An LED lamp and it power source module are provided. The LED lamp includes an LED module and a power source module. The power source module includes two rectifying circuits, a filtering capacitor, a plurality of fuses, two filament-simulating circuits, and a discharge device. Each of the filament-simulating circuits is configured to allow a current to flow from one pin to the other pin via the corresponding first and second filament-simulating circuits during a pre-heat process executed by a ballast.