The present invention discloses an electronic fountain candle, comprising a candle body, wherein a chamber is formed in the candle body, a stepped water storage tank is arranged in the chamber, and a cover plate is connected to steps of the water storage tank; a first through hole and a plurality of second through holes are formed in the cover plate, a top of the first through hole is higher than an upper surface of the cover plate, a plurality of first light emitting diodes are arranged on two sides of the top of the first through hole, and a bottom of the first through hole is lower than a lower surface of the cover plate and is connected with a water pump; tops of the second through holes are higher than the upper surface of the cover plate; and a power unit.