If you want to decrease the page load time and want blazing fast Magento store, I would recommend you to host your Magento store on Cloudways because Cloudways Managed Magento Hosting Platform is renowned for providing fast Magento store performance, thanks to its mighty ThunderStack recipe.
Also, Cloudways has partnered with Amasty to offer you $320 Full Page Cache extension free of cost for all Magento stores deployed on Cloudways Magento Platform. This partnership now provides one of the world’s fastest Magento 1.x hosting stacks ever.
To know further more about it and see the benchmarks, please take a look at this below blog post:
Cloudways Full Page Cache Benchmarks