In this article we will list the main differences between parked and addon domains:

• Parked domain

pros:

- free; you can park as many domains as you want 

- ideal for multiple domains sharing the same website

cons:

- cannot be used for a separate website

- shares the logs of the main domain

- shares the stats of the main domain

• Addon domain

pros:

- can be used for a website separate than the main one

- uses separate logs

- uses separate stats

- has its own VirtualHost entry in the Apache configuration

cons:

- paid; you have to purchase an addon slot to host an addon domain

- shares the same hosting space as the main website