by a first switching element (Q1) realized to provide a path for the LED current (ILED), and a monitoring arrangement (M) realized to control the first switching element (Q1) according to the level of the LED current (ILED) SO that the dynamic control circuit (1) presents a series impedance (Zdyn), which series impedance (Zdyn) gradually increases in response to a decreasing LED current (ILED) through the LED arrangement (2). The invention also describes a dimmable lighting arrangement (10) comprising an LED arrangement (2); a driver (3) realized to provide an input voltage (Vin) and an input current (ILED) to the LED arrangement (2); and such a dynamic control circuit (1) connected in series with the LED arrangement (2). The invention further describes retrofit LED light-bulb (100); and a method of driving an LED arrangement.