TAdvMemo padding?

Is there a way to 'pad' TAdvMemo? I want the text in the memo to be farther away from the border, like 3-5 pixels or so, so there is more 'breathing room' and more whitespace between the border and the text content of the memo.

I'm simulating this by putting a borderless AdvMemo in a panel but I don't like that workaround.

If this isn't possible then could it be added?

Sorry, there is currently not a built-in setting to have such padding. We've added it on the feature request list for consideration to add such option in a future version.