Protected Folder V1.3, like any commercial software, required a paid license. A license code shared publicly outside the vendor’s official channel violates the End User License Agreement (EULA). Using such a code constitutes software piracy.
IObit Protected Folder V1.3 generally follows a "Free Trial" or "Freemium" model where users can test basic features before purchasing a license key for the full version. Protected Folder V1.3 License Code