You did not specify what definition of equivalence you are using, but let me point out an example.
Take $X=\mathbb{R}$ with its usual metric $d_1(x,y)=|x-y|$. Take $\phi : X \to X$ to be a horrible, awful, very bad bijection. Do your worst. Make it discontuous everywhere, etc. etc. Define $d_2(x,y) = d_1(\phi(x),\phi(y))$. Then I see no reasonable definition of equivalence of metrics under which one would say that $d_1$ and $d_2$ are equivalent.
ADDED: With the definition of equivalence given by the OP in comments, the metrics $d_1$ and $d_2$ are not equivalent, indeed the identity map is not even continuous.