# Configure PAMM settings
For PAMM services, you can select the default allocation method applied to all new PAMM subscriptions and the default rollover type applied to all new PAMM master accounts.
In addition, you can specify the format of comments added to balance operations, such as dividend payouts, in order to distinguish such operations from deposit operations.
Configure PAMM settings as follows:
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{% step %}
Go to **Investment Platform** and expand the required platform instance, such as MT4, MT5, or cTrader.
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Go to **Pamm** > **Settings**.
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Make sure you are on the **Trading Settings** tab.
Trading settings
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{% step %}
### **Select the default PAMM allocation method**
In the **Default allocation method** dropdown, select a method for allocating positions between PAMM investment accounts subscribed to the same PAMM master account. The default method is applied to all new PAMM subscriptions.
The following two allocation methods are available:
* **Reallocation on deposit & withdrawal** On each deposit and withdrawal operation, open positions on a PAMM master account are reallocated to PAMM investment accounts subscribed to it, in proportion to equities.
* **No action on deposit & autocorrection on withdrawal** On deposit operations, no position is reallocated from a PAMM master account to the subscribed PAMM investment accounts. On withdrawal operations, open positions on the PAMM master account are autocorrected (partially closed) in proportion to withdrawn amounts. The autocorrection is made to preserve the same leverage (or margin level) on the PAMM master account.
Refer to [Allocation methods for PAMM](/copy-trading-pamm-and-mam-concepts/allocation-methods-for-pamm.md) to learn more about each allocation method.
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{% step %}
### **Select the default rollover type**
In the **Type of Rollover** dropdown, select the default rollover type. The default type is applied to all new PAMM master accounts. The following two rollover types are available:
* **Manual** – indicates that the rollover process is triggered on a PAMM master account by the trader who owns that account at a required time.
* **Scheduled** – indicates that the rollover process is run automatically based on a schedule.
For the **Scheduled** type, the default time for starting the rollover process is every day at 00:00 and the default freeze time preceding the rollover is 15 minutes.
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In the **Rollover Settings for Client** dropdown, select either **Manual** or **Scheduled**, or both.
If both options are selected, PAMM traders can select a rollover type for each of their PAMM master accounts in the Web UI.
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{% endstepper %}
## **Add comments to dividend payouts**
In the section named **Distribute balance orders to investors**, add comments that will be assigned to such balance operations as dividend payouts during dividend distributions from a PAMM master account to the subscribed PAMM investment accounts.
The comments are required if you provide your clients with access to stock and index markets, which imply dividend payouts. With the help of comments, dividend payouts are distinguished from deposit operations and taken into account for calculations of trading statistics, such as PnL, for the PAMM master account as well as for PAMM investment accounts subscribed to it.
Add a comment as follows:
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Click the **Add (+)** button.
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In the **Alias** field, specify the balance operation to which the comment is assigned, for example, Dividend.
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{% step %}
In the **MT** **Comment** field, enter the comment.
The comment can be specified in plain text or using one or both of the following placeholders:
* `` – the identifier of a PAMM master account
* `` – the identifier of a trade placed on a trading platform
For example:
`Dividend distribution from `
or
`Dividend from | `
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Click **Save** to add the comment.
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**Example**
Suppose the comment for dividend payouts is specified in the format:
`Dividend | | `
The following comment is assigned to operations of dividend payouts earned from the trade **11456789** placed on the PAMM master account **2123456789**:
`Dividend | 2123456789 | 11456789`
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