It'll be like towing, engine & transmission wise, with an Explorer. The 3.3L has similar power to the 4.0L I have in my 2008 explorer. And the F150 with the 3.3L has similar tow ratings as my Explorer. Yes, it will work. More payload capacity than that Explorer so it should tow better.
If buying new, get a stronger motor. I went with the 2019 F150 5.0L with 10 speed transmission, standard tow package. Night & day difference from my 2008 4.0L with 5 speed transmission with tow package.