I may be wrong but I fear it is the other way: you are charged, you get a serial Id and are able to download the game. If you don't want to be charged, you shall not preorder. I think that all preorders will be processed (and charged) when the next windows for new beta testers will open.
Speaking as someone who has done multiple Stardock preorders (including Elemental beta 1), this is correct. If you pre-order, you WILL be charged the full cost of the order as soon as the next beta phase opens.
"pre-order" isn't really a good term, some of us prefer to use "pre-purchase", since that's really what you're doing. If you don't want to buy the game until its at retail, do NOT pre-order.
(It's also worth mentioning that it's not a demo. If you pre-order and then download the beta, you won't get a full refund if you cancel the order unless some kind of technical problem prevents you from running the game. If your goal is to try the game to see if you like it, wait for a demo.)