An electronic candle (10) which simulates a flickering flame is provided. The candle (10) includes a hollow shell (12), a light-emitting element (18) such as an LED and a cap member (20) having the contour of a burning flame covering the light-emitting element (18). An electromagnet is provided to swing the light-emitting element (18). The electromagnet is mounted on a bracket (26) and receives an alternating current. A holding member (40) has a dead weight (52) at one end and the light-emitting element (18) at the other end. A permanent magnet (54) is attached to the bottom of the dead weight (52) such that when an alternating current is applied to the electromagnet it creates a magnetic field for acting on the permanent magnet (54) causing the holding member (40) to swing along an axial direction of the bracket (26). The electromagnet, bracket, dead weight, holding member and permanent magnet are concealed inside the shell (12) with a neck (46) of the holding member (40) to which the light-emitting element is affixed extending out the top end (16) of the shell (12).