A new similarity invariant metric $v_G$ is introduced. The visual angle metric $v_G$ is defined on a domain $GsubsetneqRn$ whose boundary is not a proper subset of a line. We find sharp bounds for $v_G$ in terms of the hyperbolic metric in the particular case when the domain is either the unit ball $Bn$ or the upper half space $Hn$. We also obtain the sharp Lipschitz constant for a Mobius transformation $f: Grightarrow G$ between domains $G$ and $G$ in $Rn$ with respect to the metrics $v_G$ and $v_{G}$. For instance, in the case $G=G=Bn$ the result is sharp.