The invention relates to the technical field of illumination equipment, in particular to an LED lamp with an adjustable illumination angle. The LED lamp comprises a heat sink, an LED light source, a shell body, a drive power source and a front cover, a boss is arranged the heat sink, the LED light source is arranged on the end portion of the boss and is located inside the shell body, the shell body is fixed to the heat sink, the front cover is fixed to the shell body, two movable inserting pins are further included and are cylindrical, the central lines of the two movable inserting pins form a straight line, the two movable inserting pins stretch into the inner portion of the shell body from the two sides of the outer portion of the shell body respectively, the drive power source is fixedly arranged in the shell body, and the movable inserting pins are made of metal and are connected with the power source input end of the drive power source. Through the implementation mode of the structure, the drive power source and the heat sink are installed in a separated mode, and therefore safety problems are solved. The movable inserting pins achieve the function of being connected with the power source and fixing the drive power source and meanwhile has the function of fixing the LED lamp and enabling the LED lamp to rotate, and therefore the function of adjusting the illumination angle of the LED lamp is adjusted.