The FIFA 23 Coins pattern uses three CAMS, however the LAM/RAM function as LM/RMs. As such, they play quite similar to a 4-4-1-1 with the option to play either wide or narrow.
Defensively, the 4-2-3-1 is a compact formation. It has two holding CDMs, which provide security, and the formation can be easily adapted by using the 'balanced', or 'get forward' instructions on the CDM you can make the player more aggressive or less so.
The formation lets a team defend in a 4-5-1 in which the CAM is slightly higher than other formations , such as the 4-4-2. This is why it is the most preferred option for many players to win a match but still have an offensive threat.
The 4-4-2 is arguably the most balanced formation of FIFA 23. The formation employs two strikers. It's slightly more offensive than 4-2-3-1, at the cost of a lack of a CAM.
For players who are just beginning to learn about FIFA are often struggling with the 4-4-2 because of the absence of a CAM, but you can always use an CM for extra help to the attack.
The only drawback to this system is that the two strikers tend to remain in the forward position, despite the instructions to "come back to defend' that is, in essence, forcing you to be defensive with the help of four middlefielders until you can bring one of buy FUT 23 Coins them back manually.