The open science (OS) movement has the potential to fundamentally shape how researchers conduct research and distribute findings. However, the implications for research on lesbian, gay, bisexual, trans, intersex, and queer/questioning (LGBTIQ+) experiences present unique considerations. In this paper, included in the special issue on Reimagining LGBTIQ+ Research, we explore how the OS movement broadens access to and comprehension of LGBTIQ+ experiences while simultaneously imposing limitations on the representation of these identities and raising concerns about risks to LGBTIQ+ researchers and participants. Our research focuses on three facets of the OS movement. First, we examine practices related to open data, which advocates that data should be accessible to other researchers to analyze. Yet, providing access to such data challenges may compromise trust between the research team and study participants. Second, we examine practices related to open replicable research, particularly as it has the potential to both highlight and erase the experiences of groups within the LGBTIQ+ community. Finally, we consider how open access, making scholarly articles free to the public, may help educate a broader audience on the lived experiences of LGBTIQ+ people, but in regions where these identities remain heavily stigmatized and/or criminalized, access may be blocked or individuals could be penalized for retrieving this information.