Counterbalanced forklift truck with a device for an electro-hydraulic or electric steering of at least one wheel of the counterbalanced forklift truck, with a steering wheel, which is pivoted by means of a shaft section about an axis, whereby the maximum steering angle of the steering wheel on each side of a neutral position (straight position) is smaller than 180.degree. and is limited by fixed limit stoppers, the steering transmission ratio is progressive with increasing steering angle of the steering wheel and the steering transmission ratio becomes more indirect with increasing travel speed.