This phish is probably imitating real account verification code emails that Microsoft sends in certain circumstances. However, although the sender claims to be the “Microsoft team”, their email address gives away the fact that they are not actually from Microsoft (note: this information may not be immediately visible in mobile mail apps). Also, if you hover over the “click here” link (or hold down your finger on it if you’re using a mobile mail app), you will see that it goes to a site on sibforms.com, which is an email sign-up form builder. Phishers regularly abuse such form builders to create phish sites; a genuine Microsoft login page would not be built on one of those.
