Malicious Website Protection is not available in the free version. MBAM no longer offers a life time license. If you want added protection to run with your Anti-Virus and don't have 24.95$, I suggest Ad-Adware free. It will run in real time with your Anti-Virus without con flicks.
It however does not have Malicious Website Protection to my knowledge. IMHO Ad-Adware is good but not as good as MBAM Pro.
Combining our legendary anti-spyware with a powerful antivirus, Ad-Aware Free Antivirus+ enhances them with real-time protection, download protection and continuously updated filters against malicious URLs, providing top-of-the-line anti-malware protection for the casual computer user.
http://www.lavasoft.com/products/ad_aware_free.php
Hi! You can rely on just a good Anti-Virus if you think that's all you need to keep you safe on the Web;however IMHO these days you need all the protection you can get. That's why I suggest either MBAM Pro or Ad-Adware fee for another layer of protection and has been mentioned in several replies. Don't click it if you don't want a ticket. Practice safe browsing habits and use your brain!
Malwarebytes Anti-Malware is not meant to be a replacement for antivirus software. Malwarebytes Anti-Malware is a complementary but essential program which detects and removes zero-day malware and "Malware in the Wild".
This includes malicious programs and files, such as virus droppers, worms, trojans, rootkits, dialers, spyware, and rogue applications that many antivirus programs do not detect or cannot fully remove. That being said, there are many infections that Malwarebytes Anti-Malware does not detect or remove which any antivirus software will, such as file infectors.
It is important to note that Malwarebytes Anti-Malware works well and should run alongside antivirus software without conflicts. In some rare instances, exclusions may need to be set for your specific antivirus product to achieve the best possible system performance.