You can only prevent other profiles on your system from accessing your folders. You can't assign permissions in Home Edition the same way you can in Pro. You can't restrict access to some folders, but yet allow access to others.(well technically you can but it diff than with pro.) It's either all or nothing with Home Edition.
You can't stop people from accesing those folders from within your profile though. You can, however, password protect your user profile itself, so that a password is required to log into it.
BTW, in Home Edition permissions function the same way, regardless of whether your using NTFS or FAT32.