Yes - RaW; it’s a magical effect causing a savings throw.
I've gone through and listed the viable targets up to lvl 9th spell @ CR 10 or below.
Much greater risk with summoning a demon with magic resistance, especially if you choose not to do the circle.
Valid target without Magic Resistance:
- Manes (CR 1/8)
- Abyssal Wretch (CR 1/4)
- Dretch (CR 1/4)
- Maw Demon (CR 1)
- Rutterkin (CR 2)
- Bulezau (CR 3)
- Babau (CR 4)
- Shadow Demon (CR 4)
- Barlgura (CR 5)
- Draegloth* (CR 7)
- Shoosuva (CR 8)
Valid target with Magic Resistance:
- Quasit (CR 1)
- Dybbuk (CR 4)
- Tanarukk* (CR 5)
- Chasme (CR 6)
- Vrock (CR 6)
- Armanite (CR 7)
- Maurezhi (CR 7)
- Hezrou (CR 8)
- Glabrezu (CR 9)
- Yochlol (CR 10)
*I count as invalid targets, being they are not natural to the Abyssal plane and already a corrupted humanoid.
*Draegloth - A draegloth is a half-drow, half-glabrezu demon, born of a drow high priestess in an unholy, dangerous ritual.
*Tanarukk - The demon lord Baphomet gladly shares the secret of creating tanarukks with those who entreat him for power. The process corrupts an unborn orc of the tribe, transforming it at birth into a creature much more savage than an orc.
The lack of cohesion between the lesser and greater is off putting. Lesser states "hostile to all" yet Greater states nothing.