VPS means Virtual Private Server, and it's made using software virtualization. The functioning is similar to a physical server. However, it's a virtualized instance made within a server. One physical machine can successfully host numerous virtual private servers. A cloud-based VPS can be hosted across numerous servers.
A web host is the most common type of VPS. You get VPS hosting solutions to form several web hosting companies as an alternative to dedicated hosting and shared hosting. A Forex VPS is a perfect fit between those two options, considering both price and performance.
Identical to shared hosting, a VPS shares a physical machine's resources with other hosting accounts. However, the custom configuration is possible with a VPS, similar to a dedicated hosting solution, as it's isolated ("private") from other accounts as well.